Treasury Secretary Steven Mnuchin has resumed discussions with his Chinese counterpart, Vice Premier Liu He, about a deal that would ease trade tension, ahead of a meeting of the leaders of China and the U.S. set for the end of the month reports The Wall Street Journal.
The two discussed trade on Friday over the phone said people briefed on the conversation.
According to Farm Futures, the news gave soybeans a lift overnight, though wheat prices gave back some of Monday’s gains after a strong short-covering rally.
