The U.S. and China have reached a "substantial phase one deal" according to President Trump. The deal could be signed as early as next month. 

Meanwhile grains were on the rise as traders are watching cold temperatures and snow enter portions of the Corn Belt and surrounding areas. “Farmers scramble to get the soybean crop out of the fields ahead of this week’s winter blast,” Ami L. Heesch of CHS Hedging said.