Chicago soybean futures settled higher on Tuesday on strength from a temporary truce in the U.S.-China trade war and a bullish U.S. Department of Agriculture report, though profit-taking pressured prices throughout the session.

U.S. grains: Soybeans higher on bullish USDA report, US-China trade truce

Mexico says it expects early review of CUSMA trade pact
Mexico expects a planned review of the CUSMA trilateral trade pact with the U.S. and Canada to kick off ahead of schedule, the nation’s economy minister said on Monday.

Bayer: U.S. Supreme Court could decide in June whether it will hear glyphosate case
The crop input giant is looking for greater protection against costly product liability lawsuits
Bayer said on Tuesday that the U.S. Supreme Court could decide as early as next month whether it will hear the company's request to sharply limit costly litigation over disputed claims that its Roundup weedkiller causes cancer.

U.S. farmers say Brazil still has edge in China’s soybean market despite trade truce
A surprising tariff pause between Beijing and Washington will not help U.S. farmers gain soy sales in China without additional concessions, producers said, because top-supplier Brazil still has a competitive price advantage.

U.S. grains: Soybeans hit three-month high on US-China trade deal, USDA report
Chicago soybean futures notched a three-month high on Monday as a truce in the U.S.-China trade war and a bullish U.S. Department of Agriculture report helped prices recover to pre-trade war levels, traders and analysts said.

U.S. and China reach deal to temporarily slash tariffs
‘Very positive news’ for countries’, global economies says analyst
The U.S. and China announced they'd reached a deal to temporarily cut tariffs in a move that offered a reprieve to global economies.

U.S. suspends Mexican cattle, horse and bison imports over New World screwworm
U.S. Agriculture Secretary Brooke Rollins on Sunday said she is suspending imports of live cattle, horses and bison through the southern U.S. border over the damaging pest New World screwworm, a measure that immediately drew opposition from Mexico.

U.S. grains: Chicago soybeans, corn higher ahead of US-China trade talks
Chicago soybean and corn futures bounced on Friday as traders covered short positions ahead of Saturday's meeting between senior U.S. and Chinese officials and a widely tracked U.S. Department of Agriculture report on Monday, analysts said.

BASF’s agriculture arm eyes seeds and Asia as it prepares for listing
BASF's agriculture unit is aiming to expand in Asia and global seed markets as it prepares for a stock market listing in about two years, a senior executive told Reuters.

China buys Canadian, Australian wheat as heat hits crop, traders say
Chinese buyers bought between 400,000 and 500,000 metric tons of wheat from Australia and Canada in recent weeks, traders said, as heat threatens to damage crops in China's agricultural heartlands.