Grain futures rise as signs show the US government shutdown may soon end.
On Monday, Chicago grain futures prices rose as people anticipated that the US might reach a compromise to end the longest government shutdown in history, thereby restoring access to agricultural data. Soybean contracts for delivery in January led the upward trend, with a 0.7% increase, while wheat and corn prices also rose. As signs that the 40-day shutdown may be coming to an end appeared, US stock futures prices also rose. Grain traders typically rely on reports from the US Department of Agriculture to make decisions, including the highly anticipated "World Agricultural Supply and Demand Estimates". However, since the government shutdown began in October, data from the US Department of Agriculture has been limited.
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