SINO-U.S. Trade Deal: Big numbers, few details, many questions for Ag (Successful Farming)

Successful Farming reported on the US-China trade negotiations. The White House says the agreement calls for “substantial purchases” of farm exports. Senior Research Fellow Joseph Glauber expressed doubt about forecasts leaping overnight to the $40-billion-a-year level. “Getting back to 2017 levels is not trivial after the past 2 years of poor exports. Hopefully, there are improvements in GMO approvals and other non-tariff issues which will improve future trade prospects.” Republished in Fern’s AG Insider.