Soybeans were modestly higher on short covering and technical buying. There’s more optimism about trade talks with China, but not a lot of publicly available details. Treasury Secretary Steven Mnuchin says enforceability issues are “nearly settled”, so a deal might be close. Trade talks with Japan get underway this week. Unknown destinations bought 140,000 tons of old crop U.S. beans, a routine amount, and weekly export inspections were bearish. Soybean meal was higher and bean oil was lower on the adjustment of product spreads.