Soybean futures turned lower near midday following a 3% drop in China’s soybean market. Also, talk is circulating Brazilian farmers are selling soybeans following a sharp drop in the real. 

Egypt bought Russian wheat today at prices $3 to $6 per ton higher than in a similar tender earlier in the week.

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Soybeans fall after Chinese market turns lower

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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