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Soybeans

Soybeans

Trade estimates NOPA December soybean crush near 185 million bushels versus 179 in November and 183 last year. Some estimates of the Brazil soybean crop are near 134 million metric tons versus USDA’s 138. That could help U.S. exports, said Steve Freed of ADM Investor Services.

China’s soybean imports in 2021 declined 3.8%, attributed to poor hog and crush margins, but recovered somewhat in December, said Jim Warren of CHS Hedging.

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