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Breaking News-RTRS-US Census crush data lifts nearby CBOT soy futures

Posted by Flora Sawita Labels:

CHICAGO, April 22 (Reuters) - Bullish monthly data on soy processing from the U.S. Census Bureau showing stronger-than-expected usage helped lift soybean and soymeal futures on the Chicago Board of Trade, analysts said Thursday.
The Census Bureau reported that U.S. processors crushed 156.14 million bushels of soybeans during March, up from 144.42 million a year earlier.
The crush figure was slightly above the average estimate among analysts surveyed by Reuters of 154.9 million, and pointed to tightening stocks of U.S. soybeans at the end of the 2009/10 marketing year on Aug. 31.

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