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Soybean Prices Regain Ground

Soy prices choppy as U.S.-China talks remain main focus

Chicago soybean futures rose on Monday, recouping the prior session’s losses, as the market focus remained on the trade dispute between the United States and China, the top buyer of the oilseed.

Reuters reports wheat edged higher as concerns over wet weather in North America provided a floor under the market.

A U.S.-China trade deal appeared elusive on Friday after Chinese officials unexpectedly cancelled a visit to farms in Montana and Nebraska as deputy trade negotiators wrapped up two days of negotiations in Washington.

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