Reply With QuoteAs soybean futures plunge, farmer says tariffs have 'devastated' the industry
https://www.cnbc.com/2018/08/10/as-s...-industry.html
Trumps song to the farmers
Never Again
Soybeans plunge to near their lowest level in a decade
MAGA by bankrupting his base
The legumes were trading at $8.12 a bushel, near the lowest level since 2008, on the Chicago Board of Trade after President Donald Trump announced another round of tariffs on $200 billion worth of Chinese imports. Beijing responded with retaliatory duties on $60 billion worth of American imports.
China hit American soybeans with retaliatory import taxes in July after the Trump administration rolled out tariffs on $50 billion worth of its goods. That country is the largest soybean customer in the world, using them in part to feed livestock. It imported nearly 60% of soybeans traded around the world in 2017.
Demand concerns come just after government data showed strong conditions for a record US harvest.
A growing confidence within China’s soybean industry and government that the world’s largest pork-producing nation can wean itself off U.S. soy exports – a prospect that would decimate U.S. farmers, upend a 36-year-old trading relationship worth $12.7 billion last year, and radically remap global trade flows.
https://markets.businessinsider.com/...8-9-1027544895
“If we have to have a choice between being dead and pitied, and being alive with a bad image, we’d rather be alive and have the bad image.”
— Golda Meir
Zionism is the movement for the self-determination and statehood for the Jewish people in their ancestral homeland, the land of Israel.
“If Hamas put down their weapons, there would be no more violence. If the Jews put down their weapons, there would be no Israel."
ברוך השם
Never Again
As soybean futures plunge, farmer says tariffs have 'devastated' the industry
https://www.cnbc.com/2018/08/10/as-s...-industry.html
Trumps song to the farmers
“If we have to have a choice between being dead and pitied, and being alive with a bad image, we’d rather be alive and have the bad image.”
— Golda Meir
Zionism is the movement for the self-determination and statehood for the Jewish people in their ancestral homeland, the land of Israel.
“If Hamas put down their weapons, there would be no more violence. If the Jews put down their weapons, there would be no Israel."
ברוך השם
Never Again
For soybean farmers, a likely banner harvest with nowhere to sell
In 2016, Minnesota exported $2.1 billion of soybeans. China was the biggest buyer. But a trade war means that, at least for now, China isn't buying U.S. soybeans. And many farmers are scrambling to find ways to store the soybean crop they can't sell. MAGA
https://www.mprnews.org/story/2018/0...-in-soy-crunch
“If we have to have a choice between being dead and pitied, and being alive with a bad image, we’d rather be alive and have the bad image.”
— Golda Meir
Zionism is the movement for the self-determination and statehood for the Jewish people in their ancestral homeland, the land of Israel.
“If Hamas put down their weapons, there would be no more violence. If the Jews put down their weapons, there would be no Israel."
ברוך השם
Rune (09-19-2018)
Never Again
American Farmers Are in Crisis MAGA
Schroeder talks callers in crisis through Chapter 12 bankruptcy and sends out $500 checks to help them buy groceries and get the lights turned back on. One woman who called was eating nothing but frozen hamburger. Many families have had their electricity turned off, including one farmer who relies on an oxygen tank. Schroeder appealed to the electric company on his behalf, but the head of finance refused to work with them. The family could get him to the hospital if necessary, the farmer’s wife told Schroeder, because they had hidden their car in a barn nearby to keep it from being repossessed. Schroeder hasn’t been able to check in with the family since late July because their phone was disconnected.
These are not isolated stories. As early as February 2018, the U.S. Department of Agriculture (USDA) predicted a decline in net farm income to its lowest level since 2002 (adjusted for inflation), with median farm income projected at negative $1,316. For well over a year, worries about a new farm crisis have rippled across rural America. The very term is synonymous with the 1980s, when the bottom dropped out of the agricultural economy, sending thousands of farms into foreclosure and shuttering businesses.
https://www.eater.com/2018/9/14/1785...isis-trade-war
Think they learned their lesson?
Maybe trump could fly out for a rally, yea that's the ticket!
Last edited by Guno צְבִי; 09-19-2018 at 03:03 AM.
“If we have to have a choice between being dead and pitied, and being alive with a bad image, we’d rather be alive and have the bad image.”
— Golda Meir
Zionism is the movement for the self-determination and statehood for the Jewish people in their ancestral homeland, the land of Israel.
