Export sales have been somewhat consistent for more than one month and the corn and soybean markets are adjusting. Shipments will be the biggest question moving forward. “You can have all of the export sales you want in the world, but until they’re actually gone from the U.S., there’s a chance of cancellation and that’s a concern we have,” said Kristi Van Ahn, market analyst, Van Ahn and Company. “It wouldn’t be such a concern if it wasn’t ahead of a presidential election. There’s no denying President Trump and China have been at each other’s throats at some point in the last five years. It would be shocking to not see China not take a stance on Trump ahead of the election, cancelling some sales. We’re not seeing that right now and they’re still buying. That’s a good sign.”
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