OPTIMISM ABOUT RESOLUTION OF TRADE TENSIONS DRIVES WORLD OILSEED PRICES HIGHER

Soybean futures continued to rally on Friday, supported by optimism about a potential resolution to trade tensions between the United States and China. The buying drove the nearby contract almost one percent higher but gains in deferred contracts were smaller with the November 2019 contract up just a little more than 3/4 percent. For the week, the March contract…