OPTIMISM ABOUT TRADE, BIOFUEL TAX PLAN DRIVE OILSEED COMPLEX PRICES HIGHER

Soybean futures rallied on Tuesday with most contracts up about 1 1/2 percent. Prices were supported by buying in anticipation of the G20 meeting and the potential for the US and China to make progress in the ongoing trade dispute between the countries. The rally erased most of the decline that occurred Monday and drove the nearby contract…