# Vilsack discusses complexity of Chinese ag trade relationship

> 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.

- Date: 2021-03-26 · published 2021-03-26T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/47969-vilsack-discusses-complexity-of-chinese-ag-trade-relationship
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Signals of enforced Chinese purchase commitments and potential DDGS demand support feed-ingredient prices, though no concrete new purchase was announced.

## Read by commodity

- CORN: neutral
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-06-16 | [Farm groups urge preservation of China trade deal \| 2020-06-15  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/52468-farm-groups-urge-preservation-of-china-trade-deal-2020-06-15-agri-pulse.md) | -0.0% | +0.5% |
| CORN | 2020-01-27 | [Chinese Grain Trade Waiting on Official Rules, Guidance on How to Implement Trade Deal](https://feedsoft.ai/events/54946-chinese-grain-trade-waiting-on-official-rules-guidance-on-how-to-implement.md) | -1.2% | -1.8% |
| CORN | 2017-02-16 | [China watchers: U.S. trade relations need to improve, but warn Trump to move cautiously \| 2017-02-16 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/72357-china-watchers-u-s-trade-relations-need-to-improve-but-warn-trump-to-move.md) | -0.3% | -1.5% |
| CORN | 2018-07-27 | [Potential WTO Implications of USDA’s Proposed Response to Trade-Retaliation - EveryCRSReport.com](https://feedsoft.ai/events/64015-potential-wto-implications-of-usda-s-proposed-response-to-trade-retaliation.md) | +0.9% | -1.9% |
| CORN | 2022-04-07 | [USDA Secretary Vilsack makes trip to Mexico. Also talks CRP \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/41807-usda-secretary-vilsack-makes-trip-to-mexico-also-talks-crp-iowa-agribusiness.md) | -1.1% | -5.5% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/market-news/vilsack-discusses-complexity-of-chinese-ag-trade-relationship

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.