# U.S. agriculture wary of Trump's China sales pledge, more meat a must

> Reuters reports U.S. agriculture is wary of China's sales pledge, with Beijing not detailing how it will handle tariffs on soybeans and pork. Trump said some U.S. tariffs will remain while negotiations continue.

- Date: 2019-12-13 · published 2019-12-13T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/55444-u-s-agriculture-wary-of-trump-s-china-sales-pledge-more-meat-a-must
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Remaining tariffs of up to 72% on pork and high duties on soybeans limit U.S. export competitiveness, keeping meat and soy demand uncertain.

## Read by commodity

- SOY: bearish ▼
- HOGS: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-04-04 | [How China will target U.S. agriculture - POLITICO](https://feedsoft.ai/events/65374-how-china-will-target-u-s-agriculture-politico.md) | +1.2% | +0.4% |
| SOY | 2020-01-16 | [What is the toll of trade wars on U.S. agriculture? \| PBS News](https://feedsoft.ai/events/55070-what-is-the-toll-of-trade-wars-on-u-s-agriculture-pbs-news.md) | -2.1% | -3.5% |
| SOY | 2018-06-16 | [China hits U.S. agriculture with retaliation](https://feedsoft.ai/events/64580-china-hits-u-s-agriculture-with-retaliation.md) | -1.2% | -8.4% |
| SOY | 2016-11-18 | [Trump's tough talk on China risks impacting agriculture and food trade](https://feedsoft.ai/events/73818-trump-s-tough-talk-on-china-risks-impacting-agriculture-and-food-trade.md) | +5.7% | +4.8% |
| SOY | 2018-11-30 | [U.S. Ag Sales to China to Fall by 45% in Trade War](https://feedsoft.ai/events/61933-u-s-ag-sales-to-china-to-fall-by-45-in-trade-war.md) | +3.3% | -0.5% |
| LCATTLE | 2018-08-24 | [Beef Market Update: A lot of mouths to feed - RealAgriculture](https://feedsoft.ai/events/63660-beef-market-update-a-lot-of-mouths-to-feed-realagriculture.md) | +0.4% | +2.4% |
| LCATTLE | 2018-03-23 | [U.S. livestock: CME hogs slump again on cash prices, trade war threat - Grainews](https://feedsoft.ai/events/66137-u-s-livestock-cme-hogs-slump-again-on-cash-prices-trade-war-threat-grainews.md) | -2.7% | -2.9% |
| LCATTLE | 2018-06-22 | [China's Retaliation to Trump's Tariffs \| PIIE](https://feedsoft.ai/events/64584-china-s-retaliation-to-trump-s-tariffs-piie.md) | -1.4% | -0.2% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trade-china-agriculture/u-s-agriculture-wary-of-trumps-china-sales-pledge-more-meat-a-must-idUSKBN1YH2I5/

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