China is still behind on its phase one trade commitments, but the American Farm Bureau Federation says the country is catching up. In the deal, China agreed to an increase in agriculture purchases by $73.8 billion with nearly half of those purchases happening in 2020 and the rest in 2021. China missed the 2020 target by $6.15 billion and is 22 percent behind in the first four months of 2021, but they continue to buy. In April, China exceeded the amount of import pace needed to comply, importing $2.2 billion worth of U.S. ag commodities. Read more.
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