CONCERNS ABOUT SLOWDOWN IN WORLD ECONOMY AND BEARISH PALM OIL DATA DRIVE SOYBEAN OIL SHARPLY LOWER

Soybean futures fell more than one percent on Monday, pressured by improving weather conditions in South America and uncertainty about trade negotiations between the United States and China. Technically-driven selling at the 10-day moving average and the 38 percent Fibonacci retracement level accelerated the losses but…