HOPE FOR CHINA TRADE DEAL DRIVES SOYBEAN COMPLEX HIGHER SLOWING EXPORTS WEIGH ON PALM OIL

Optimism about progress in trade negotiations between the United States and China triggered technically-driven buying at the 50-day moving average and the 38 percent Fibonacci retracement level to drive soybean futures about 1 1/4 percent higher on Tuesday. Prices were also supported by weakness in the dollar and broad strength…