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Soybeans Erase Gains as Ample Supply Outlook Offsets China Bets

· bloomberg.com · popularity 34/100 · 0 similar stories today · Agriculture & Food Production (Food, Drink & Agriculture)

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Summary

Soybean futures erased earlier gains on Monday as traders weighed renewed optimism over Chinese demand against expectations that the US Department of Agriculture will report a bumper crop later in the week.

Found in: Bloomberg Markets. Rating basis: single outlet; outlet tier 5; 1 feeds; feed position 20.