China halts US Soy - The Combine Forum
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post #1 of 20 (permalink) Old 05-30-2019, 11:02 AM Thread Starter
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China halts US Soy

China has halted all purchases of US Soybeans


https://www.cnbc.com/2019/05/30/chin...purchases.html

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post #2 of 20 (permalink) Old 05-30-2019, 12:05 PM
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post #3 of 20 (permalink) Old 05-30-2019, 12:22 PM
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So its on then. Lets do this and hammer those Chinese once and for all. They wont be able to hold long. There is a ag disaster in the US, Australia and probably Canada and stocks to use are down. See if they can win a trade war with hungry people.
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post #4 of 20 (permalink) Old 05-30-2019, 01:14 PM
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Our Prime minister when he is in the States should be making it know to the US all the pain and suffering we are going through due to the detaining the Chineese lady for them. The Americans I talk to have never heard about this. Instead the media is saying he is going to voice his concern about abortion etc. etc. with the vice President which will likely infuriate the President and Vice President more. We can not get him out of office fast enough.
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post #5 of 20 (permalink) Old 05-30-2019, 01:18 PM
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They aren't buying beans because half their pigs died and they just don't need to buy from us now. They can cite the trade war all they want but that's a small piece of the puzzle.

It's getting to the point China can **** off. Almost had a trade agreement but China refused to cease stealing intellectual property.

Bottom line is there are x number of bushel of beans in the world, and the world is going to consume y number of bushels annually. Someone will buy our beans even if China does not, last year Argentina imported a extremely large amount of USA beans for the first time ever, think any of those floated to China?

Currently beans are +13 today, over a dollar rally.
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post #6 of 20 (permalink) Old 05-30-2019, 01:48 PM
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Not hard to put an embargo on something you don't need... disease pressures on the Chinese hog herd have numbers a way down, and that isn't going away any time soon regardless of politics. All this talk about getting tough with the Chinese... you need to take a hard look at who is holding the lion's share of the western world's debt, and who has really been making the profit off our stupid wars. My experience is that it's seldom a good plan to pick a fight with your banker.
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post #7 of 20 (permalink) Old 05-30-2019, 01:51 PM
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Originally Posted by jazz View Post
So its on then. Lets do this and hammer those Chinese once and for all. They wont be able to hold long. There is a ag disaster in the US, Australia and probably Canada and stocks to use are down. See if they can win a trade war with hungry people.
You really donít understand world trade. In 10yrs China will get everything they need from Russia. North America is a island of high priced grain with the most expensive freight costs. Thereís enough carry out in NA to cushion one **** of a crop wreck.
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post #8 of 20 (permalink) Old 05-30-2019, 02:14 PM
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US (or anyone) is not in a good position as it relates to making a deal with china. China doesn't care if their people starve/die, restrict/misinform with media coverage, next to no one (that lives in china) relies on the Chinese stock market.


Workers threaten (and litteraly do) to jump off of the top of buildings if they do not get fair wages. Too many replacements that will work for nothing. Companies will find their way around items being sourced there. Either move vendors or purchase it through another country (exactly what china did last year with us soys).
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post #9 of 20 (permalink) Old 05-30-2019, 03:06 PM
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Trade war is like any war , it’s a loose game all together.

But hey they will tell any who will listen , we WON ............
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post #10 of 20 (permalink) Old 05-30-2019, 06:24 PM
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Originally Posted by dumbfarmer View Post
You really donít understand world trade. In 10yrs China will get everything they need from Russia. North America is a island of high priced grain with the most expensive freight costs. Thereís enough carry out in NA to cushion one **** of a crop wreck.
I don't think Russia has the climate for corn and soy and I doubt they could match US yeilds. Low quality HRS is their specialty.

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