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Soybeans Fall to Near 10-Month Low

Panic over coronavirus pandemic pummels world financial markets

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US soybeans fell more than 1% on Friday to hit a near 10-month low as rising panic over the coronavirus pandemic pummeled world financial markets, report Reuters.

The oilseed was set for its biggest weekly loss since July 2018.

Soybean export sales fell below expectations, and weekly net cancellations of US pork sales to China topped 45,000 tonnes, the most in records dating to 2013.

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