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To: DoughtyOne

I’ll jump in here.... regarding soy beans for China.

I saw some one on fox who layed out the position. China needs the soy beans from America. Brazil is the other porducer and one might think that the loss of American beans would benefit Brazil. Except that Brazil production is maxed out. Brazil cannnot pick up the slack.

So China customers pay more for the tariffed beans or do without.

Trump has the upper hand


37 posted on 07/26/2018 5:41:28 AM PDT by bert
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To: bert

Brazil has been buying our soybeans at a discount, then moving them along to China. China is probably paying around the same price (or more).

Meanwhile Trump made an agreement with Europe that will see our soybeans sold to them in short order.

The E. U. just agreed to increase soybean orders immediately.

Sounds like our farmers will be okay.

I agree with your take on things, and specifically that Trump has the upper hand. He’s doing just what needs to be done, and I’m darned proud of him for doing so.

I’ve been asking for this sort of thing for about 20 years now.


40 posted on 07/26/2018 8:44:14 AM PDT by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 215.71 from 50% increase 1.2183 yrs)
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