Soybean Futures Drop on Disappointing Trade TalksSoybean futures were lower overnight amid disappointing talks between the presidents of the U.S. and China on Friday. Speculators were net-long, or bet on higher prices, by 188 futures contracts in soybeans in the seven days that ended Sept. 16, the agency said. Investors held a net-short position of 81,497 futures contracts in corn, down from 99,593 contracts a week earlier, the least bearish speculators have been since May 13, CFTC data show. In wheat, money managers were short 85,799 soft-red winter futures, down from 93,287 contracts the previous week. A net-long position indicates more traders are betting on higher prices, while a net-short position means more are betting futures will decline.