Trump tweets China mixed with fair weather cuts prices

Source: Michael Raine, Producer.com, July 30, 2019 

With the exceptions of feeder cattle and crude oil all of the home-grown, traded-agriculture-commodities in North America went into red figures as the market gave up some of its recent gains.

Weather news, suggesting mild and dry conditions for the American corn belt and improving crop-condition reports from the United States Department of Agriculture, mixed with Presidential tweets complaining about negotiating a trade deal with China to create a cocktail of negativity for buyers.

Canola felt the pain, dropping slightly, however relatively speaking not nearly the near one percent that soybeans fell at some points July 30 on Chicago markets.

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