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Day ahead – Dec. 5, 2019: US-China talks, CRP signup, Food prices, E. coli outbreak

China continues to insist on tariff rollbacks as part of Phase One deal; USDA to announce new CRP general signup; Global food prices rise amid gains in meat, vegoils: FAO; Romaine lettuce E. coli outbreak continues to grow

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China continues to insist that tariffs be lifted as part of any Phase One US-China trade deal. Meanwhile, USDA is expected to announce a general signup for the Conservation Reserve Program (CRP), the UN Food and Agricultural Organization (FAO) said food prices rose to their highest level in two years in November and an outbreak of E. coli in romaine lettuce continues to grow.

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