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Các công ty Trung Quốc nhiều khả năng sẽ vẫn tiếp tục mua đậu tương Mỹ khi mà hai nước gần như chắc chắn sẽ ký kết thỏa thuận thương mại một phần vào đầu tháng 1/2020.
CHINA MIGHT BE INTERESTED IN CORN, WHEAT AND RICE FROM THE UNITED STATES BUT IT HAS A SYSTEM OF TARIFF-RATE QUOTAS THAT LIMIT IMPORTS.
America’s farmers have borne the brunt of China’s retaliation in the trade war that President Donald Trump launched in 2018. China is the biggest buyer of many U.S. agricultural products, such as soybeans, grain sorghum, cotton and cattle hides, which made these products an obvious target for retaliatory tariffs.
SOYBEANS, GRAINS SLIGHTLY LOWER OVERNIGHT; EXPORT INSPECTIONS OF CORN, BEANS LOWER WEEK TO WEEK.
A killing frost can be forecast up to seven days in advance though none is forecast at the present time.
When President Trump meets Prime Minister Shinzo Abe of Japan on Wednesday, it should be a red-letter day for Trump’s policy of bilateral, rather than multi-nation, trade negotiations. The two leaders are expected to approve a deal on agricultural and digital trade. U.S. food and ag exports could rise as a result.
At a farm group rally on Thursday for approval of the United States-Mexico-Canada Agreement, two senior members of the U.S. House said that action on the USMCA would carry benefits in resolving the Sino-U.S. trade war. Ratification of the trade pact, the first submitted to Congress by the Trump administration, would show U.S. commitment to free trade and allow the White House to focus on China, they said.
WEAK CROP CONDITIONS LIMIT PRICE LOSSES.
Grains and soybeans were little changed in overnight trading as investors weigh mixed weather throughout the Midwest and trade uncertainty between the U.S. and China.