Soybeans are trading with losses as traders square up ahead of the US/China meeting this week. Contracts are down 10 to 12 ¼ cents. The cmdtyView national average Cash Bean price is down 11 3/4 cents at $12.54. Soymeal futures are up a dime to down $1.30 to $2.40, as Soy Oil 15 to 20 points.
Traders taking some risk off ahead of the meeting between the US and Chinese leaders on Thursday. Some are looking for the meeting to focus on extending the current trade truce and look to make progress on the current tariffs.
