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Chicago soybeans fall on active harvests despite China buying demand
BEIJING: Chicago Board of Trade soybean futures extended a decline on Thursday as active harvesting in the US Midwest supported supplies, although losses were limited by a resumption of Chinese purchases of US cargoes. The most-traded soybeans contract on the Chicago Board of Trade (CBOT) was down 0.4% at $12.71-3/4 a bushel by 0426 GMT. CBOT wheat fell 0.7% to $6.68-1/4 a bushel and CBOT corn slipped 0.4% to $4.79 a bushel. Mostly dry weather around the Midwest for the past week allowed farmers to accelerate harvesting after rain delays earlier in the fall. While midweek rains stalled field w...
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