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Relentless demand from China bolsters soybeans

December 30, 2016

Soybean prices stayed aloft, bolstered by the second round of U.S. soybean sales to China this week. But corn and wheat prices fell slightly. January soybeans closed up 1 ¼ cents at $10.49. December corn edged down ½ cent at $3.50 ½, while CBOT December wheat slid 3 1/5 cents to $3.86 1/5.