PROFIT TAKING IN OIL/MEAL SPREADS DRIVES SOYBEAN AND PALM OIL FUTURES LOWER

Soybean futures were marginally lower on Monday as traders look forward to news from trade talks between the United States and China. Improving weather conditions in Argentina also weighed on prices, but losses were limited by technically-driven buying at the 10-day moving average. Funds were reported sellers of 3,000 soybean contracts,…