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Posted AT 6:54 AM EST on 02/07/08

Soybeans rise to all-time high on concerns about stocks

Reuters

PARIS/TOKYO — U.S. soybeans extended gains on Wednesday amid worries about a drop in U.S. soybean stocks to near record lows, with the front-month July contract hitting an all-time high for a third session. U.S. corn futures bounced back, recovering from a two-week low marked the previous day on bearish data issued this week by the U.S. Agriculture Department.

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