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Soybean Prices Sink to Lowest in Seven Months

Planting due to rain delays could fuel shift to more soybean acreage

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According to a report at Reuters, Chicago soybean futures on Monday dropped to their lowest level in over seven months, extending their decline into a seventh session.

That came as a lack of U.S. corn planting due to delays in rain could fuel a shift to more soybean acreage despite sluggish export demand from top importer China.

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