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The American Farm Bureau Federation reports that the second round of Market Facilitation Program payments has reached nearly $11 billion as of Jan. 6, 2020.
The third tranche was expected to depend on whether China resumed normal purchases of U.S. farm goods. U.S. export sales to China still lag pre-tariff levels, and China's $40-50 billion purchase commitment remains uncertain.
If China's purchases stay below normal, the final MFP tranche supports farm income without lifting export demand. Lagging Chinese buying keeps U.S. soybean and grain export prices under pressure.
fb.orgJohn Newton, Ph.D.9 ene 2020Tras 250 eventos neutral de comercio pasados, Soja se movió una mediana de +0,0 % en 5 sesiones (50% al alza; mitad central entre -1,4 % y +1,6 %), y -0,2 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
