ADM Investor Services said, Mixed trade overnight as Ag markets remain abuzz from yesterday’s social media post from Pres Trump suggesting that after his phone conversation with Chinese leader Xi that China would consider upping their 25/26 MY US soybean purchases to 20 mmt from the current 12 mmt. He also reminded they are on the hook for 25 mmt for the 26/27 MY which current sit at zero. Cash markets are doing what they can to prevent additional Chinese purchases with spot US Gulf offers rising $.15 bu. while Brazil FOB offers falling $.20 bu. taking their differential out to $1.10 per bu. For non-Govt owned trading houses the differential is even wider when you consider China’s 10% reciprocal tariff on US imports. Current pricing dynamics will shift all non-Chinese buyers to cheaper SA supplies. A lot building up to Pres. Trump’s visit to China in April.”