Trump-Xi Meeting Sparks Rally in Soybean and Corn Prices

Soybeans and corn prices are rising ahead of a meeting between US President Donald Trump and Chinese leader Xi Jinping this week.

The meeting, which is expected to focus on trade agreements, has raised hopes for a breakthrough in the ongoing trade tensions between the two countries.

Soybean futures have risen 1.5% to $9.21 per bushel, while corn prices have increased by 1.2% to $3.72 per bushel, according to data from Fusion Media.