Posted on 04/11/2024 10:22:44 AM PDT by EBH
Yep.
If there’s not a war and election cancellation.
5.56mm
Benchmark Chicago wheat futures are trading at about $5.50 per bushel...
When they need food, raise the prices to 9.95 per bushel and tell em not to eff with us again.
How is this “out of control”? What’s so unusual about cancelling an existing contract to look for the same commodity at lower prices?
Let them eat rice! Oh, wait...
I see election cancellation d/t war speculated upon in comments here frequently.
What does anyone here think it would REALLY take to effect a cancellation of elections? DId we not have elections during the US War between the States? (War of Northern Aggression)?
Did we cancel the elections in WW1? WW2? Korea?
From whom ever China buys their wheat it definitely won’t be paid in US dollars leading to more de-dollarization and inflation for us!
Correct
These are different times.
5.56mm
“ How is this “out of control”? What’s so unusual about cancelling an existing contract to look for the same commodity at lower prices?”
Exactly, likely more drama creation by someone writing a article
See post 10.
5.56mm
Russian grain being shipped through Kazakhstan. The farms in .kz are also owned by Russian oligarchs.
👍💯
They are going to buy wheat from Russia and Ukraine and they are going to pay in yuan.
they are going to pay in YAWN ?
“What does anyone here think it would REALLY take to effect a cancellation of elections?”
What would it take to shut the country down for a flu-like illness that killed less than 1% of the population and many of those deaths were likely due to the government mandated hospital only treatment of ventilation with remdesivir instead of inexpensive Ivermectin being used successfully across the planet.
We learned the population will submit with barely a whimper.
American agricultural science has created agricultural techniques, machinery and seeds for grain crops that have resulted in bountiful harvests in some of the most challenging terrain and climates in the world. The fact is that thanks to America’s historic contributions overt famine is no longer common. That the Chinese are able to shop for cheaper prices is not a threat but a tribute to capitalism and American ingenuity.
IMHO this article isn’t about drama. It’s financial website (with mainly an Asia view). This news matters to people who trade in wheat futures.
Maybe China can’t afford it
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