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Soybeans finish modestly lower; soymeal surges after choppy trade

U.S. soybean futures closed modestly lower after a choppy session as surging cash prices for soymeal supported the market, analysts said.

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S. soybean futures ended modestly lower on Thursday after a choppy session, while stronger cash soymeal prices supported the market, analysts said. The run-up to next week's meeting between presidents Donald Trump and Xi Jinping also kept markets focused.