GRAINS-Soybeans turn up after Trump comments on China and trade

(Updates with closing prices) By Julie Ingwersen CHICAGO, Nov 16 (Reuters) - U.S. soybean futures ended higher on Friday after rebounding on President Donald Trump's comments that his administration may not have to impose further tariffs on China, the world's biggest soybean buyer. Wheat added to early advances and corn pared losses after the comments. Trump has imposed tariffs on $250 billion of Chinese imports to force concessions from Beijing on a list of demands that would change the terms of trade between the two countries. China

UPDATE 1-USDA terminates Chinese-owned Smithfield farm aid contract

(Add quote and detail from USDA, adds background)

By Humeyra Pamuk

WASHINGTON, Nov 16 (Reuters) - The U.S. Department of Agriculture terminated a $240,000 purchase contract with Chinese-owned Smithfield Foods that had been awarded under the Trump administration's agricultural trade bailout program, a move taken at the company's request, a department spokesman told Reuters on Friday.

GRAINS-Soybeans turn up after Trump comments on China and trade

(New throughout; updates prices, adds quotes, changes byline, dateline, previous PARIS/MANILA) By Julie Ingwersen CHICAGO, Nov 16 (Reuters) - U.S. soybean futures turned higher Friday after President Donald Trump said China had sent a list of things it was willing to do to resolve trade tensions with the United States and his administration may not have to impose further tariffs. Wheat added to early advances and corn pared losses after the comments. Trump has imposed tariffs on $250 billion of Chinese imports to force concessions from Beijing on a list of demands that

USDA says terminates Smithfield Foods $240,000 contract under farm aid program

WASHINGTON, Nov 16 (Reuters) - A $240,000 contract awarded to Chinese-owned Smithfield Foods under the U.S. government's $12 billion trade mitigation program for farmers was terminated by the U.S. Department of Agriculture at the company's request, the USDA said on Friday.

The move comes weeks after powerful Republican Senator Chuck Grassley from Iowa had slammed Smithfield Foods for receiving what he said was aid from the USDA that was designed to help farmers hurt by China's trade tariffs.

EU states offer Britain "ambitious" ties after Brexit, but no frictionless trade

By Jan Strupczewski and Francesco Guarascio

BRUSSELS, Nov 16 (Reuters) - European Union states said on Friday that they wanted an "ambitious" future relationship with Britain but that this would not mean frictionless trade, as they met to prepare a text by Nov 25 to accompany the draft Brexit deal.

In London, Prime Minister Theresa May was fighting to save the withdrawal agreement she agreed on with the EU earlier this week, after resignations in her cabinet and with a potential challenge to her Tory party leadership hanging over her.

Germany/Futtermittel - Feeds prices - NOV 16, 2018

German Grain Cash Prices Nov 16 Lowest known bids in EUR/t, delivered. At local time 11:30 GMT. Barley, min 62-63 kg/hl Hamburg,Eur/t,Delivered bid offers change Delivered Hamburg Nov 18 205,00 210,00 -2.00 Delivered Hamburg Dec 18 205,00 210,00 -2.00 Ex Store Saxony Thüringen Nov 18 190,00 195,00 -2.00 Wheat, A-quality, 13 % min Protein, Hagberg 275 Hamburg,Eur/t,Delivered bid offers change

FACTBOX-Where the EU has made concessions in Brexit talks

By Gabriela Baczynska

BRUSSELS, Nov 16 (Reuters) - While some of Prime Minister Theresa May's critics have denounced her draft Brexit deal with the European Union as betrayal of Britain's interests, the European Union has also given ground in the unprecedented negotiations.

Several of the 27 member states that will remain in the EU after Brexit are uneasy that some concessions offered to Britain may be going too far. Here are examples:

ALL-UK CUSTOMS UNION UNDER IRISH BACKSTOP

REFILE-UPDATE 3-New blow to China as African swine fever found in wild boar

(Refiles to fix spellings of Baishan, Jilin and Chengdu in paras 3, 8, 17)

* New case highlights challenge to control spread

* Suggests origin of virus could also be wild boar

* China's top pig producing region reports first case

* Province issued ban on pig imports last week

By Hallie Gu and Dominique Patton

Pages