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Most CBOT soybean futures fell, suppressed by long liquidation

by Joy

On June 15, according to media reports, most futures contracts in the CBOT soybean futures market closed down on Wednesday, and the benchmark period closed down by about 0.80%, which was mainly suppressed by the liquidation of long positions.

The July contract retreated from a one-month high set on Tuesday as bulls took profits and sold off, traders said.

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The November contract, which represents new crop soybeans, closed slightly higher, mainly supported by dry weather in parts of the Midwest.

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