US soybean futures fell after Donald Trump postponed his China summit with Xi
Jinping to five–six weeks from late March. The delay, combined with weaker crude
oil, pressured soy and soy oil contracts, dropping by up to 0.6% and 1.7%,
respectively. New US soybean purchases linked to a trade deal are now uncertain.
Analyst Joe Davis noted early White House agriculture announcements partially
offset losses, though confirmation from Beijing is needed to restore broader
crop market optimism.
