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The article discusses whether U.S. sorghum could benefit from the phase one trade deal, which requires China to buy an additional $32 billion of U.S. agricultural goods in 2020-2021 above the 2017 baseline. It notes that early February brought renewed turmoil in the relationship.
Phase one purchase commitments could lift U.S. sorghum exports to China, but uncertainty about implementation limits the near-term price effect.
midwaycoop.comFeb 5, 2020Not enough comparable past events yet for a historical read.
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.
