Grain Markets “Calm Down” After Big Gains Friday Amid Trade News

01:39PM Sep 16, 2019
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The grain markets are calming down after seeing big gains in the green on Friday.

USDA announced a flash sale of 204,000 metric tons of soybeans on Friday. It follows reports the country bought at least 10 cargoes of U.S. beans.

That's after a Chinese state news agency said Beijing would exempt U.S. soybeans and pork from additional tariffs ahead of the next round of trade negotiations. President Trump last week postponed an increase in tariffs on Chinese imports.

China Exempts Soybean and Pork Taiwan Trade Deal 091619