Grain prices jumped after top leaders of China and the US held a call, signaling easing tensions between the two superpowers and raising hopes that the Asian nation may lower tariffs on American agricultural products.
US President Donald Trump and Chinese President Xi Jinping agreed on Thursday to further trade talks to resolve disputes over tariffs, in the latest development in the ongoing trade war between the world’s two largest economies.
Most-active futures of soybeans, corn, and wheat on the Chicago Board of Trade rose on optimism that China will buy more US commodities. However, gains were ...
