USDA's WASDE Report Will Not Include Phase 1 Trade Details

source: Reuters

The U.S. Agriculture Department’s closely watched monthly supply and demand forecast will not include Phase 1 trade details about China’s purchase commitments from the recently inked deal, the agency’s top economist said on Thursday.

According to a report atReuters,美国农业部分析师not been told buying targets for each farm product included in the trade deal, which called for China to boost its purchases of US agricultural commodities by $40 billion over the next two years, USDA Chief Economist Robert Johansson said in an interview.

"There are a lot of different ways to get the Phase 1 agreement dollar figure," Johansson said. "We do not really know what path that is going to be at this point in the year."