Soybean futures fell toward $10.10 a bushel, the lowest in about two weeks, pressured by lingering uncertainty over US–China trade talks.
Last week’s call between US President Trump and Chinese President Xi offered no progress on agricultural exports.
China, the world’s largest soybean importer, has paused US purchases, turning to South American supplies.
US harvesting is set to accelerate, boosting market supply, while Brazilian growers plan to expand planting areas.
Market focus now turns to November, when Trump is scheduled to meet Xi at the APEC summit in South Korea, with investors watching for any trade breakthrough.
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