Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
When we replace China as a trading partner with any number of eager ****hole countries, those living in these ****hole countries will have money to buy our soybeans.
Dream on. Those countries do not have the wealth and the demand that China has. How simple are we?
Most of the beans China is buying are from Brazil where the most productive farms are owned by...you guessed it, Americans or American company's...........
BAHIA, Brazil — It’s November 2007 and Tyler Bruch, the 28-year-old son of a farmer, is planting corn — the first seed of his planting season.
Bruch is an Iowa boy, born and bred — a true Midwesterner right down to the John Deere planter that seeds his fields. But this isn't Iowa corn, and Tyler Bruch isn't on American soil.
So it's no big deal because some of the farms in Brazil atr run by Americans?
The point of the OP (as I took it) is that American Farmers are temporarily losing money from Soybean sales. My point was that Americans are still selling beans.....Might be a moot point anyhow. Drought is still hammering Brazil, soy production will be in the toilet and the Chicoms will be back buying beans from the Continental US...
Soybean is a really hard bean, almost no use other than making tofu.
$16 billion per year revenue is big. If every $100k is one job creation, then that’s 160,000 jobs creation, or destruction.
Actually, most soybeans are used for animal feed. Human consumption includes soy milk, soy flour, textured vegetable protein, soy sauce, ... Then there are uses like soy candles,
But not to worry about those thousands of farmers who will be out of work. They can move to Brazil and pray for rain.
Because trade wars do not always result in a winner, and a loser. Just groups that lose less then the other. There were better choices he could have made, and better tools.
I DO get it though. Unlike most I recognize the problem that China is. But im not truly convinced that the chosen method will result in increased prosperity. Something did need to change though.
Good post. The less informed posters here seem to think that there wasn't already a trade war going on, when we just started fighting back for once. It's going to get a little bumpy in places but to just keep rolling over for intellectual property violations, cheating on patents, currency manipulation and that's not even getting to things like dumping, tariffs etc.
Not sure when we've ever seen a country choose to boycott a specific product based on the votes of its source. Because U.S. grown soybeans are grown by typically Trump-supporting farmers, China just canceled over 60,000 tons.
China "very deliberately" not buying U.S. soybeans amid trade war
"...soybeans are "almost exclusively produced by farmers in the GOP's rural base who voted overwhelmingly for President Trump in the 2016 election"
China canceled a net 62,690 metric tons of U.S. soybean purchases in the two weeks ended April 19, the Bloomberg article pointed out, citing USDA data for the current marketing year. https://www.cnbc.com/2018/05/02/it-a...ade-fight.html
The Chinese government does NOT care if it's people starve.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
