Soybeans saw relative strength overnight as prices bounced off technical support.
The grain and soy markets saw a pullback from recent highs overnight as prices continue to consolidate following the recent run higher.
Soybeans saw relative strength overnight, led by strength in meal, though failed to break above recent highs.
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Soybeans continue to lead strength on hopes of clarity regarding China on trade.
Soybeans surged higher overnight on hopes of a trade deal with China, with details coming later this week as President Trump and Chinese President Xi meet in South Korea.
Consolidation was seen across the grain and oilseed complex overnight following big gains on Thursday.
Soybeans continue to lead strength, which will be difficult to continue without participation from corn and wheat in the next couple days.
Corn, soybeans and wheat saw strength in the latter portion of the overnight session and went into the break trading higher.
Soybeans continue to see relative strength and traded above key technical resistance overnight.

Lane Akre