Friday, 18 February 2011
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Specs sell longs in CBOT wheat, soy as prices drop
* Drop in soy, wheat prices prompts spec selling* Noncoms also trim corn long stake amid acreage view * Cut in soy holdings comes after 3 weeks of gains (Adds background, price moves, index fund data) CHICAGO, Feb 18 (Reuters) - Large speculators cut their netlong stakes in Chicago Board of Trade soybean, wheat and cornfutures, data from the Commodity Futures Trading Commissionshowed on
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