Ending May on the lows - this week in the grain markets

by

Opinion

Grain markets saw a bit of a sell-off on the last Friday of May with mostly lower as the traders booked profits before the end of the month amidst growing uncertainty in U.S.-China trade relations. This week, China moved with a heavy hand to take full control of Hong Kong, the city-state given up by Britain in 1997.  On Friday, U.S. President Trump announced a variety of new regulations on Hong Kong, notably, the special trading status it enjoyed with the U.S.. Basically, with China’s aggressive move into Hong Kong, going forward, the U.S. is going to treat the financial…

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