Friday 19th April 2024

Corn and soybean markets are trending higher on the news of China planning to accelerate purchases under the phase one trade deal. 

Secretary of State Mike Pompeo and China’s top foreign

policy person have been talking at meetings in Hawaii this week.  Pompeo

tweeted Thursday that Chinese officials recommitted

to honoring the obligations of the phase one trade deal.

Bloomberg reports Chinese importers increased U.S. soybean

purchases after Beijing wanted to stop U.S.