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Where are the 7 mmts of wheat that China promised to buy?
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JonSCKs
Posted 2/17/2019 04:43 (#7325769)
Subject: Where are the 7 mmts of wheat that China promised to buy?


Reports are that trade talks will continue between the US and China this week (Feb 17th ) in the US..

https://www.scmp.com/economy/china-economy/article/2186338/china-and...

“China and the United States have agreed to continue talks in Washington next week after two days of negotiations in Beijing produced “progress”, but not enough to finalise a deal to end the trade war.

Chinese President Xi Jinping on Friday urged for a mutually beneficial deal in next week’s talks, while seated at the head of a long table of Chinese and American negotiators including US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin. ( and former governor of Iowa.. now current US ambassador to China.. Terry Branstad )

“I hope you can make persistent efforts to push forward an agreement that can benefit both sides,” Xi was quoted as saying by Chinese state broadcaster CCTV. “We all think that in terms of maintaining the prosperity and stability of the world, as well as promoting global economic prosperity and development, our two countries share broad mutual interest.”

I see where the Chinese have booked and are shipping the 3 mmts of soybeans agreed to in December..

https://www.reuters.com/article/us-usa-trade-china-soybeans-idUSKBN1...

CHICAGO (Reuters) - China on Wednesday made its first major purchases of U.S. soybeans since President Donald Trump and his Chinese counterpart Xi Jinping struck a trade war truce earlier this month, providing some relief to U.S. farmers who have struggled to find buyers for their record-large harvest.
..

The trader said China was seeking to buy a total of 2.5 million to 3 million tonnes of U.S. soybeans.
..

And here they are shipping that..

https://www.ams.usda.gov/mnreports/wa_gr101.txt

Now where is the 7 mmts of wheat they promised to buy?

https://www.bloomberg.com/opinion/articles/2019-01-23/trade-war-cont...

“If you’re looking for a glimmer of hope that China’s trade talks with the U.S. are still on track, how about this: The country is considering buying as much as 7 million metric tons of American wheat, people with knowledge of the matter told Bloomberg News. That follows a report in December that it may buy up to 3 million tons of corn from the U.S., too.”

???

Shouldn’t they make good on that before we continue talks?

???



Edited by JonSCKs 2/17/2019 05:16
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