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China starting to show a little bend in the knee.
Posted on 8/7/18 at 7:45 pm
Posted on 8/7/18 at 7:45 pm
China may have to resume U.S. soybean purchases in weeks: Oil World
Uh oh. China showing the first signs of cracking.
quote:
HAMBURG (Reuters) - China may have to start buying U.S. soybeans again in coming weeks despite the trade war between the two countries as other regions cannot supply enough soybeans to meet China’s needs, Hamburg-based oilseeds analysts Oil World said on Tuesday.
In July, China imposed import tariffs on a list of U.S. goods, including soybeans, as part of the trade dispute with the United States. China is the world’s largest soybean importer and has been seeking alternative supplies, especially in South America, where supplies available for export are down.
“China has to resume purchases of U.S. soybeans,” Oil World said in its latest newsletter. “The South American supply shortage will make it necessary for China, in our opinion, to import 15 million tonnes of U.S. soybeans in October 2018/March 2019, even if the current trade war is not resolved.”
Chinese purchases of U.S. soybeans could re-start “in coming weeks,” Oil World added.
Uh oh. China showing the first signs of cracking.
Posted on 8/7/18 at 7:46 pm to GumboPot
Ib Freeman will have a heart attack.
Posted on 8/7/18 at 7:47 pm to Northwestern tiger
quote:
Ib Freeman will have a heart attack
Came to post this almost verbatim.
Posted on 8/7/18 at 10:01 pm to GumboPot
Posted on 8/7/18 at 10:04 pm to 1897
Don’t give in, they will end up paying a pretty penny for pork belly
Posted on 8/8/18 at 7:16 am to 1897
quote:
one of my first posts on this board
You nailed it.
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