Soybeans are slipping back lower on Wednesday morning after gains on Tuesday, with soybean prices up by 8 to 9 cents. China rumored to purchase at least 180,000 MT of soybeans ahead of Trump/Xi meeting. Trade expects soybean harvest to be near 84% as of 10/26, with Brazil soybean exports at 7 MMT in October. Nov 25 soybeans closed at $10.78 1/4, up 11 cents. Nearby cash was $10.10 1/2, up 11 3/4 cents. Jan 26 soybeans closed at $10.95 1/4, up 10 1/4 cents. Mar 26 soybeans closed at $11.06 3/4, up 11 1/4 cents.

Read more at Yahoo Finance: Soybeans Seeing Some Sell the Fact Action on Chinese Buying Rumors