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China Lifts Ban on U.S. Poultry

China has lifted a four-year ban on our nation's poultry entering into that market. (Rod Bain and Under Secretary for Trade and Foreign Agricultural Affairs Ted McKinney)
 

Source : USDA

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Making Soybeans Great Again! + A Fools Gold?

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Trump's post this week that China would buy an additional 8 mmt of U.S. soybeans was a “game changer” near-term. The plunge in Bitcoin down 50% from the highs may no longer be considered a “digital” gold. It has followed the selling in tech this week with the NASDAQ down 7%. The 45Z announcement provided more clarity and guidance resulting in higher soyoil futures. Next weeks USDA February crop report is historically a non-event and more.