It may be after the 2020 elections before the trade skirmish with China is resolved. “No doubt; China didn’t get to where they are without being a hardliner, said Kristi Van Ahn of Van Ahn and Company. “They will push it out to see if they have the ability to work with someone else because President Trump has been such a hardliner.” Van Ahn cited a full-page ad placed by the Chinese ahead of the mid-term elections in the Des Moines Register about the Administration’s trade policy. In addition to Chinese demand, the supply issue was discussed during the RRFN Market Outlook forum Wednesday at the Big Iron Farm Show. “What we’re really down to what comes out of the combine,” said Don Roose, president, U.S. Commodities. “Early yields out of Illinois have been disappointing” Ray Grabanski, president, Progressive Ag Marketing, agreed saying the harvest will tell the true story. “When they take their combines out for harvest; that’s the truth serum for all this talk about yield because what is in the hopper that matters.”
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