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Statement from Agriculture Secretary Tom Vilsack on Meeting with China’s Minister of Agriculture and Rural Affairs Tang Renjian

Agriculture Secretary Vilsack offered the following statement following his meeting today with People’s Republic of China Minister of Agriculture and Rural Affairs Tang Renjian:

“Today I hosted a meeting with my counterpart from the People’s Republic of China, Minister of Agriculture and Rural Affairs Tang Renjian. In addition to addressing outstanding market access issues and other U.S. agricultural stakeholder concerns, we discussed approaches to tackling climate and food security challenges. I emphasized the importance of an enabling environment for innovative technologies and practices to ensure productive and sustainable agriculture systems and to facilitate trade.

“I look forward to further exchanges and cooperation as we continue to forge a relationship that expands and improves market access opportunities for U.S. farmers and ranchers in China, an important agricultural export market.”

Today marked the first meeting since 2015 of the Joint Committee on Cooperation in Agriculture, which was established in 2003 as a forum for coordinating bilateral exchanges and cooperation in agriculture between the United States and China.

Source : usda.gov

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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.