$0 in Soybean Sales to China

Dummkopf Trumpf is also destroying the Florida Keys lobster industry which used to make money exporting to China: www.savingseafood.org

Gut arbet Republicans, on 5 Nov 2024 you voted for a superrich schwendler who is taking the very food out of your mouth while pick-pocketing you AND will be depriving you of affordable medical care next year: cdn.vectorstock.com

Yet Soybean prices aren't dropping.

Soybeans are fungible?

Dummkopf Trumpf is also destroying the Florida Keys lobster industry which used to make money exporting to China: www.savingseafood.org

I would consider this a good thing.

Wait, aren't soybeans what makes you trans? Why would China do this? I smell nefariousness.

No, you're thinking of Helium.

Nobody ------- cares what you think, you ------- ------.

It will be great if my tax dollars do NOT go towards bailing out the MAGA majority farmers who voted for exactly the situation they're in now.

Gotta use those bootstraps, not Blue State tax money.

Let them all deal with the consequences of their faithfulness to FDT.

There is a floor to soy bean prices as the US government acts as a buyer of last resort guaranteeing a minimum price. What's going to happen with most of those soy beans is they're going to be turned into animal feed in the US.

Yet Soybean prices aren't dropping.
Soybeans are fungible?

#3 | Posted by oneironaut

Oh sweetie, are you saying the farmers are losing their minds over nothing? Are you that stupid?

To answer your question:

Farmers are storing crops rather than selling at a loss.
With prices low and often below the break even point, farmers are putting their crop into storage rather than selling which is keeping prices from cratering. They tend to do this just above the break even point. And it can be done for months to years depending on storage conditions. But this creates a supply time bomb if prices don't increase at some point and limtis capital for farmers needing to purchase everything for next season. Storage is already getting full amd more expensive while demand is not coming back. At some point, they have to sell and that's when prices crater. (This is in most of the ag news if you googled it)

Why it matters:

A supply time bomb is coming and farmers know it will crater prices without increased demand.
All this storage creates a supply time bomb if prices don't increase at some point. Storage is already getting full and many farmers have to purchase seed, fertilizer, parts, and pay for other farm/field needs plus pay on loans or acreage rent. At some point, they have to sell and that's when prices crater.

Production costs have increased and expenses are coming up.
Prices may be steady now, but costs of production are going up on seed, fertilizer, parts, repairs, transportation, etc. due to the trade war. This means what was profitable last year, isn't even close to profitable this year. And farmers don't have the capital to bridge the difference even if prices remained steady.

Creditors can't be paid means you can't make it up with next year's crop.
Most farmers rely on credit. If they can't profit or even get close to breaking even, they can't pay the loans on equipment, land, buy seed, fertilizer, etc. and go bankrupt. There's no "next year will be better" when the bank forecloses or you can't afford the land rent or you can't buy seed or make repairs, etc. because there is no next year. Just like at the casino, you can win it back if there is still money in your pocket but you can't even play if you don't have cash for chips and a seat at the table.

Even if there is a next year, crop prices will remain below break even due to a domino effect.
If farmers stop planting as much soybean to get back to a break even point and plant other crops, we just end up with a surplus of those crops and prices drop there. And this assumes some mass organized planning which isn't even possible currently because the White House doesn't care. This means 2025 survivors are in for a rough 2026. Worse, even farmers who break even may not be able to get credit or may face higher interest as lenders see higher risk.

FEAR NOT, FARMERS! JD Vance's company created ACRETRADER so you can sell your farm land for pennies on the dollar to corporate America while JD Vance takes a cut! WELCOME TO FARMAGEDDON, SUCKERS!

FDR had a lot of ideas how to help Americans, both rich and poor, get out of the economic disaster of the Great Depression. His ideas worked, by and large, and it was because he saw his job was to serve the people, all the people, not just a privileged few. Trump has a. lot of ideas, and they clearly are to divide us one from another, and from our allies...but along the way have to worship the Trump gang in order to survive. Tariffs won't work, are not working, and all in all, are just a way to fund programs as he cuts taxes for the rich.

The cost of arrogance.

On the upside is Tofu...

for lunch... dinner... breakfast...

they won't starve... neither will the pets...

Tofu turns a lovely color of blue when it spoils...

Then there are the plastics made from Soy products... guess we'll just have to process them ourselves... oh wait... we forgot how... oooops.

If only the Democrats would do something.

~Eberly

On the bright side, the rotting orange pedo gets to keep his Chinese trademarks.

Much of the trade war is stupid, but is legitimate with China.

But we knew the Chinese were going to do this. They told us they were going to do this.

Our solution is to pay farmers welfare money. For this year.

No guidance from the Ag Extensions, no guidance from the USDA. Farmers are deciding now what they are going to do next year.

So, yeah, go ahead and do a trade war with China, but let's have a plan. The Chinese do, and they are handing us our asses.

Farmers can't silo forever. And space isn't infinite. A year or a bit more, then a crash. China will not budge.

China will not budge.

#18 | Posted by e1g1 at 2025-09-26 07:17 PM | Reply | Flag:NOPE

China knows how to do austerity... the USA not so much...

Brazil cleared vast swaths of rainforest in preparation...

@#19 ... China knows how to do austerity...

My current view is that China is working within a different timeline than the US.

Stated differently, China looks more to long term agreements that benefit China.

Pres Trump looks more towards short-term transactional agreements that capture the headlines.

If China is smart they will wait for the farmers to go bankrupt and then pick up the land through shell companies for a great deal. They can then use the farmers to work the land like serfs and send the soybeans to China for a great deal.

@#21 ... If China is smart they will wait for the farmers to go bankrupt and then pick up the land through shell companies for a great deal. ...

Yeah, it seems that China has already been buyin up US farmland ...

China owns 380,000 acres of land in the U.S. Here's where (2023)
www.npr.org

... In 2021, a Chinese company bought land near an Air Force base in Grand Forks, N.D., sending lawmakers into a frenzy.

Lawmakers feared that China, which many policymakers view as a strategic adversary even though it's the country's top trading partner outside North America, could gain control over the U.S. food and energy supply, as well as a hold on markets and critical infrastructure.

Although Chinese-owned land is a tiny fraction of all foreign-owned land in the U.S., its purchases have raised fears that the Chinese government could have control, through the Chinese corporations, over U.S. assets or gain access to U.S.-based information.

Indeed, during the past four decades, Chinese companies and investors have bought up land in the U.S. as well as purchased major food companies like Smithfield Foods, the United States' largest pork processor. Corporations own the majority of that land. Now legislation in Congress would restrict Chinese ownership of U.S. land. ...

Fun Boy Three - It Ain't What You Do It's The Way That You Do It (1982)
www.youtube.com

Lyrics excerpt ...
genius.com

...
It ain't what you do it's the way that you do it
It ain't what you do it's the way that you do it
It ain't what you do it's the way that you do it
And that's what gets results

It ain't what you do it's the time that you do it
It ain't what you do it's the time that you do it
It ain't what you do it's the time that you do it
And that's what gets results

You can try hard (aah-ahh-ah)
Don't mean a thing (aah-ahh-ah)
Take it easy (aah-ahh-ah)
And then your jive will swing (aah-ahh-ah)

It ain't what you do it's the place that you do it
It ain't what you do it's the place that you do it
It ain't what you do it's the place that you do it
And that's what gets results
...blockquote>

[Sen Schumer, take heed ...]