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Agriculture Secretary Tom Vilsack said at a National Press Club event that the U.S. will hold China and Mexico to their trade commitments and pursue more export markets. He flagged possible additional Chinese purchases of biofuels, dry distillers grains and dairy, and said he will focus on China's Phase One obligations.
Signals of enforced Chinese purchase commitments and potential DDGS demand support feed-ingredient prices, though no concrete new purchase was announced.
feedstuffs.comJacqui FatkaMar 26, 2021Not enough comparable past events yet for a historical read.
After 439 past neutral policy events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
