China Isn't Buying U.S. Soybeans, Yet

December 6, 2018 02:08 PM
 
 

As of Thursday afternoon, China hasn't purchased any U.S. soybeans. That's despite White House officials saying China is already buying U.S. soybeans today.  U.S. Farm Report analysts Craig VanDyke or Top Third and Garrett Toay of AgTraderTalk say if that changes sometime soon, and China starts buying beans, even a small sale could signal an "olive branch" in the talks between the two countries. 

 

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Comments

 
Spell Check

Rick
Jonesboro , AR
12/6/2018 03:46 PM
 

  Yeah, I hate that we've hurt the theiving communists feelings.

 
 
Tom in IN
Indianapolis, IN
12/6/2018 03:36 PM
 

  And, China is not going to buy much, if at all. Right after Tariff Man imposed those Taxes on his own fellow Citizens, China tore up all of the existing purchase contracts and re-let them to Russia and Ukraine, while keeping their existing contracts with Argentina and Brazil. They do not have any further needs, unless there are bad harvests with their NEW Suppliers. Xi may buy some for appearances sake. But, the prices will remain $1.40 below the pre-Tariff highs. Maybe next year? But, once burned, twice wary.

 
 
Rick
Jonesboro, AR
12/7/2018 09:43 AM
 

  Hey PJ, I don't like Nazis. I think that's why I'm not fond of you!

 
 
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