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Futures Close Report 29th October

Futher detail emerging on US / China trade talks, amid discussion on the feasibility of the Trump request that China purchase $50bn of US Agricultural exports.  Chinese agricultural buyers, which are both state and private enterprises, generally import from the cheapest source. The U.S. demand that China commit to buying a huge volume of products, regardless of whether they were economical or in demand, would require state intervention to be implemented.