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00:00 Chicago soybean futures dropped on Thursday, pressured by South American forecasts for more rain which could relieve parched soy crops in Argentina.

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00:15 Corn and wheat traded just below even, holding on to some of the previous day's gains as extreme winter weather threatens winter wheat crops in the U.S. Plains and Midwest.

00:25 The Chicago Board of Trade most-active soybean contract dipped 10-1/4 cents to $14.74-1/4 a bushel by 10:53 a.m.
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