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Soybeans Post Record Rally With Demand Gain Overshadowing Trade War

Soybean futures, which had been plummeting over the past month as the U.S. inched closer to a trade war with China, posted a record move higher on Friday as the promised tariffs were finally imposed.

While purchases have slowed from China, the world’s biggest importer, American soybeans got so cheap that other countries have started to increase purchases, U.S. government data show.

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Head In Ass Train Comments on July 7, 2018 in Politics.
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