Reuters is reporting that there were no new US soybean sales to China and that nothing is expected to be loaded in coming weeks. This is according to the US soybean industry groups.
Moreover, if the trend continues, soybean farmers could face financial collapse.
Pres. Trump earlier today said that
- He will be discussing a lot of things with China Pres. Xi in two weeks.
- We are going to do well in that negotiations.
A few minutes later he chaTrump is now saying:
- Maybe the meeting with Chinese President Xi won’t happen.
HMMMM.
It looks more like No Deal. This article was written by Greg Michalowski at investinglive.com.
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