Posted on 08/18/2019 5:57:16 AM PDT by ameribbean expat
Since Russia still needs to import soybeans to fulfil its own needs, it was unlikely to provide an effective answer to China’s problems, Rylko added. He also warned that many of the European soybeans were not of particularly high quality because they were relatively low in protein.
He predicted that the best-case scenario would see Russian soybean exports reaching 2 million tonnes a year – a significant rise on last year’s total of 800,000 tonnes. However, that is still a drop in the ocean compared with China’s annual consumption of more than 100 million tonnes – some 88 per cent of which were imports, including 16 million tonnes supplied by the US.
(Excerpt) Read more at amp.scmp.com ...
When central planning measures all outputs in tons, there's not much incentive to design a pocket calculator. A nice ten pound desk calculator with a big crank suffices...
The world is facing a reality. NOBODY approaches the productivity per acre and quality product of a Kansas/Iowa/Nebraska etc farmer.
Nobody
Re: What does China do with all of those soybeans?
Soybeans are usually the most important source of protein for farm animals.
Very little is consumed by humans.
Absolutely correct!
The produce we import in winter is third class at best.
The cantaloupes from Honduras. YECH.
The gold standard for food...PRODUCED IN THE USA.
“” “” Russia is looking to raise cash, as always couldn’t care less about their people, “let them eat cake””” “”
The reality is Russia may easily quadruple production in two years.
It fact it makes most of the content of cheap processed ‘meat’ products. Cheap hotdogs and bologna are half soy.
China feeds their hogs and chickens with soybeans, and anything else running around in a pasture. You can’t feed people with bulls***” ideology.
You’ve got that right!!
This helps expose the media fantasy that US farmers will go broke if China doesn’t buy our soy beans. There are only so many soy beans grown each year. If China doesn’t buy them from us, they will buy them from somewhere else. This simply RAISES the price of soy beans, it doesn’t create a surplus in the US.
Jeez, I wonder where they might get some soybeans to fill the gap? I guess they’re willing to starve in order to subsidize selling us more crap. Have at it China. We rebuild our manufacturing base and we have the food.
UN is pushing the first world to eat more insects, to save the world.
China, therefore, could switch to an insect diet
We squeezed Japan like this in the late 30s and they retaliated with WWII. It did not end well for the Togo regime. The same is happening now with China. It may not end well for them either.
There is more than enough food in Russia to go around. I don’t know about soybeans specifically but agro exports have been going through the roof lately.
Forgive me, but have you been living under a rock since 1991? Not only is Russia not Communist anymore (not even CLOSE), but they don’t have any problem whatsoever “feeding their people”. I’ve spent a significant amount of time in Russia (and am actually here at the moment). Food is absolutely, positively, not a problem here. They have everything from the traditional local markets, to the neighborhood groceries, to the super/hyper markets just like we have. Every single one of these places is packed from floor to ceiling with food.
I’m in the breadbasket of Russia (Krasnodarskiy Krai). Production just keeps going up and up and up.
It’s said that the Russians want the Soviet Union to return, just without the Communism.
They lie because there is no such a thing.
Note there are still a lot unused land. Although I might be wrong regarding Krasnodar Krai specifically.
Atlas Shrugged ping. It would be soybeans, wouldn’t it? Ma Chalmers may have the last laugh on us yet.
True - I've seen that on food labels for decades.
I scanned Google for a couple minutes.
The consensus seems to be that humans directly consume just 6%-10% of soybeans.
However, if you eat animal meat, you are also consuming the soy amino acids that that were re-purposed by the critter that showed up at your dinner table.
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