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Markets

Soybeans rise on strong demand from US crushers

  • Soybean futures on the Chicago board of trade extended gains for a fourth consecutive session on Tuesday
Published Updated
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BEIJING: Soybean futures on the Chicago board of trade extended gains for a fourth consecutive session on Tuesday, supported by healthy demand for soy to make biofuel, but estimates of a record harvest in Brazil capped gains.

Wheat futures also firmed, helped by signs of healthy export demand in recent days, while corn fell slightly under pressure from abundant supply.

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