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Soy Up on U.S.-China Talks

Corn falls further on U.S. harvest view

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Chicago Board of Trade soybean futures rose 1.7% on Tuesday, rebounding from Monday’s decline, on signs of easing tensions in the U.S-China trade fight as well as concerns about dry conditions hindering crop development in the Midwest, reports Reuters.

Corn futures weakened for the second day in a row, sinking 2.4% to a three-month low as the U.S. Agriculture Department’s production forecast issued on Monday continued to pressure the market, traders said.

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