Commodity markets were watching the progress toward a U.S.-China trade deal. “Soybean and most commodity prices are on hold until more is known about U.S. and China trade deal,” Steve Freed, VP of Grain Research for ADM Investor Services, said. “There remains hope that eventually a deal can be reached.”

Traders are hopeful to get more market information next week. “Avoiding the shutdown could suggest USDA will have the Annual Outlook Conference next week,” Freed said. “Some hope that their estimate of U.S. 2019/20 supply and demand will give market some new price direction.”