Posted on 10/09/2019 12:56:07 PM PDT by 2ndDivisionVet
U.S. unemployment fell to 3.6 percent, lowest since 1969 \
“China is still talking about buying more soybeans.”
Japan already came on line to buy the soybeans.
China has no big cards left to play.
The trade war is coming to an end, and the one-sided brutal trade beating of China is about to get underway. They will be lucky to make it past New Year before things start breaking over there. 2020 is going to be a very new year in communist China, indeed.
Soy beans, who cares? We are(were) an industrial high tech nation....
If China agrees to Trump’s terms; rule of law and no IP thefts, then the communist party will end shortly afterwards.
Those two things are the sources of their wealth and power.
The farmers and agribusiness people of about 25 states.
Farming is 2% of GDP. Why we worry so much about it beyond me. Manufacturing and mining dwarf it GDP wise.
I think the best way to manage an overinflated market is to use a “rolling downturn”. That is, examine market segments as independent units, and measure how each unit is doing. While only some are oversold and too expensive, others are likely not performing at levels they could be.
Then change policy to make the oversold stocks less attractive to buyers, or rather, to make inexpensive lower stocks *more* attractive.
This means that oversold stocks will be sold off in a gradual manner, and undersold stocks will be purchased, balancing the market.
Trump understands the power of the electoral vote. Others, like Hillary don’t.
You could make a lot of money just buying long and short...
Trump says the talks are going great buy long..
Trump says the Talks have broken down sell short..
Farming is 2% of GDP. Why we worry so much about it beyond me. Manufacturing and mining dwarf it GDP wise.
__________________________________________
Because food independence and security are vital to every aspect of our (or any) nation.
Food export is measured in more than raw GDP & gives us leverage over other manufacturing nations like Japan, South Korea and China.
Keeping the cost of food low supports all other economic sectors.
Farming supports processing business, retailers and impacts more than farming’s 2%.
If ag is not supported, farms will fail, land will be sold off to developers (not all of them US citizens) or simply lie fallow, generating nothing at all.
The manufacturing and mining workers need food, too.
Mining and manufacturing are more important and creates 10x the wealth of farming. Once you lose manufacturing its hard to get it back. With farming, the land is always there. Authenticity is ghetto.
Agriculture is ghetto.
China calculates that Trump is but a stumbling stone, that it is Walstreet they need to make bend... all too easily
The article is talking about China pushing Walstreet into its corner. The farming leverage is nil since the Chinese refuse to buy soybeans.... it is more the opposite, our overproducing farming leveraged by China.
You should get out to flyover country sometime and get some real life experiences. It is basically endless corn and bean fields out here. And the farmers vote.
“China is still talking about buying more soybeans.”
If you are a foreigner, now is the time to buy - while the price is down.
To quote a Charlie Daniels line from the song, “American Farmer”....”If the man don’t work, the people don’t eat”.
Only the “haven’t thunk-it-through” folks pooh-pooh farmers/agriculture.
Raw food is a commodity, like anything else. It cam be imported and exported. Please stop treating farmers like they are some kind of special snowflakes.
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.