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CBOE Soybean Futures Extend Losses

The Chicago Board of Trade’s soybean futures dropped on long liquidation.

The Chicago Board of Trade’s (CBOE) soybean futures dropped on long liquidation, The Wall Street Journal reports. The most-active CBOT November contract traded as much as 13 cents lower.

The contract reached $12.45 a bushel. These futures have been dropping for the past three weeks. They are now at their lowest so far in 2011.

Click here for the story from The Wall Street Journal.

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