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“Rumors that China has made purchases or is looking to purchase U.S. soybeans have supported prices over the past two days, but there has been no confirmation from the USDA yet that purchases have been made. Columbia, however, purchased 105,000 metric tons of soybean cake and meal for delivery in the 25/26 marketing year,” Amanda Brill of Total Farm Marketing said. “Soybeans ended the day higher following Monday’s momentum, a hot and dry 8-14 day forecast.”
