Soybeans, corn down, expecting good late development weather

Soybeans were lower on fund and technical selling. Late August crop weather is generally non-threatening and the trade expects a record domestic crop, along with record planted area for Brazil’s upcoming crop. Beans are monitoring this week’s scheduled initial round of trade talks with China for any signs of progress on tariffs. Realistically, the best this round of discussions can do is set the stage for more talks later in the year. Both the U.S.

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