Soybeans and Corn futures traded in channels; Wheat rallied.

In today's grain market, Soybean futures were higher following China's suspension of retaliatory tariffs, which provided a boost to the market. January Soybean futures were up $0.13 to $10.34.5, and volatility is currently at 17.7%. Both soybean oil and soybean meal volatilities are stuck at 24%. Corn futures firmed up on private estimates with a somewhat bullish tone, but the market is expected to remain in a two-week channel ahead of the USDA report on November 14th. December Corn futures were up four and a quarter cents to $4.35.75. Wheat futures rose on Chinese interest in buying US supplies, underpinning a recent four-day rally. December Wheat futures were up four and three quarter cents to $5.55, a $0.63 increase since October 14th.