1st Steps to Trade Deal? China to Buy $40-$50 Bln in U.S. Farm Goods Oct 14, 2019

🕔Oct 14, 2019William Mauldin, Chao Deng and Vivian Salama reported in Saturday’s Wall Street Journal that, “The U.S. and China took an initial step to cement a trade agreement that had been derailed, with Washington saying on Friday it […]

Global Markets – Rice – Philippines Nearly Ties with China as Top Global Importer Oct 11, 2019

🕔Oct 11, 2019In just a few years, the Philippines has emerged as one of the top global importers of rice, nearly on par with China. The Philippines rice imports have nearly quadrupled, […]

Global Markets – Cotton – China’s State Reserve Stocks Forecast at 8-Year Low Oct 11, 2019

🕔Oct 11, 2019Following annual auctions of the world’s largest cotton reserves in the years starting after 2013/14, USDA now estimates that China’s State Reserve has reached the government’s preferred level. 1 State […]

Ag Trade: China Offers to Increase Purchases as Talks Set to Resume Oct 10, 2019

🕔Oct 10, 2019Tom Mitchell reported on Wednesday at The Financial Times Online that, “Chinese officials are offering to increase purchases of US agricultural products as they seek an interim agreement between Beijing and Washington that will stave […]

Chinese Purchases of U.S. Soybeans Continue, Range of Topics in Trade Talks Narrows Oct 8, 2019

🕔Oct 8, 2019Bloomberg News reported last week that, “Chinese companies bought U.S. soybeans after the Xi Jinping administration issued more waivers from its retaliatory import tariffs, according to people familiar with the situation. […]

Farmer Sentiment on Current Conditions Slips in Sept. – Ag Barometer Oct 1, 2019

🕔Oct 1, 2019The Ag Economy Barometer dipped slightly in September to a reading of 121, down just 3 points from August, when the index stood at 124. Although the barometer’s decline was small, there […]

Ag Trade: China Buys U.S. Soybeans, Explores Soymeal from South America Sep 30, 2019

🕔Sep 30, 2019Reuters writer Karl Plume reported last week that, “Chinese importers bought about 10 boatloads of U.S. soybeans on [Sept. 23rd] following deputy-level trade talks in Washington [Sept. 19th – 20th] that were overshadowed by the […]

U.S., Japan Sign Partial Trade Agreement, Lower Ag Tariffs Sep 26, 2019

🕔Sep 26, 2019Wall Street Journal writers Vivian Salama and Josh Zumbrun reported yesterday that, “President Trump and Japan’s Prime Minister Shinzo Abe signed a trade-enhancement agreement that will lower agricultural tariffs in Japan, industrial tariffs in the […]

Ag Trade: Trump Uninterested in “Partial” Deal, Chinese Cancel U.S. Farm Visit Sep 23, 2019

🕔Sep 23, 2019Wall Street Journal writer Vivian Salama reported last week that, “President Trump said China has started to buy U.S. agricultural products, and signaled optimism that his administration will be able to sign a […]

Trade-Aid Payments Hinge On Budget Resolution – DTN Sep 19, 2019

🕔Sep 19, 2019Farmers should not expect any delays in USDA programs such as the trade-aid payments coming from Commodity Credit Corporation funds, the chairman of the House Agriculture Committee told DTN on […]

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