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China’s Sorghum Case Cancellation Good For Chinese and American Agriculture

Ags - Grains/Beans 237 China 2527 Consumer Staples 589 Tariffs 1613 U.S. 4472

China’s Ministry of Commerce has ended its anti-dumping review of American sorghum exports, stating it would be a net negative for Chinese agriculture. It also helps sentiment between Chinese and American negotiators at this week’s talks in the U.S. That comes as President Trump has expressed skepticism about the talks’ outcome and a rumored $200 billion package of measures offered by China has been denied by state press. In any event sorghum is only a drop in the bucket. China accounted for 89% of U.S. shipments in the past 12 months, but that was only $1 billion of exports. The case ma...

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