Reply With Quote
But when was the last time China bought zero soybeans from the US?
Can anyone answer that?
But when was the last time China bought zero soybeans from the US?
Can anyone answer that?
apparently not this year either.
I believe in December the exports went to zero.
Equipment and repair cost are both quite a bit more tbh. You do realize how much repairs to equipment and new farm equipment cot right? It’s alot. Not to mention seeds and pearicide prices have both gone up. Inflation is still a thing $5 in 2019 isn’t the same as 5$ in 2016.
You said year, not month.
OK, but the issue is still supply / demand. Too much product chasing finite demand.
Where did I say year, CC?
Correction. I said they bought US soybeans in 2018 and will apparently buy US soybeans in 2019. You moved the goalpost to only the month of December. Are you aware that Brazilian soybeans are harvested and shipped in December, counter cyclical to the US?
Correct, so keeping that in mind does it make sense to cut off the biggest buyer?
The US has never shipped soybeans in December?
Ever?
Goalpost move again. Nice try, Chump.
I have already said I disagree with the tariffs in this thread. It still doesn't keep soybeans from being a global commodity like oil, copper, iron ore, etc. Global supply vs. global demand determines the global price.
You moved the goalposts three times.
My original question still stands unanswered by you.
Yes they are a global commodity. The prices were just fine before Trump went and ed the farmers who voted for him so that he could be a tough guy though.
Trump Tariffs Threaten U.S. Jobs
As U.S. negotiates with China, some firms look to Mexico
Pat LeBlanc, EBW’s chairman, who voted for Mr. Trump, said
the trade war with China could halve the company’s profit for the year.
“It’s killing us,” he said. “I just feel so betrayed.”
Tariffs as high as 25 percent on Chinese imports have left American companies such as EBW
trying to pass higher costs of foreign components to their customers,
struggling to keep up with compe ors abroad and
considering whether to move their plants and jobs outside the country.
https://www.nytimes.com/2019/01/07/business/dealbook/trump-tariffs-jobs-trade.html?partner=rss&emc=rss
Tariffs and shutdown, hurting Trash's cult base, stressing them, impoverishing them, firing them
Actually, the soybean price is the same as the summer of 2016.
How about the summer of 2017?
Tariffs hit UAW profit sharing. Real people, real consequences.
https://news.yahoo.com/trump-tariffs...wer&soc_trk=tw
Bend over; I'll show you real people, real consequences.
Gay pillow talk?
You be you.
Trump’s tariffs completely wiped out Harley-Davidson profits last quarter
Bloomberg reports that Harley-Davidson “barely broke even” in its fourth-quarter 2018 earnings report, as the president’s trade wars with China and other nations continued to take their toll.
Without the costs of the tariffs, the company would have posted earnings of $0.17 per share, which was a big miss compared to the consensus estimate of $0.29 per share.
This was Harley-Davidson’s biggest miss of the consensus estimate since early 2009, when the entire country was reeling from the impact of the 2008 global financial crisis.
The bad financial report caused Harley-Davidson’s stock to plummet and share prices dropped by as much as 9 percent in the wake of the news.
https://www.rawstory.com/2019/01/tru...-last-quarter/
So where are the Bikers for Trash now?
The baby boomer Harley craze is over. Harley stock sucks.
Confused Again: Trump Thinks His Trade War is Responsible for China’s Economic Problems
the (NYT) piece pointed out Trump’s claim that his trade war is responsible for China’s economic problems,
it didn’t point out that this is almost certainly not true.
it doesn’t make sense that slower than expected growth in exports to the U.S. could be too big a hit to the Chinese economy.
It is also worth noting that China’s exports to the U.S. are actually not that large a share of its economy.
If we just take the reported
value of China’s exports to the U.S. it comes to less than 3.9 percent of its GDP.
the value-added in Chinese exports to the U.S. account for less than 3.0 percent of its GDP.
if Trump’s tariffs reduced its exports by one-third (a huge reduction), it would only imply a loss of less than 1.0 percentage point of GDP.
By contrast, following the collapse of the housing bubble, residential construction in the United States dropped by almost four percentage points of GDP.
that Trump’s tariffs are a major factor in China’s economic problems is absurd on its face,
just like his claim that he had the largest inaugural crowd in history or
that millions of illegal votes were cast in California.
https://www.counterpunch.org/2019/01...omic-problems/
Of course, Trash cult base wouldn't GAF about Trash's lying
In fact, asshole Franklin Graham says Trash doesn't lie.
Trump’s trade wars put farms on the brink of bankruptcy — and it could be ‘devastating’ for his 2020 campaign
trade war with China is still hammering farmers in the Midwest, and
one political scientist predicts that it will cost him the 2020 election if he doesn’t fix it fast.
“The president’s trade policies have sent U.S. agricultural exports plunging,
exacerbating already difficult economic conditions facing farmers,” Politico reports.
“Average farm income has fallen to near 15-year lows under Trump, and
in some areas of the country, farm bankruptcies are soaring.”
“You’ve had farms that have gone out of business, that have gone bankrupt because of this trade war,”
Brian Kuehl, the executive director of Farmers for Free Trade, tells Politico.
“There’s a lot of farmers going through tough conversations right now with their lenders.”
https://www.rawstory.com/2019/02/trumps-trade-wars-put-farms-brink-bankruptcy-devastating-2020-campaign-report/?utm_source=feedburner&utm_medium=feed&utm_campaig n=Feed%3A+TheRawStory+%28The+Raw+Story%29
rural simpletons' erotomania for Trash is getting de-romanticized.
Last edited by boutons_deux; 02-06-2019 at 04:41 PM.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
