The evolution of last day's prices

Prices of grain and soybeans have risen, especially against the backdrop of US floods and favorable prospects in the US-China trade relationship.
The wheat price for immediate delivery rose 2.1% on Friday.
Prices for grain soybean rose 1.2%.
The price for maize increased by 0.8%.

Factors conducive to rising prices (bullish factors)

Investment funds have significant amounts of short-selling merchandise.
The United States is experiencing heavy flooding in the West and the West, caused by heavy rain and snow caused by a cyclone that hit the areas. This puts pressure on agricultural commodity prices, especially due to planting delays.
Moreover, the bad weather in the USA creates problems not only at spring sowing (already delayed), but also in Gulf cargo stocks, as floods affect the movement of barges. In this context, the price of corn and wheat gains considerable support, which reduces the chances of lowering prices in the next period.
In the trade war between the US and China, there is an agreement in the coming period. This generates optimism in the market, thus increasing the chances of growing prices.
Pig prices have risen amid an upsurge in Chinese demand for pigs and pork of US origin. This creates support for a price increase for both soy bean and soybean meal, as it is a framework that generates optimism about China's demand.

Price-lowering factors (bearish factors)