America's Soybean Farmers Are Panicking over the Loss of Chinese Buyers

https://www.wsj.com/economy/trade/us-soybean-farmers-china-market-8749c5a2

by bookofjoe • 10 months ago

19 6 10 months ago

wsj.com

bookofjoe• 10 months ago

unpaywalled link: https://www.wsj.com/economy/trade/us-soybean-farmers-china-m...

khelavastr• 10 months ago

Sounds like more food for the global market than ever before.

a_vanderbilt• 10 months ago

Unfortunately, loss of buyers often results in them just leaving the crop to rot, as moving it costs more than what they'd make selling it. Not that they should be surprised though. From soybeans to AI silicon, China has shown it is willing to take the hit and source alternatives to US products.

churchill• 10 months ago

If only there was a way we could have avoided this. Being the world's largest economy, you can slap your trading partners around. But, don't expect them not to retaliate, especially if you have a reputation of being abusive to the weak.

treetalker• 10 months ago

Well, no bailouts for them: that would be socialism.

burnt-resistor• 10 months ago

WSJ skews towards superficial, and this is no exception. There are better sources of information on this topic, like from actual farmers. Here's one (Farm to Taber):

Farmers Just Got a Reality Check They Didn’t See Coming https://youtu.be/Z1Vt4aEXde0

AcreTrader, Bailouts, & The Future of US Farms https://youtu.be/mD50nJzDFLA

How Trump Made Slavery Great Again https://youtu.be/J8zit-g86v8

Why Corn And Soy Are In EVERYTHING https://youtu.be/NlSRyPcc-so

America's Soybean Farmers Are Panicking over the Loss of Chinese Buyers

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