China deal a step in the right direction

If you’re a soybean farmer, you’re likely tired of hearing about China. For most of the past year, many of the conversations in the soybean market have generally revolved around: Why isn’t China buying our beans? Or when is China going to start buying our beans again? Or how long can China go without buying our beans? How many beans do we usually ship to China, how many beans did China buy during Trump’s first trade war, who else does China buy beans from, and so on.

The conversations became exhausting and up until recently usually started and ended with the same pessimistic tone.

However, those conversations are beginning to change. U.S. President Donald Trump and Chinese President Xi Jinping recently announced a new...