Soybeans Advanced amid Higher Demand from China

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Source: Bloomberg
Soybeans grew to the highest in one week in Chicago on demand from China, the largest consumer of the oilseed, may increase, and on low rainfall in Argentina, the third-largest supplier, may delay harvesting. The contract for May-delivery of soybeans advanced 0.7% to $14.6775 a bushel in Chicago, after reaching $14.70, the strongest level since February 8.
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