Trade optimism lifts Grain futures on the week, which closed lower on Friday.

Grain futures demonstrated strength throughout the week, though December Corn futures fell 4.75 cents Friday, still ending the week 0.75 cents higher. January Soybeans futures gained 23.5 cents over the week and December Chicago Wheat futures closed 8.75 cents higher for the second consecutive weekly gain. The rally in Soybeans futures was linked to optimism surrounding trade negotiations with China, where soybean purchases will be a key discussion point, creating a binary headline risk. With the US harvest wrapping up, traders are now monitoring South American weather and crop progress as it will have major implications for global supply numbers.