Soybeans and wheat poised for weekly gains as China demand eyed
US soybean futures fell on Friday but were headed for a weekly gain, with attention on Chinese demand ahead of the Trump–Xi meeting and support from stronger soymeal prices. Wheat was set for a small weekly rise as traders weighed shipment risks.
US soybean futures edged lower on Friday but were still set for a weekly gain, with Chinese demand in focus ahead of next week’s meeting between Presidents Donald Trump and Xi Jinping and amid support from stronger soymeal prices. Wheat was also on track for a modest weekly rise as traders weighed shipment risks in the Black Sea region.