Trump and China

[seldomseen]

https://twitter.com/jenniferjjacobs/status/1069051814773952512?s=21

This should help soybean price and hopefully canola!

[shtferbrains]

This will be inaresting.

China likes to come in under the radar after running the price down before making big purchases.

No mention of ag products in thier news release;

“China is willing to increase imports in accordance with the needs of its domestic market and the people’s needs, including marketable products from the United States, to gradually ease the imbalance in two-way trade.”

Hopefully good for all Ag including livestock.

Been talked about for some time now so they will have a plan.

[Oliver88]

Tonight the soybeans futures will be up significantly if this was a large purchase.

[bucket]

The interesting part of the US agricultural marketing is that those sales will not go unnoticed or unreported...

Maybe china will will come to Canada to buy under the radar....Might explain the 2.5mmt of vessel space at the west coast...

[errolanderson]

Growers . . . The G-20 meeting knee-jerk higher futures reaction may offer an excellent cash pricing and/or put option purchase opportunity over the next few days. Keep close to your buyers/brokers.

Agressive fund buying is likely a futures price spark straight ahead. Once economic reality again sets in, the hangover begins (IMO).

Ahoy volatilty . . . .

[macdon02]

Growers . . . The G-20 meeting knee-jerk higher futures reaction may offer an excellent cash pricing and/or put option purchase opportunity over the next few days. Keep close to your buyers/brokers.

Agressive fund buying is likely a futures price spark straight ahead. Once economic reality again sets in, the hangover begins (IMO).

Ahoy volatilty . . . .

Dow +410~ Boom!

[bucket]

Markets don't make money without volatility...??????

[HappyFarmer]

Growers . . . The G-20 meeting knee-jerk higher futures reaction may offer an excellent cash pricing and/or put option purchase opportunity over the next few days. Keep close to your buyers/brokers.

Agressive fund buying is likely a futures price spark straight ahead. Once economic reality again sets in, the hangover begins (IMO).

Ahoy volatilty . . . .

Agreed.

Volatily is key.

Likely to be a good week to have some sell orders in.

I have big doubts this will be a sustained rally.

I see market running up for a few days until the market realizes they really have no clear evidence that we are gonna chip away at a 950 million bushel carryout.

[errolanderson]

China remains dead-silent since the G-20.

Don't expect the Chinese strategy to change as it has been quite effective. G-20 appears to just offered a 90 day truce and then the trade war rages on (IMO). Dig-in, there is no easy fix.