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Corn, wheat markets also are lower. (audio)

January 28, 2016

1 Min Read

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.

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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.

For more corn, wheat and soy news, commodity marketing recommendations and daily commodity charts, subscribe to Farm Futures' free e-newsletter, Farm Futures Daily, and keep up during the day with Farm Futures on Twitter.

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