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KFB statement on US-China agreement

Kansas Farm Bureau President Rich Felts issued the following statement on the US-China Phase One Agreement:

“Kansas Farm Bureau is pleased to see the United States and China have reached a deal to lessen trade barriers between the two countries. We commend President Trump on this first step in resolving the trade dispute. China is an important market for Kansas farmers and ranchers, and we urge both countries to continue working to create a free and fair market.

I’ve always said Kansas farmers and ranchers want trade, not aid.The commitment from China to make substantial additional purchases of U.S. goods is a positive step in that direction. I know Kansas farmers and ranchers are capable and willing to fulfill whatever the market demands.”
 

Source : Kansas Farm Bureau

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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

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Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.