Soybean futures erased earlier gains after US President Donald Trump said a planned meeting with his Chinese counterpart, Xi Jinping, may not happen.
Contracts for January delivery of the oilseed — used in animal feed and green diesel — closed 0.1% lower on the Chicago Board of Trade, ending a three-day winning streak. The commodity had earlier touched the highest price in almost two months on speculation that a looming deal between Washington and Beijing would bolster export demand for US soybean supplies.
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While Trump said ...