Thursday, 7 April 2011
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Soybean futures advance on speculation supplies to tighten
Soybean futures were up for a second day on Thursday, boosted by speculation U.S. farmers would switch to planting more profitable corn and cotton. On the Chicago Mercantile Exchange, soybean futures for May delivery traded at USD13.8150 a bushel during European afternoon trade, climbing 0.41%. It earlier rose to a daily high of USD13.8325 a bushel. The U.S. Department of Agriculture
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