Soybeans and corn again remained virtually unchanged in price amid continuing uncertainty regarding US-China trade negotiations.

Bloomberg said Wednesday that President Donald Trump and Xi Jinping's scheduled meeting may not take place this month. Trump said he was in no hurry to enter into a trade agreement with China, saying there would be no deal unless it provided for intellectual property protection, which was subject of dispute in the negotiations.

Over the past few months, negotiators from the two largest economies in the world have met several times, trying to cancel the preferential tariffs that they imposed on each other. The March 1 deadline set by the White House has come and gone without an agreement, and now it looks like negotiations can drag on indefinitely.

March shipments of soybeans fell 1 ¼ to $ 8.99 per bushel per night. Soybean meal rose 50 cents to $ 305.20 per tonne, while soybean oil fell 0.19 cents to 29.74 pounds. In March, Chicago corn supplies rose $ 3.66 a bushel. Wheat prices for delivery March rose 3½ to $ 4.50 a bushel, while Kansas City futures rose 3 ¾ to $ 4.39 a bushel.