Trumps base is starting to erode.

[Yonadav]

Tariffs aren't the whole soybean story. We had a bumper crop and Brazil is having a bumper crop. And by the way, the Chinese have started buying US soybeans again.

http://www.grainphd.com/special-reports/...an-prices/

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That would make no sense. Are you saying that Latin America bought US soybeans and sold them to China? That would be fine with US farmers. That would be an end run around Chinese restrictions, not US restrictions.

The Chinese have been buying South American soybeans for quite awhile. Brazil has a bumper crop this year.

Supply & Demand, of course; Brazil is paying less than China, but being a perishable, US farmers have no say in where their goods go.

What's the price of weed these days? It's been a long time since I was in the market.

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OK. I figured out what you folks are talking about with other countries buying US soybeans and sending them to China.
That's not quite what's happening, and this sort of thing actually happens with more frequency than people realize.
Let's say Canada has a trade agreement with Malaysia where Malaysia buys their soybeans at market price.
China gets into a dispute with the US and wants to avoid buying US soybeans.
China offers Canada $3 per bushel above market for their soybeans.
Canada must honor its commitment to Malaysia.
Canada pays US market rate to ship US beans to Malaysia.
Canada then sells its own beans to China for $3 per bushel above market rate.
The US gets paid market rate for its beans.
Canada was paid a hefty premium for its beans.