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Soybeans Drop to 6-Month Low

Wheat eases for a second day

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Chicago soybean futures slid for a second session on Thursday to a six-month low on the threat of deeper economic damage from the coronavirus, dragging down global stocks and commodities, reports Reuters.

Wheat slid 1%, while corn lost 0.9%

The U.S. Energy Information Administration said US ethanol stockpiles last week fell to 24.33 million barrels, backing down from the previous week’s record high, while output of the corn-based fuel fell to 1.04 million barrels per day.

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