Thread: Dow at 26031
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Old 02-23-2019, 06:00 AM  
thommy
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Quote:
Originally Posted by MrBaldBastard View Post
https://twitter.com/SecretarySonny/s...49705131118592

BREAKING: In Oval Office meeting today, the Chinese committed to buy an additional 10 million metric tons of U.S. soybeans. Hats off to @POTUS for bringing China to the table!!!

See winning! Slight issue is America had 35 billion in trade previously, China stopped importing American beans, other countries took over that market. I'm sure the Chinese right now can use 10 million more.. It's the Year Of The Piggy

But next year reality hits, that reality for the simpletons.. Brazil took your business.
https://www.agweb.com/article/breaki...live-analysis/

This Ag web pod cast is great! there like YO Go TRUMP!!!, then they work out they have 72% less business than they had before, and they still haven factored in.. Brazil is now the worlds largest producer.

I find it really sad, because they're still believing, when the reality is not only has Trump fucked their business.. he fucked it for generations.
what most people will not understand is this.

US soy bean exports to china have been 8.2 million metric tonns in 2018
if they buy now 10 million more (and that will be trumpīs winning message) they will buy 18.2 million metric tonns.

BUT in 2017 and before they bought 21 million metric tonns.
means in total nearly 4 million tonns LESS as before - BIG MAGA !!!!!

and as you correctly described China made already new deals and many other countries
increased the soy production for china and they did not do it because of a few month.
these are longterm contracts and the US farmers will NEVER deliver the same amount again. BIG BIG MAGA !!!

about the real problems the world have with china exports there is no word in this new trade deal. actually this is nothing what china or the US could resolve - it is the WTO that can and have to.
but the WTO will do a fuck for trump after all names he called them. all international action will be on ice to the time after trump. they want to wait if there will be one who understand the job. nobody will make any longterm deal with a dumb sociopath.
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