Soybeans down modestly prior to start of G20

Soybeans were modestly lower on profit taking and technical selling. Contracts consolidated ahead of the G20 meeting and the expected talks between the U.S. and China. Ahead of the talks, there were more mixed signals out of Washington D.C. and without an official agreement, new higher tariffs on Chinese goods could still go into effect January 1st. Those new U.S. tariffs, along with Chinese intellectual property and economic policies have reportedly been discussion points ahead the meetings in Argentina.

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