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CBOT soybeans tick higher as China buys and weather tightens

Chicago Board of Trade soybean futures moved higher on Thursday, supported by continued Chinese purchases of U.S. soybeans. Hot, dry weather concerns in U.S. soy-producing areas and rising crude oil futures also weighed in.

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Chicago Board of Trade soybean futures moved higher on Thursday on continued Chinese purchases of U.S. soybeans, concerns over hot, dry weather in soy-producing areas of the U.S. and rising crude oil futures.