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SINGAPORE- Chicago soybean futures gained for an 11th straight session on Tuesday, climbing to their highest since June 2018 on strong demand from top importer China.
Wheat slid a fourth consecutive session as higher output in Australia, the world’s fourth-largest exporter, weighed on prices.
“It is largely Chinese demand driving prices higher and renewed fears of rain and flooding in China,” said Ole Houe, director of advisory services at agriculture brokerage IKON Commodities in Sydney.
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