# Soybeans rebound on U.S.-China trade hopes, wheat eases | Reuters

> Chicago soybean futures rebounded on Friday after a prior session's losses, as traders hoped for a US-China trade deal. The most-active contract rose 0.7% to $9.22 a bushel but was still on track for a weekly decline.

- Date: 2019-02-01 · published 2019-02-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60617-soybeans-rebound-on-u-s-china-trade-hopes-wheat-eases-reuters
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Trade-deal hopes support soybean prices, but the market remains pressured by ample supplies, so buyers should expect choppy moves tied to headlines.

## Read by commodity

- SOY: bullish ▲
- WHEAT: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/world/us/soybeans-rebound-on-us-china-trade-hopes-wheat-eases-idUSL3N1ZW1OO/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.