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China Stops Buying US Soybeans

 
 
 
No, no, this is what winning looks like. Cohn said America has to suck it up.
 
I wouldn't worry about this. I mean what do the Chinese use soy for? They've probably never even heard of it.
 
Maybe we can burn soy for fuel?
Retrain coal miners to harvest the soy we can't sell...
 
ZiprHead said:
Stephanie Ruhle, MSNBC, 5/3/18.
Click to expand...
Actually I also found this. Looks pretty bad for the growers (but good for us tofu lovers).

saupload_ttm-value-US-soybean-exports-to-world-and-china-200212-thru-201802.png

During the past five years, we see that the total value of U.S. exports to the world has ranged between $17.8 billion and $25.9 billion, with the amount exported to China accounting for 55.3% to 62.1% (or about three-fifths) of the total from 2012 through 2017.
Click to expand...
 
ZiprHead said:
Half of US soybean production goes to China. This will have a huge impact on soybean producers.
Click to expand...


You mean it will have a huge impact on the Chinese people, right?

Since when do we give a crap about people who produce things here?
 
Treedbear said:
ZiprHead said:
Stephanie Ruhle, MSNBC, 5/3/18.
Click to expand...
Actually I also found this. Looks pretty bad for the growers (but good for us tofu lovers).

View attachment 15566

During the past five years, we see that the total value of U.S. exports to the world has ranged between $17.8 billion and $25.9 billion, with the amount exported to China accounting for 55.3% to 62.1% (or about three-fifths) of the total from 2012 through 2017.
Click to expand...
Click to expand...

Doesn't look that bad. Everyone else will export beans to China, we will export beans to everywhere else that wants them. Not quite enough but it will take a lot of the pain out of it.
 
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