Virus Blame Muddies China Trade

May 2020 - Dan Kowalski

As COVID-19 blame escalates between the U.S. and China, first quarter data reveals that agriculture exports to China are the lowest since 2007. This will make it all the more difficult to meet phase one agreement obligations for this year. On a better note, dairy futures prices for the fall months are looking up and the recent surge in crude oil and gasoline prices is boosting ethanol prices.