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“Soybean futures are trading higher following their impressive performance in yesterday’s session,” Total Farm Marketing said. “January futures are trading 3-3/4 cents higher to 1160-3/4. March futures are trading 2-1/2 cents higher to 1165-3/4. China’s state-owned grain trader COFCO reportedly purchased at least 14 cargoes of U.S. soybeans on Monday (about 840,000 metric tons) for December and January shipment.”
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