Chicago grains and soybeans firmed on Friday as expectations improved for U.S.-China trade relations after leaders of the two countries spoke and agreed to further discussions.

Prices may not go much lower given the commodities have hit contract lows, says analyst
CBOT fund traders were liquidating some large net long positions in soybeans
Ending stocks of wheat projected to drop as drought hits Kansas winter wheat
U.S. debt ceiling negotiations affected crude oil prices, agricultural commodities mostly immune