FYI: Soybean futures jumped to the highest in more than three months, while corn extended gains, on news that the U.S. and China reached a partial agreement in the trade war that could lay the groundwork for a broader deal.
China would agree to some agriculture concessions as part of the deal while the U.S. would offer tariff relief, Bloomberg reported Friday. China already had offered to boost purchases of U.S. agriculture products such as soybeans and corn. Hog, cotton and ethanol futures also gained in Chicago.
Regards,
Ted
https://www.bloomberg.com//news/articles/2019-10-11/crop-markets-surge-on-news-of-a-partial-u-s-china-trade-deal?srnd=markets-vp
