China Likely to Reduce Soybean Imports

Chinese importers of soybeans is likely to cancel some shipments of merchandise as processing margins and lower soybean meal prices fall, an official state grain trader Cofco Ltd., said. China is the leading global soybean imports, so that any signal of the Asian nation is to reduce imports could push world prices. U.S. equity futures soybeans for May delivery fell 1.5% to $ 13.72 a bushel in

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