Soybeans down, but still post slight weekly gain

Soybeans down, but still post slight weekly gain

Soybeans were lower on profit taking and technical selling, reversing course from Thursday, but still finishing modestly higher on the week. The trade was watching planting weather, expecting the USDA to report mixed progress on Monday, ahead of a more conducive weather pattern. The trade is also waiting to see what happens at the upcoming G20 summit. Significant progress is unlikely, but President Trump and China’s President Xi are expected to meet in Japan. China’s tariff on U.S.

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