Pro Farmer

Key trade talks with Japan ahead; Pakistan offers more soybean and cotton purchases.
Japan has begun reviewing longstanding nontariff trade barriers in a bid to gain leverage ahead of negotiations.
Soybeans led weakness overnight with wheat following to the downside. Corn futures favored the upside but faded to just fractionally higher into the break.
U.S. considering new trade proposals, many countries negotiating.
Ratings for both crops remain well below year-ago.