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CBOT Soybeans Hit Seven-Week Low as Dry Weather Speeds Harvesting

Soybean futures fell to a fresh seven-week low Friday amid technical and fund selling, with dry weather forecast over the coming week expected to accelerate Midwest harvesting.

Chicago Board of Trade soybean futures dropped to a new seven-week low on Friday, pressured by technical and fund selling. Dry weather forecast for the coming week was also expected to speed harvesting across the Midwest.