Soybean Prices Climb Amid Trade Tension Hopes

SINGAPORE: Soybean futures in Chicago experienced a slight increase on Friday. The market is poised to conclude the week with gains, buoyed by expectations of stronger demand and indications from U.S. officials suggesting a possible easing of trade friction with China, which has bolstered prices.

Wheat prices saw a marginal rise, although predictions of more favorable weather conditions in the U.S. Plains region tempered price increases. Corn prices remained largely stable.