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Thursday, 4 July 2013

Chicago Market Mostly Higher Heading Into Holiday

Posted on 01:33 by Unknown
03/07/13 -- Soycomplex: For soybeans and meal it was the same old story of tight US old crop stocks and strong world demand pushing prices higher. As ever, the prospect of potentially bumper US production in the months ahead paints a somewhat less bullish picture going forward. Lanworth estimated the 2013/14 US soybean crop at 3.36 billion bushels, up from a previous estimate of 3.34 billion. MDA
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