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China Purchases Will Be "Very, Very Good"

U.S. Ag Secretary Sonny Perdue says he expects farmers to see immediate benefits from a trade deal with China. 
 
"I think the numbers that we are looking at and discussing with China on purchase numbers will be very, very good and we think it will be multiples of what they've done in the past." 
 
He says ag exports to China would help with their trade deficit with the U.S. 
 
"The message to China is, 'You're already importing these products, why not import them from us?'" 
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The 2026 Trump/Xi Summit in China was one BIG disappointment, but the USDA May Crop Report was bullish U.S. wheat. Wheat Quality Council Tour confirmed the lower wheat production from the USDA for Kansas. Could the U.S. drought travel East and North into the top “I” states from June to August of 2026? #1 U.S. pork buyer Mexico bans 10% of supplies. E15 passes through U.S. Congress but will it pass in the Senate? Higher U.S. wholesale inflation reminds us of 2020-2022. Meal futures spiking + CFTC.