An announcement overnight from President Trump is moving the agricultural commodities.
In a post to Truth Social, he says, “China is worried about its shortage of soybeans. Our great farmers produce the most robust soybeans. I hope China will quickly quadruple its soybean orders. This is also a way of substantially reducing China’s trade deficit with the USA. Rapid service will be provided. Thank you, President XI.”
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Dr. Jim Mintert of Purdue University spoke with RFD-TV’s Suzanne Alexander about contributing factors, producer opinions on trade policy, and the reading’s big takeaways.