Grain flow shifts from U.S.-China trade war may last years - CHS farm cooperative [Reuters]
CHS Inc - 8% Cumulative Redeemable Preferred Stock (CHSCP)
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Source: Reuters
Grain flow shifts from U.S.-China trade war may last years - CHS farm cooperative CHICAGO, Dec 19 (Reuters) - The U.S.-China trade war has accelerated Brazilian efforts to erode the United States’ share of the world soybean export market, and some of the shifts in global grain flows could last for years, according to executives at CHS Inc, the largest U.S. farmer cooperative. Even with a so-called Phase 1 trade pact expected to be signed in January, uncertainty over Chinese purchases of American farm products - specifically what goods China has agreed to buy, in what volumes and which timeframes - means that some of the profound trade changes that have occurred during the past 18 months are at risk of becoming permanent, they said. “It’s difficult to believe that we can just rewind the clock, and everything goes back to where we were before,” said John Griffith, senior vice president of CHS’s global grain marketing and renewable fuels, told Reuters in an interview on Thursday. Such un
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CHSCP
Sec Filings
- 12/11/24 - Form 3
- 12/11/24 - Form 3
- 12/9/24 - Form 8-K
- CHSCP's page on the SEC website