Dec 27, 2019
Farm prices likely to stay low in 2020
The “Phase 1” trade deal may not make much of an impact on crop prices.

David McNew/Getty Images
China’s pullback from U.S. crop purchases this year came as a blow to some farmers, on top of already low prices. But even though China may buy more soybeans and other farm products as part of an interim trade deal, experts don’t think crop prices will bounce back much next year. That’s because more land is expected to come back into production in 2020, meaning supply may rise along with demand.
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