Farm report on the radio today has them expecting good seasons after Trump redid the deal with Japan.
Same will happen with China.
Japan is not buying 1/20 of what China did, even with the new deal. Corn prices kept going down even after the trade deal announcement. On the 19th they were up to 3.70 and today they are down under 3.60 again.
Farmers are on edge like they have not been in anyone's memory.
I was part of a Crop Tour last week and it was so evident how stressed our farmers are. The police had to come to one of the nightly meetings in Nebraska because it got so contentious and a few of the farmers had been drinking a bit too much. Then a farmer not part of the tour threatened the life of a USDA official over corn estimates. Neither of these things had ever happened in the 25 plus year history of the tour.