ehoff - 1/17/2021 08:55
Th timing turned out convenient for President Trump during the tariff battle and subsequent negotiations. He had them he knew it and he played his cards masterfully. He never flinched as the Chinese walked away from negotiations several times. President Trump stood fast on his position and the Chinese came to him. Now we have beans in the teens.
In saying that high grain prices will eventually bring much lower grain prices as the world begins to ramp production and eventually outproduce the increased Chinese demand over time.
+1 |