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soybeanCHICAGO: US soybean futures cut their losses and briefly turned higher on Monday, supported by rain in Argentina and positioning before the US Agriculture Department's monthly supply and demand report, traders said.

 

At 12:04 p.m. CST (1804 GMT), Chicago Board of Trade January soybeans were down 2-1/4 cents at $14.70 a bushel.

 

Center>Copyright Reuters, 2012

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