Soybeans down, waiting for China

Soybeans down, waiting for China

Soybeans were
modestly lower on fund and technical selling. It was another day with more talk
about China buying U.S. ag goods and while there’s no confirmation, tariff
waivers could take some time. The U.S. and China are expected to meet next week
for face to face negotiations but recent rhetoric hasn’t exactly been friendly
from either side and tariffs remain in place. China’s tariff on U.S. beans,
along with big crops from South America, have made U.S.

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