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Chicago soybean futures dropped on Wednesday as the U.S. Department of Agriculture's data showed rapid planting progress, and demand was slow, according to analysts.

China, Japan and South Korea agreed to jointly respond to U.S. tariffs, a social media account affiliated with Chinese state media said on Monday, an assertion Seoul called "somewhat exaggerated," while Tokyo said there was no such discussion.

Chicago soybean futures fell on Monday as traders awaited updates on possible U.S.-China trade talks amid mounting competition from Brazil, traders said.

Bunge's merger with Glencore-backed Viterra has closed, Glencore confirmed on Wednesday.

China, the world's biggest pork consumer, is no longer a viable market for top U.S. pork processor Smithfield Foods due to retaliatory tariffs by Beijing, company executives said on Tuesday.

Chicago Mercantile Exchange live cattle and feeder cattle futures edged up on Tuesday on stock market gains and strong economic data, traders said.

Chicago Board of Trade wheat futures surged to a two-week high on Tuesday, as a weaker dollar and an unexpected decline in U.S. crop ratings encouraged more short-covering after prices hit a five-year low last week.

Chicago wheat futures eased for a third consecutive session on Thursday as lackluster weekly export sales data as well as strength in the dollar added to doubts over U.S. export prospects, traders said.

The United Nations' world food price index dipped in December against November levels, led lower by a drop in international sugar quotations, but still showed a robust gain year-on-year, data showed on Friday.

There is no more room for growth in Chinese pork consumption in the near future, Zhu Zengyong, a researcher with the state-backed Chinese Academy of Agricultural Sciences said on Monday.