Wednesday, 16 February 2011
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Soybean stumbles on profit booking
Soyabean yesterday we have seen that market has moved -0.29% as profit-booking is emerging at higher levels. In the domestic spot market, demand is very good from oil millers. China, the largest wheat consumer, says the drought in the country's main growing region may be prolonged, as prices surge to a record. Brazil soybean production is forecast at a record 68.5 million tons, up 1.0 million
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