Analysts Waiting For China To Act On Phase One Trade Deal

Analysts in the U.S. are waiting on the Chinese to make their move.

 

Dan Basse is president of AgResource Company in Chicago.

 

"We have this phase one agreement, the agreement was signed on the 15th of January. There's a 30-day period to implement that agreement. That means February 15th, which is this weekend. So next week we'll really start to see if the Chinese have any intentions of buying U.S. grains or ag products. It will be very important to the markets. There may be a little bit of flexibility to coronavirus, but overall the traders here want to see, taste and feel the Chinese demand before they get too rambunctious on the long side of the market."

 

The USDA released its February WASDE report Tuesday morning, which Basse says was very conservative with estimates about the Chinese phase one agreement.

Video: Season 6, Episode 12: Veterinarians’ Perspectives on Managing Swine Herd Health Across All Phases

Identifying challenges in swine production and turning them into solutions through research and team development is the focus of this episode. Dr. Christine Mainquist-Whigham of Pillen Family Farms and DNA Genetics shares insights on herd health, biosecurity and trial work to improve pig performance. She also discusses her team’s research philosophy, how they evaluate rate of investment and how they gather feedback from employees to address challenges and maintain herd health across all phases of production. Dr. Carlos Roudergue of Country View Family Farms discusses the growing complexity of swine production, especially as technology increases and employee interaction decreases. He also shares how their workforce is shifting toward more specialized roles to support herd health and efficiency.