Articles tagged under: trade
Market Analysts Cautious on Phase One Announcement
Published December 31, 2019
Allendale Chief Strategist Rich Nelson expects traders to remain very cautious of the China trade agreement until they see actual sales. "We're all playing with some numbers on this Chinese trade deal. The impact, if it's fully implementing, would be…China Plans Tariff Reductions for January 1
Published December 24, 2019
As of January 1, China plans to reduce tariffs on more than 850 foreign products including frozen pork. The Chinese Finance Ministry says the cuts mainly apply to products in short supply and to foreign products for daily use. Food…Grain Trade Digests More Details on China Trade Deal
Published December 20, 2019
Lakefront Futures market analyst Darin Fessler says traders digested a report from a Chinese consultant that says China would have no problem meeting $40 billion in U.S. goods. "I didn't see anything from the ethanol side. The biggest one is…From USMCA to the China Trade Deal
Published December 20, 2019
House Agriculture Committee Chairman Collin Peterson is pleased to have the U.S.-Mexico-Canada Agreement near the finish line. With the House vote done, Peterson said "we can work on getting this China mess straightened out; that's another can of worms, but…House Approves USMCA
Published December 20, 2019
House lawmakers approved the U.S.-Mexico-Canada Agreement implementing legislation on Thursday on a vote of 385-to-41. In a press conference ahead of the vote, House Speaker Nancy Pelosi said the enforcement piece of the agreement is important. "We've made giant progress over…NDFU Adopts Two Special Orders of Business
Published December 16, 2019
Two special orders of business have been adopted by North Dakota Farmers Union members. The first calls on Congress and the Administration to ensure future ad hoc payments and account for the impacts of trade wars on all commodities, as…NDSU Ag Economist: Be Patient with the Markets
Published December 16, 2019
A phase one trade agreement between the U.S. and China does change the market mentality. However, NDSU Extension crops economist Frayne Olson says prices won't change dramatically overnight. "What I likely see happening is a slow uptrend in prices. There…Trade Talks Fill The Hallways at NDFU Convention
Published December 16, 2019
The talk of trade was buzzing in the hallways as members gathered for the annual North Dakota Farmers Union Convention. NDFU President Mark Watne says the trade dispute has been a hit to agriculture. "It will take some time to…Waiting for More Phase One Trade Details
Published December 13, 2019
Traders continue to wait for details on the phase one trade deal with China. S&W Trading President Andy Shissler expects trader remain very cautious. "Just because we have a deal formalized and President Trump has signed off on it, China…