Care Needed in Assuming Beans’ Jump Means Trump Will Be Happy With EU — Panjiva


Care Needed in Assuming Beans’ Jump Means Trump Will Be Happy With EU

Ags - Grains/Beans 162 Brazil 260 China 1758 Cons. Staples - Food/Beverages 395 European Union 406 Tariffs 1169 U.S. 3297

Trade negotiations between the U.S. (Ambassador Lighthizer) and EU (Commissioner Malmstrom) continue on 9/25 in an attempt to move forward on commitments made by President Trump and President Juncker to increase trade between the two. While they’ll focus on technical issues progress is being made on merchandise trade with EU imports of U.S. soybeans up 130% on a year earlier in the past 12 weeks, overtaking Brazil as a supplier. That may be somewhat misleading given the seasonality of the $5.8 billion imported by the EU in the past 12 months and given earlier strikes in Brazil. U.S...

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