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U.S.-China trade truce helps grain markets
- China's Ministry of Commerce announced a one-year suspension of unreliable entity list measures against some U.S. companies, effective November 10.
- Following improved trade relations, grain futures markets saw significant gains, with January soybeans reaching a 13-month high.
- December soybean meal also hit a nearly nine-month high, gaining $23.40 for the week, according to Austin Schroeder from Brugler Marketing & Management.
- Corn futures gained strength this week, contributing to the overall grain rally.
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11 Articles
11 Articles
China adjusts unreliable entity list measures for some U.S. firms
China's Ministry of Commerce announced on Wednesday that in implementing the consensus reached through the China-U.S. economic and trade talks in Kuala Lumpur, China will continue to suspend for one year, effective from November 10, the unreliable entity
·Beijing, China
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China reserved two grain shipments from the United States after the meeting last week from the leaders of the two countries, informed the trade unions, which were the first purchases of this type last October.
·Romania
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Coverage Details
Total News Sources11
Leaning Left2Leaning Right0Center1Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
Factuality
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