More positive news during the weekend regarding the prospects for an agreement to end the U.S.-China trade conflict buoyed the soybean complex both last night and early in today’s session. China also said late Friday that it will purchase another 10 MMT of U.S. soybeans. The news that President Trump suspended the 1 March imposition of additional tariffs against China sent U.S. equity markets higher today. Crude oil was down nearly $2.00/barrel, and the U.S. dollar was slightly higher.

  Corn FUTURES Corn futures traded 2-3 cents higher overnight, but they changed direction when the wheat market gave up today and ended 3.25-4.75 cents lower at the close. Neither the export sales announcement of 279,000 MT of old and new cr...