Chicago soybean meal fell sharply on Thursday
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Last Update: 2002-07-27
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Source: Internet
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Author: User
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Introduction: on Thursday, CBOT soybean meal closed down sharply under the demonstration effect of soybean decline Brazil's real exchange rate fell sharply, but also to promote short sentiment But the dollar also weakened, helping to offset some of the negative effects Soybean meal closed down $4.50 to $6.20, down $5.50 to $182.30 in August and 3.6%, or $6.20, to $167.10 in December, the lowest since July 10th U.S soybean meal export sales data are neutral, with 68300 tons of soybean meal (both old and new) sold in the week ended July 18, compared with the industry's expected range of 25000 to 75000 tons.
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