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Zero Hedge 07/03/2020 16:45
China Buys US Corn, Soybean; Trade Deal Commitments Far From Satisfied. Fri, 07/03/2020 - 16:45. Around the same time President Trump and National Economic Council director Larry Kudlow were pumping jobs, stocks, and the V-shaped recovery on national television on Thursday morning - quoted a U.S. Agriculture Department (USDA) report that said China booked its first U.S. sales of corn and soybean since it asked suppliers (nine days ago) to guarantee shipments were not contaminated with COVID-19. Readers may recall, from day one of the trade deal being signed - we outlined how the number of proposed agricultural goods exported to China under the agreement was . China's purchases of US farm goods since the trade deal was signed in mid-January ha.
Brownfield Network 07/02/2020 15:51
Soybeans were modestly lower on profit taking and technical selling, still posting solid week to week gains. Old crop exports were a marketing year low, but strong new crop demand is supportive, which China buying 126,000 tons of 2020/21 Thursday morning and weekly sales of 30.9 million bushels. Still, Chinese demand remains slow because of political tensions and shipments will need to catch up to meet USDA estimates for 2019/20. Losses were limited by near-term weather concerns for some key U.S.

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