PROFIT TAKING PRESSURES WORLD VEGETABLE OIL MARKETS, BUT PRICES IN CHINA CONTINUE TO MOVE HIGHER

Soybean futures settled about 1/2 percent lower on Tuesday, pressured by an improving outlook for South American weather conditions and position squaring ahead of trade talks between the United States and China that are scheduled for this week in Washington D.C. Traders noted concern about the announcement on Tuesday of criminal charges against the…