Soybeans were lower on profit taking and technical selling, closing towards the middle of the day’s range. Business could be choppy with the U.S. and China scheduled to meet next week for Cabinet-level trade talks. Aside from protracted negotiations, concerns about African Swine Fever and China’s economy could also limit demand. The trade dispute is also having an impact on multinational trading firms, with Bunge lowering its annual profit outlook. China did show up in the week export inspections report.
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