Posted 5/11/2025 20:38 (#11221457 - in reply to #11220285) Subject: RE: China deal.
SFO - 5/10/2025 20:36
Sounds like the Trump team is getting a deal done with China. That should be a big deal for Agriculture.
Idk what to think. A guy that follows this stuff closely has talking for months about how the ships are stacked up outside Chinese ports. A couple weeks ago he mentioned that the ships were moving again but said they appeared to be heading back into port to unload. And now he says they are beginning to anchor up again outside the Chinese ports again. His theory is that the ships had been out on hold because of the tariffs and it became cheaper to offload the cargo back into the warehouses vs paying for them to be stored on the ship. IDK if he's right or wrong but if that is the case, it's very unlikely that an agreement is close otherwise they wouldn't do that.
China deal.
