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Soybeans led strength overnight amid a U.S. and China 90-day pause on tariffs.
The 90-day reduction in tariffs gives both sides until mid-August to reach a comprehensive trade deal.
Short-term trend turns bullish for crude oil after U.S./China trade tensions ease.
USDA’s May crop reports are out later this morning.
USDA’s May crop reports could be overshadowed by this weekend’s U.S./China trade talks.
