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Friday, June 30, 2006

Bean bounce

Bean bounce: Soybean futures surged to near 3-week highs, as the USDA's stocks and acreage estimated fell to the lower end of most analyst's expectations.The USDA reported this morning that U.S. farmers planted 74.9 million acres, up 4% from last year, but below the previous USDA estimate of 76.895 million acres. Read More....