“If Hamas put down their weapons, there would be no more violence. If the Jews put down their weapons, there would be no Israel."
ברוך השם
Verified User
Wait just a fucking minute here, Cisco.
"China’s soybean industry and government that the world’s largest pork-producing nation ..."
I thought you hated all the 'pork-gobblers'? Now, ... you're all concerned about there won't be enough pork to gobble???
(you know, something here doesn't smell very kosher about this turn of events on your part, guno)
anatta (09-19-2018), Irish Exit (09-19-2018)
Canceled
He's a soyboy and his price keeps dropping as well.Originally Posted by Jack
Never Again
pork gobbling has no effect on me , but to the goy it sure does along with the rube farmers and that's trumps base
“If we have to have a choice between being dead and pitied, and being alive with a bad image, we’d rather be alive and have the bad image.”
— Golda Meir
Zionism is the movement for the self-determination and statehood for the Jewish people in their ancestral homeland, the land of Israel.
“If Hamas put down their weapons, there would be no more violence. If the Jews put down their weapons, there would be no Israel."
ברוך השם
Verified User
So, if that is the case, you should support this.
Verified User
Oh no! The Chinese are going on a self imposed HUNGER STRIKE.....that'll show Trump.Meanwhile back on the soybean farm......the progressive program of paying US tax dollars in the Farm Subsidy Bill will pay the farmer NOT TO GROW soybeans.
I Think when anyone "has to wean themselves" from anything....they just might have a problem with that particular SUBSTANCE. Think about it....."IF" China could wean itself and feed its overpopulated nation.....why would they develop a dependence upon the US soybean industry in the first place?
I know.....the Chinese could EAT CAKE and the democrat fat cats who make billions each year from Chinese kickbacks could wean themselves from living off the sweat of the US FARMER. We could send "Uncle Joe" Biden back to China to work out another deal for his Son. That'll show'em.
Last edited by Ralph; 09-19-2018 at 03:56 AM.
Canceled
Can't you get anyone to gobble your pork, does it smell shitty?
Get Off My Lawn
Lots of local farmers here in PA. are growing soybeans this year. And all the damn rain we've had has them quite healthy. As with the quantity produced, of any product, prices fluctuate up or down accordingly. It's funny that some cannot recognize that.Oh no! The Chinese are going on a self imposed HUNGER STRIKE.....that'll show Trump.
I know.....the Chinese could EAT CAKE and the democrat fat cats who make billions each year from Chinese kickbacks could wean themselves from living off the sweat of the US FARMER. We could send "Uncle Joe" Biden back to China to work out another deal for his Son. That'll show'em.
Common sense is not a gift, it's a punishment because you have to deal with everyone who doesn't have it.
Bigdog (09-19-2018)
Gestapo Joe is a China Ho
China has 1/5 of the world's population ... but only 7% of the world's farmland.
Good luck!
Hope we don't see another one of socialist hero, Mao's Great Famines. Last one killed 40 million.
Last edited by Bigdog; 09-19-2018 at 04:36 AM.
"I mean, you got the first mainstream African-American who is articulate and bright and clean and a nice-looking guy. I mean, that's a storybook, man."
— Joe Biden on Obama.
Socialism is just the modern word for monarchy.
D.C. has become a Guild System with an hierarchy and line of accession much like the Royal Court or priestly classes.
Private citizens are perfectly able of doing a better job without "apprenticing".
Verified User
The "ones" that are bitching and whining about Trump's dealing with China....are the same people who have made billions from selling to the Chinese government in these one sided trade deals that are accomplishing nothing for the US economy except giving China a free hand in stealing US Tech and Wealth. What does it matter to the ELITE leftists in this nation? Nothing as its their personal coffers that are now being robbed by us little PEONS who actually pay the taxes. Meanwhile the left wing SHEEPLE are BAHHHHHHHHING their brains out.China has 1/5 of the world's population ... but only 7% of the world's farmland.
Good luck!
Hope we don't see another one of socialist hero, Mao's Great Famines. Last one killed 40 million.
Senior Member
the good news about crops is you can always just plant a different one next time as opposed to factories which costs a lot to repurpose. If soybeans is the best china can hit as with then theres no problem.
Rune (09-19-2018)
Verified User
Trump should bring back Tobacco
Posting Rules
Bookmarks