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Trend Trading Futures Soybeans News

Pre-Opening Soy Complex Market Report

March soybeans were trading down 11 3/4 cents late in the overnight session. China futures were closed all of last week and bounced just 0.3% this morning which was less of a rally than expected as traders were looking for China to play "catch-up" from last week's solid gain for the US market. Malaysia palm oil futures closed down 1.7% and pushed to a 5-week low.

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EU wheat firm with US, shrugs off euro rise

PARIS : Wheat prices in western Europe rose on Monday as technical trading, spillover support from Chicago and healthy demand for British wheat helped European markets shrug off a sharp rise in the euro.

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USDA data, S.America rains keep pressure on futures

CHICAGO: US corn and soybean futures fell more than 1 percent on Friday, extending losses after a midday forecast for more crop-boosting rain on South American production areas added to bearishness from a US government crop report a day earlier.

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Maize futures rebound after sharp drop

South African maize futures rebounded from Friday's lows, supported by a lower grain supply-demand ratio. Maize prices fell hard on Friday, reacting to the bearish US crop report, which raised estimates for global grain supplies.

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EU wheat edges higher on softer euro

LONDON : European Union wheat prices edged higher on Friday, boosted by a weaker euro, while traders awaited clearer indications on crop prospects in drought-hit Argentina .

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