Back from politics to economics: global grain benchmarks gain on week, lose on the day

06.01.2020

Chicago soybean futures ticked lower on Friday although the market was poised for a fifth consecutive weekly gain, underpinned by expectations of higher Chinese demand.

Wheat retreated as traders booked profit after a sharp rise in recent weeks on declining conditions of the U.S. winter crop.

The Chicago Board of Trade's most-active...