CBOT soyabean futures rise

Positioning ahead of year-end holidays lifted Chicago Board of Trade soyabean futures on Friday, traders said. Traders continued to doubt the potential for Chinese demand to meet a US goal for $40 billion to $50 billion over the next two years.

But China will make good on a pledge to purchase more than $40 billion of US agricultural products under the so-called Phase 1 trade deal between the two countries, China's top agriculture consultancy said.

US President Donald Trump spoke with Chinese President Xi Jinping and claimed progress on trade, but China said Xi accused the United States of interfering in its internal affairs.