By Francesca Fontana 
 

Grain futures ended mixed Wednesday as trading winds down ahead of the Thanksgiving holiday.

"Things are going to slow down dramatically, and Friday is expected to be a really slow day for volume," said Brian Grossman, market strategist at Zaner Group.

With fewer traders around to respond to the markets and December options closing on Friday, analysts say there is increased potential for volatility on Friday.

Traders will be watching for developments in the U.S.-China conflict ahead of President Trump's meeting with President Xi next week as the markets face growing uncertainty that the two leaders will made a deal during the G-20 summit. Experts also will be monitoring the weather in South America, where China largely has been filling its soybean needs to avoid U.S. markets.

Soybean contracts for January delivery rose 0.2% to $8.83 a bushel, at the Chicago Board of Trade. December corn prices rose 0.1%, and wheat contracts for March delivery fell 0.3%.

Due to the holiday, markets will be closed Thursday and will close at 1 p.m. Eastern time on Friday.

Write to Francesca Fontana at francesca.fontana@wsj.com

(END) Dow Jones Newswires

November 21, 2018 15:26 ET (20:26 GMT)

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