China buys 600,000 tons of US soybeans after trade talks
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Thread: China buys 600,000 tons of US soybeans after trade talks

  1. #1
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    China buys 600,000 tons of US soybeans after trade talks

    China buys 600,000 tons of US soybeans after trade talks

    Chinese importers purchased roughly 600,000 tons of U.S. soybeans after deputy-level trade discussions between the U.S. and China last week.

    Benchmark U.S. soybean futures on the Chicago Board of Trade jumped more than 1 percent because of the news, Reuters reported on Monday.

    Read more: https://www.foxbusiness.com/industrials/china-soybeans-supply-tariff-trade?fbclid=IwAR37H0mDspEaXaVhT9k1CNpe5hc243kBf_0 lDlxK76kE2WO-f71VIZo0WDc

    My Thoughts:

    Democrats are so involved in “impeachment”, they can’t see the good this President is creating. China needs us, more than America needs China. So why impeachment when there is so much to do? Self-serving Democrat have lost their way.

    The trade bill between Canada, Mexico, and the United States was agreed upon by all parties last November, almost a year ago? The Trump USMCA will help most American farmers. Yet Pelosi will not bring the USMCA to the House floor for Congress to pass? Too busy?

    The President pushed ahead, got the beef tariffs lifted by the Japanese. This week China bought 600,000 bushels of Soybeans. The contrast between the congressional Democrats and their lack of concern, stands in stark contrast to what President Trump is accomplishing, despite Congress.

    Warning to Democrats.

    When you hurt Americans, they do not forget. Start doing your job. And that job is helping Americans, not uprooting previous elections because your side lost.

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  3. #2
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    Quote Originally Posted by opsspec1991 View Post
    ...
    The trade bill between Canada, Mexico, and the United States was agreed upon by all parties last November, almost a year ago? The Trump USMCA will help most American farmers. Yet Pelosi will not bring the USMCA to the House floor for Congress to pass? Too busy?
    No, she is too anti American.

    The President pushed ahead, got the beef tariffs lifted by the Japanese. This week China bought 600,000 bushels of Soybeans. The contrast between the congressional Democrats and their lack of concern, stands in stark contrast to what President Trump is accomplishing, despite Congress.
    I heard they purchased 600,000 tons around 11 Sep, also, unless the 11 Sep article was in advance of the Chinese announcement, that means they did it twice, for a total of 1.2 million tons.
    And about 100,000 tons of pork.

    The Panda Was Hungary.

    There has been a near famine in China this year, and coupled with the economic damage they are suffering for their ill chosen fight with Trump, they are getting too broke to buy from anyone else. In fact, one of the things you may hear is that the trade gap with China is worse than ever. That is true. They are too broke to buy anything from us, and they have lowered their prices (by weakening their currency) enough that they are paying for the tariffs on the goods we are still buying from them.

  4. #3
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    Just heard they bumped it up to 30 Million Metric Tonnes of Soybeans,
    along with some more pork, for a total of 30 to 50 billion dollars.

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