The Chinese soybean purchase is seen as a goodwill gesture while more significant negotiations take place with the United States. “I’m happy about that,” was the reaction from Minnesota Agriculture Commissioner Dave Frederickson. “We’ve been critical of this administration for saying some things that caused this problem; agriculture is collateral damage in this trade war.” Frederickson says Midwest farmers have invested an incredible amount of money to develop markets around the world. The question now is if this buy was a one-time deal or if more sales are on the horizon.
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.