Soybean market drops after China cancels purchase: Podcast

Corn, wheat markets also are lower.

Soybean futures led the crop markets lower Thursday following news that China cancelled the purchase of 14.1 million bushels of soybeans.

Corn is lower amid reports that China will lower prices of its grain to increase domestic usage and lower imports.

Bob Burgdorfer of Farm Futures reporting. Farm Futures is a sister publication of Fee

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