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Soybeans Climb With Corn as Rain Swamps Fields in Parts of U.S.

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Soybeans and corn rose to the highest levels in more than a month as downpours in the U.S. raised the potential for crop damage in the world’s biggest producer.

Parts of the Midwest received more than six times the normal rainfall in the week through Monday, the National Weather Service said. Farmers are planting soybeans at the slowest pace for this time of year since 1996 and the wheat harvest is making the least progress in almost two decades.