USDA May Have Some Announcements on US-China Trade This Week

The Commodity Classic is on this week, and the corn-soybean gathering could be the format for USDA to roll out details of its plans on U.S. soybean shipments to China.Recall that on Jan. 1, new rules went into effect on foreign matter content in those shipments and USDA said it would be developing a plan to put in place throughout the U.S. soybean system to meet those requirements.