Soybeans close higher with weekly gains

Agricultural commodities rose on Friday as the dollar tumbled against a basket of major rivals, pushing them to weekly profits. 

Soybeans received support from strong demand in China, the world's largest commodity importer. 

US government said soybean sales in the week ending October 27 reached 830.2 thousand tones, while corn sales met expectations at 372.2 thousand tones. 

Uncertainty continues to haunt the market about the deal to ship grains safely through the Black Sea, and about drought in Australia. 

The dollar index fell 1.7% as of 18:29 GMT to 111.05, with a session-high at 112.9, and a low at 110.9.

Corn

Corn futures due in December rose 0.1% to $6.81 a bushel. 

Soybeans 

Soybean futures due in November rose 1.8% to $14.62 a bushel with a 4% weekly profit. 

Wheat

Wheat futures due in December rose 0.8% to $8.47 a bushel.