Xi-Trump summit may yield farm deal, but China has limited soybean appetite - Reuters
Xi-Trump summit may yield farm deal, but China has limited soybean appetite Reuters
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Notable Quotes
"There’s still some space to strike purchase deals for other major U.S. exports. That could take the form of volume purchase deals for key products like corn and sorghum."
— Even Rogers Pay , Academic
Key People
Brian Sikes is the CEO of Cargill.
Former president of the United States known for his aggressive economic policies.
Director at Beijing-based consultancy Trivium China.
Xi Jinping is the General Secretary of the Communist Party of China and President of China.
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<a href="https://news.google.com/rss/articles/CBMiugFBVV95cUxQMDN4V1U2bGVsb1YwdE05WmFkMTN5YzEydkxJWnp5M1VKbGFYREpxZWtvbU9Pak5lXzJYWjNFZEpvLWJ0bHVwUDN3NVhTUkJsNndhSFJIaEpvdjFFMy1rT29vVTJzMTBBQTdDT0tjXzlydXJiVXFnbmhhZE9TR0ZTaldpeE9UN24yRVpmN0ZBZkRLV0dFM1hxNzFRdDl2QXUyUVBUTXFtRmhINWU2dTZGSGNfaFI0eGRJNEE?oc=5" target="_blank">Xi-Trump summit may yield farm deal, but China has limited soybean appetite</a> <font color="#6f6f6f">Reuters</font>
China and the United States may reach a farm deal at their summit this week that expands Beijing’s purchases of grains and meat, but market watchers do not expect major new soybean purchases beyond what was agreed in a deal last October.
Trade summits usually spark anticipation for big export deals, and the meetings planned for in Beijing this week are no exception. Soybean futures have plenty of upside if China loads up on U.S. soybeans after the get-together Thursday and Friday between Presidents Trump and Xi.
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