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Ag Secretary Perdue pleased with China’s recent purchases
Ag Secretary Sonny Perdue says China has stepped up purchases of US ag goods in the past six weeks and he’s hopeful that will continue.
“You’ve seen record corn shipments and even soybean shipments here recently and I believe they have the capacity,” he says.
Perdue says he thinks China will rely heavily on US exports until the next Brazilian crop comes in.
“We think we will continue to own that market probably through next January again until the next Brazilian crop comes in,” he says “We believe China needs it- we think they’re rebuilding their Swine herd so their need for feed ingredients will be good.”
He says China has also addressed non-tariff barriers.
“We’ve still got some- it’s not perfect,” he says. “But, right now we’re on a good run and if we can continue we feel really good about the phase one agreement.”
Perdue made these comments during the virtual National Association of State Departments of Agriculture annual meeting.
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