An ag economist says the new China trade agreement is a good deal for agriculture, but it won’t have an instant impact on commodity prices. Brenda Boetel with the University of Wisconsin River Falls tells Brownfield, “When we’re looking at it for corn and soybeans, it’s a longer-term impact. We probably won’t see that dramatic increase in exports until this next marketing year, or until the 2020 crop comes in.”
UWRF Economist Brenda Boetel
Boetel says there are no known quantities for what products China will buy.
