Global oilseed market: Limited Chinese procurement, focus on next week's supply and demand report

On Friday (November 7), the January soybean futures on the Chicago Board of Trade (CBOT) closed at $11.17 per bushel, up 0.2% from the previous week; the spot average price of No. 1 soybeans in the U.S. Gulf was $11.8825 per bushel, down 0.3%. December soybean meal closed at $317.1 per short ton, down 1.4%; December soybean oil closed at 49.68 cents per pound, up 2.1%; February rapeseed futures on the Euronext exchange closed at 478.50 euros per ton, down 0.4%; January canola in Canada closed at 640 Canadian dollars per ton, up 0.5%; and the spot FOB price of soybeans from Argentina's Parana River was $431 per ton (including a 33% export tax), down 0.2%. On Friday, the ICE U.S. Dollar Index closed at 99.471 points, down 0.16%. Trade agreement prospects: Hopes and realities clash The core driving force of market sentiment continues to revolve around U.S.-China trade relations. The initial agreement reached last week, in which China committed to purchasing at least 12 million tons ...