(January 21, 2019 at 2:40 pm)Yonadav Wrote: 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/
(January 21, 2019 at 2:31 pm)downbeatplumb Wrote: I heard Latin America are buying bargain Soy and selling it to china which is still less than buying from the US because of the tariffs.
So the US farmers lose and china wins again.
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.
Yes they are buying it at heavily discounted prices. After all the farmers cant sell to china now and have to sell somewhere or it just rots. But mainly they are just selling their soya instead of the USA. This may be permanent. US soya may never recover.
You can fix ignorance, you can't fix stupid.
Tinkety Tonk and down with the Nazis.
