Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

China may have to resume U.S. soybean purchases in weeks: Oil World
Reuters ^ | AUGUST 7, 2018 | Reuters Staff

Posted on 08/07/2018 1:47:49 PM PDT by RedMonqey

In July, China imposed import tariffs on a list of U.S. goods, including soybeans, as part of the trade dispute with the United States. China is the world’s largest soybean importer and has been seeking alternative supplies, especially in South America, where supplies available for export are down.

“China has to resume purchases of U.S. soybeans,” Oil World said in its latest newsletter. “The South American supply shortage will make it necessary for China, in our opinion, to import 15 million tonnes of U.S. soybeans in October 2018/March 2019, even if the current trade war is not resolved.”

Chinese purchases of U.S. soybeans could re-start “in coming weeks,” Oil World added.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; Government
KEYWORDS: artofthedeal; farmers; tariffs; trump; win; winning
Navigation: use the links below to view more comments.
first 1-2021-4041 next last
Trump is a genius while his detractors will look like the fools they truly are.

Not tired of "winning" yet!

1 posted on 08/07/2018 1:47:49 PM PDT by RedMonqey
[ Post Reply | Private Reply | View Replies]

To: All
You Know The Drill
Click the Pic


2 posted on 08/07/2018 1:50:40 PM PDT by ButThreeLeftsDo (Free Republic Needs Your Monthly Donations!!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RedMonqey

In a sane world Venezuela would jump on this.
Talk about an opportunity...


3 posted on 08/07/2018 1:52:23 PM PDT by Little Ray (Freedom Before Security!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Little Ray
In a sane world Venezuela would jump on this.

They're too busy looking for dinner. They've already eaten their zoo, now it's on to any unlucky stray dog or cat.

4 posted on 08/07/2018 1:56:46 PM PDT by JPG (MAGA)
[ Post Reply | Private Reply | To 3 | View Replies]

To: RedMonqey

I hope Trump raises the tariff on soybeans again.


5 posted on 08/07/2018 2:00:20 PM PDT by Moonman62 (Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Little Ray

Oh, the US can resupply the shortages in South America, no problem. Then the South American countries can gouge the Chinese on their sales, knowing they will not run out on their end, but having a hand on the spigot all the time.

Soybeans are not at all the same thing as petroleum. Venezuela is not a major producer of soybeans. But their neighbor Brazil is, and rank second only to the US as a major producer, having some time ago surpassed China.


6 posted on 08/07/2018 2:00:25 PM PDT by alloysteel ("No" is a complete sentence. On so many levels.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: RedMonqey

America wins yet again. Yet again Trump played it smart. Yet again his critics were wrong. When this is done we’ll actually have something close to free trade for a while.


7 posted on 08/07/2018 2:01:43 PM PDT by Tell It Right (Mamas don't let your babies grow up to be welfare recipients.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RedMonqey

A very stable genius at that!


8 posted on 08/07/2018 2:01:43 PM PDT by bigbob (Trust Sessions. Trust the Plan.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Moonman62

I hope Trump raises the tariff on soybeans again.

...

That makes no sense.

Anyway. Trump knows he has the winning position.


9 posted on 08/07/2018 2:01:48 PM PDT by Moonman62 (Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: JPG

The only way out for Venezuela is up. They have to farm and ranch. They have to export oil.
China wants oil and soybeans. Venezuela has oil and a year-round growing season.
Why isn’t there a constant stream of freighters between the PRC and Venezuela?


10 posted on 08/07/2018 2:02:30 PM PDT by Little Ray (Freedom Before Security!)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Little Ray

Global soybean production is the U.S. and Brazil, and then everybody else. (Argentina, China and India are respectable second tier producers.) Venezuela is not a player.


11 posted on 08/07/2018 2:03:43 PM PDT by sphinx
[ Post Reply | Private Reply | To 3 | View Replies]

To: Moonman62
I hope Trump raises the tariff on soybeans again.

Why not just fire bomb soybean fields?

12 posted on 08/07/2018 2:04:50 PM PDT by Poison Pill
[ Post Reply | Private Reply | To 5 | View Replies]

To: Poison Pill

Actually it’s China that has the tariffs on our soybeans, but China is in a weak position and Trump knows it.


13 posted on 08/07/2018 2:07:43 PM PDT by Moonman62 (Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
[ Post Reply | Private Reply | To 12 | View Replies]

To: Little Ray

When was the last time you bought Soybeans at the grocery store?

But it is the ultimate Cash crop.

Soybeans and Corn is one of the main reasons we are getting fatter and have continue to have more Cancer.

And we all know Chinese love their “Soy Sauce”


14 posted on 08/07/2018 2:11:11 PM PDT by skinndogNN
[ Post Reply | Private Reply | To 10 | View Replies]

To: skinndogNN

Tofu man.....tofu


15 posted on 08/07/2018 2:12:22 PM PDT by bert ((K.E. N.P. N.C. +12) Sanctuary is Sedition)
[ Post Reply | Private Reply | To 14 | View Replies]

To: Little Ray; Moonman62; Tell It Right
It's good to have a president with practical experience with the free market.

With every story like this only shows the country what fools we have had in the Oval Office who only “mouth the words” “Free Market” rather than test the waters with the force of real experience(Yes, I'm talking about both Bushes, Clinton and the pretender, Obama)

And the bonus of ruining the careers of the “experts” the Media turns to for “expert opinions” is the gravy to an already fine meal is delicious!

16 posted on 08/07/2018 2:14:28 PM PDT by RedMonqey ("Those who turn their arms in for plowshares will be doing the plowing for those who didn't’t.")
[ Post Reply | Private Reply | To 3 | View Replies]

To: RedMonqey

The article is about Venezuela and oil. Not soybeans.


17 posted on 08/07/2018 2:16:59 PM PDT by BBell (Rebekah ist mein Erzfeind)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RedMonqey

Like I told you. They need US, more than we need THEM.

Starving, unemployed, Chinese workers start Revolutions.


18 posted on 08/07/2018 2:18:21 PM PDT by wetgundog (CNN is FAKE NEWS ...Just added NBC.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RedMonqey

Don’t sell to them until they meet our trade demands.


19 posted on 08/07/2018 2:20:03 PM PDT by steel_resolve (And an angel still rides in the whirlwind and directs this storm)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RedMonqey

They can have all they want for 100 bucks a bushel. That should shutup the whining farm community.


20 posted on 08/07/2018 2:25:34 PM PDT by Karl Spooner
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson