Soybean futures led the crop markets lower on Thursday following news that China cancelled the purchase of 14.1 million bushels of soybeans.
Corn is lower amid reports that China will lower prices of its grain to increase domestic usage and lower imports.

Farm Futures Senior Editor Bob Burgdorfer comes to Penton Farm Progress with experience as a reporter covering grain markets and other global news with Reuters, Inc. A journalism graduate from Kansas State University, Bob has also worked at daily newspapers and Knight-Ridder as a commodity reporter, covering grains and livestock. He has earned five writing awards for his coverage of Mad Cow Disease, immigration issues and other international breaking news stories.

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