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Grain Futures Rise on Trump-Xi Summit Optimism

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Wheat Corn
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Grain futures started the week on an optimistic note ahead of the Trump-Xi summit meeting.

Soybean meal was a standout performer, supporting soybeans as western Corn Belt processors scrambled for supply due to wet weather and harvest delays.

Wheat prices came under pressure following renewed hopes for Russia-Ukraine peace efforts, while wetter weather in the Plains boosted planting activity.

Corn futures faced harvest pressure, and the lack of fresh news from the Trump-Xi meeting disappointed grain bulls as the week ended.

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