China
Farmers interested potential premiums from high oleic soybeans now have full Chinese import approval for one product.
Arlan Suderman said the recent twist in trade talks with China goes back to a 1985 document where the U.S. government commissioned a study on how to negotiate with China.
Soybean futures fell to the lowest level in a decade as an escalating trade war between the U.S. and China dims hopes that the Asian nation will resume purchases of American beans to ease supply gluts.
Chinese officials are considering purchasing as much as 7 million tons of U.S. wheat depending on the progress of trade talks, according to people with knowledge of the matter.
China’s wall of cotton is coming down.
China is hoarding a record amount of cotton, increasing the risk of a supply surge that would tip prices into a bear market.
One of the biggest surprises in the USDA World Agriculture Supply and Demand Estimates report came in the adjustments to Chinese corn stocks.
As is so often the case, technical action (price changes) can predict fundamental changes in price direction market, and often does sometimes weeks in advance.
Earlier this year, China announced they would require ethanol blends in all fuel by 2020. This announcement gave U.S. corn producers hope that this could bump corn prices in the coming years in preparation.
Syngenta merger means Chinese may own seeds they rejected.