China Buys Record Amount of Soybeans From Russia
Trump says,"Make Russia Great Again!"
I guess those 300,000 American soybean farmers who voted for Trump have a $14 billion dollar problem.
Trump says,"Make Russia Great Again!"
I guess those 300,000 American soybean farmers who voted for Trump have a $14 billion dollar problem.
It sounds like you're a big fan of the Chinese government.
shareTrump loves China since he helped the Chinese company ZTE which has presented a national security issue within the U.S. The Trump Organization has partnered with China in a joint hotel and golf deal in Indonesia.
We all know that Trump is a HUGE fan of the Russian government especially his BFF Putin and now he is helping their economy to the detriment of the American worker. Trump won't let the fact that American wages have come down bother him since he's making plenty of money continuing to do his deals from the White House.
Wages are rising at a 2.8% annualized rate, and the growth is still positive when you take inflation into account. Try again.
shareWhen adjusted for inflation, wages are dropping. But, nice try. BTW, government inflation stats are kept artificially low because they don't count food and energy. Unless you fly like Superman and don't eat, you want to triple whatever the gov. inflation stats are.
shareRussia must have told them soybeans are an aphrodisiac.
shareHere's how this works: Now that it's the same price, Americans will buy soy beans from other Americans,hence more farming jobs and more value for that product. Class dismissed.
shareAmericans don't eat as much soybeans as the Chinese therefore those American farmers are in trouble. I would say maybe they could try to sell some excess soybean to our allies... but, oops, Trump has burnt that bridge, too.
Soybean is the 2nd largest crop grown (29% of total crops) in America after corn. Yep, lots of farmers who voted for Trump are about to be screwed big time. Trump's steel tariffs are also hurting them by raising the cost of production while American soybeans futures are crashing.
Brazil, Russia, Argentina and several Asian countries are happy as they replace American farmers. China will also expand soybean production in their own country therefore American soybean farmers' troubles can become permanent.
This is not how farming works. "Farmers" are Monsanto, Archer Daniel Midland, and their illegal alien sharecroppers. We would not even be growing soy if government was not paying them to do it with agricultural subsidies. It is as bad as corn syrup.
shareI find it odd that you're unaware of how your food is grown. Anyway, the rate of suicide for farmers has been increasing. I'm sure Trump is only going to make it worst for them.
https://www.cbsnews.com/news/american-farmers-rising-suicide-rates-plummeting-incomes/