Grain, soybean futures down sharply on favorable Midwest weather outlook, China tensions.

Short-term trend turns up for corn, soymeal and cotton.

China’s central bank cuts rates after a raft of disappointing economic data

Soybeans led a round of heavy, broad-based selling across the grain and soy markets overnight amid favorable weather, along with heightened Chinese tensions and economic concerns.

U.S. to unveil new trade plan with Taiwan

Corn ends near eight-week high after USDA cuts production forecast; soybeans higher despite surprise increase in crop.