Excerpt from: Futures and Commodity News
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| November 02, 2007 | | Futures trading the softs markets | Corn and soybean futures are showing strength on the commodities market today. The main cause is a decline in the U.S. harvest, making supplies dearer. Bloomberg reports on corn and soybean futures:
``Corn and soybeans were supported by FCStone's harvest forecast,'' Kenji Kobayashi, an analyst at Kanetsu Asset Management Co., said by phone from Tokyo. ``Soybeans were also supported by a technical rebound.'' | | |
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