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Tidbits, Chinese Trade Agreements, DAP for India, FOB 5/18/26

Tidbits


Given corn, wheat, and beans all opened 14 to 20+ higher last evening, last week's heavy selling was not justified. 

 

Brazil: From AgrInvest Commodities on Saturday:

"In Brazil, corn remains pressured by comfortable physical supply and low liquidity, while fertilizers are experiencing greater downward pressure on nitrogen fertilizers. Soybean premiums (basis) showed firmness despite the sharp drop on the CBOT, in a market that remains cautious and stagnant."

 

China: Dr. Don Sanders D.V.M., DACT is a long time friend of Roger and Olga. In his multiple consulting visits to China and other countries, he taught veterinarians, dairy farm workers, and farm managers how to maintain healthy cows and achieve high milk production. Along the way he developed new friendships and learned a lot, primarily about the state and practice of agriculture in the host countries and their culture in general. He presented 34 hours of seminars in four areas of China, where he developed lasting friendships with several of China’s agriculture industry leaders and farm folks.

 

After reading Wright on the Market comments about Trump’s visit to China, he was compelled to remind us about China. In part, this is what he wrote:

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