Grains and Energy Futures Rally as Xi Visit Looms

Grain and livestock futures have shown an upward trend in the market as of September 20, 2026. December corn prices increased by 3 1/4 cents, while November soybeans rose by 10 cents. The wheat market also saw gains, with December KC wheat up 4 3/4 cents, December Chicago wheat up 5 1/4 cents, and December MIAX Minneapolis wheat up 1 1/4 cents.

The U.S. Dollar Index is up 0.07, while December gold prices decreased by $17.70. November crude oil declined by $0.27, and Dow Jones futures rose by 108 points. Market participants are anticipating a heightened degree of volatility surrounding President Xi's visit to Washington, D.C., on Thursday.

The recent attacks against energy infrastructure in the Black Sea have likely contributed to the increase in energy futures prices. The upcoming trade will focus on China's President Xi's visit to the United States and its potential impact on the market.