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Chicago soy surges, tracking soyoil gains; wheat, corn also up

  • corn rose on brisk export demand, and wheat also gained
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By Reuters

BEIJING: Chicago soybeans rose on Tuesday, supported by higher soyoil prices, which tracked gains in the crude oil market amid the ongoing war in the Middle East, while concerns over Chinese demand and competition from Brazil kept a lid on prices.

Meanwhile, corn rose on brisk export demand, and wheat also gained, despite improving US crop weather and a well-supplied global market.

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