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Soybeans Fading Lower as USDA Raises Production and Stocks

Source: Nasdaq

Commodities & Raw MaterialsCommodity Futures

Soybean futures fell 12–13 cents across the front months on Friday, pressured by declines in corn and wheat. The cmdtyView national average cash bean price was down 13¼ cents to $12.30; soymeal futures fell $3.90 and soybean oil futures were 25 points lower.

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