central illinois | JNL - 7/30/2020 20:53
It's clear that you don't understand how the international commercial grain trade and exports out of the US in particular work... you need to spend some time educating yourself.... Your assertians in your original post that China can just walk away from contracts and renegotiate the contract terms is pure hogwash in the modern grain trade,,, hasn't been true for a long while once the exporters wised up 20+ years ago,,,, How do you think they stay in business after all....
https://www.wsj.com/articles/china-cancels-some-u-s-farm-shipments-m...
So is the Wall Street journal wrong?
https://www.agweb.com/blog/cash-grain-insights-156/china-cancels-lar...
Along with ag web
https://www.producer.com/daily/china-cancels-u-s-soybean-purchases-s...
And another... there are plenty to chose from shall I continue or would you rather explain to me some more that I don’t know how global trade works?
https://www.hg.org/legal-articles/contracts-the-chinese-perspective-...
I suggest you read above link
Edited by mfro629 7/30/2020 21:07
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