| farmer4321 - 4/15/2019 10:36
A fellow on Bloomberg argued that the stock markets are 90% sure there will be a trade deal and it's already been price into the stock market but there still should a modest pop before it settles down. The pop will be due to the relief the market will feel that finally "it's over".
The fact is, we're almost to the next market year so it's pretty much too late for this year. But I just don't see how China will ever radically increase purchases, at least not in the near term. And why would they even want to. All the rumors are " by 2025". 2025 is five years from now.
The Chinese will be pretty large purchasers of US ag products in the future, just not the ones the grain farmers were hoping for. |