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China buying lots of soybeans and pork....

Posted on 9/24/19 at 6:44 am
Posted by trinidadtiger
Member since Jun 2017
13448 posts
Posted on 9/24/19 at 6:44 am

quote:

The world’s largest pork consumer bought 10,211 tonnes of U.S. pork between Aug. 2-8 for shipment in 2019 as a highly contagious swine disease continued to ravage the Chinese hog herd.


quote:

Some firms already bought at least 20 cargoes, or about 1.2 million tons, from the U.S. Pacific Northwest on Monday, the people said.


Lets be serious, did anyone think anyone else in the world could suddenly produce tens of millions of pigs to replace the ebola epidemic in china. Or suddenly grow millions of tons of soybeans?

We relax tariffs on dog collars and some computer components (to piss off IB), they buy food.

While their "Wall Street" is clamouring for another tranche of cheap debt, their central bank is balking at another turn at the govt teat, me thinks the well, or teat, is about dry and they know it.
Posted by UnitedFruitCompany
Bay Area
Member since Nov 2018
3384 posts
Posted on 9/24/19 at 7:38 am to
yup. We are #1 at food and its not even close. They cant get it elsewhere.

Also, Thomas Cook went tits up. Why? They couldnt get more money from their Chinese owners. Whats a big problem in China right now that no one is talking about? Liquidity.

Need to do some more digging here but I find it curious they couldnt get that deal to work out.
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73456 posts
Posted on 9/24/19 at 7:40 am to
I B Chinaman has been ducking these sales for a few weeks.
Posted by Rattlehead82
Florida
Member since Sep 2009
1915 posts
Posted on 9/24/19 at 7:45 am to
That dude just Googles "tariffs bad, Trump bad" then posts whatever pulls up.
Posted by Vecchio Cane
Ivory Tower
Member since Jul 2016
17767 posts
Posted on 9/24/19 at 7:47 am to
quote:

China buying lots of soybeans


Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 9/24/19 at 8:26 am to
The Chinese saw the stupidity of punishing their people with tariffs on pork and soybeans.

Maybe they will buy as much as they were before Trump started this fight.

Maybe our government will quit punishing us soon.
This post was edited on 9/24/19 at 8:27 am
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73456 posts
Posted on 9/24/19 at 8:30 am to
quote:

he Chinese saw the stupidity of punishing their people with tariffs on pork and soybeans.

Maybe they will buy as much as they were before Trump started this fight.

Maybe our government will quit punishing us soon.
Posted by yatesdog38
in your head rent free
Member since Sep 2013
12737 posts
Posted on 9/24/19 at 8:30 am to
we should tax them more unless they send back some frozen pork dumplings.
Posted by narddogg81
Vancouver
Member since Jan 2012
19711 posts
Posted on 9/24/19 at 8:32 am to
quote:

Maybe our government will quit punishing us soon
don't know about you but I haven't felt even the slightest effect of the tariffs. Only downside has been you tarding up the political talk board
Posted by Paradiddler
in a groove
Member since Jul 2016
1316 posts
Posted on 9/24/19 at 8:34 am to
Maybe you'll get a f'in clue, but I doubt it.
Posted by TaderSalad
mudbug territory
Member since Jul 2014
24658 posts
Posted on 9/24/19 at 8:35 am to
Could be the alter of davidtheloser
Posted by KANDUUU
Member since Sep 2019
472 posts
Posted on 9/24/19 at 8:35 am to
Doesnt China own the biggest pig farm in our country?

If I had my way a would also look into foreigners owning our land/companies without question, and not letting us do the same in their country. Total bs
This post was edited on 9/24/19 at 8:36 am
Posted by The Maj
Member since Sep 2016
27173 posts
Posted on 9/24/19 at 8:37 am to
quote:

The Chinese saw the stupidity of punishing their people with tariffs on pork and soybeans.


Lmao, the Chinese could not buy what they needed from somewhere else you ignorant frick... You were told that repeatedly when you started railing about these tariffs and you ignored it..

Posted by Vecchio Cane
Ivory Tower
Member since Jul 2016
17767 posts
Posted on 9/24/19 at 8:39 am to
quote:

Maybe our government will quit punishing us soon.


Maybe you'll hit your head again and go back to NOT being a dumbass.

That's the way it works in movies
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54218 posts
Posted on 9/24/19 at 8:42 am to
quote:

I B Freeman


You really need to do some research.
Posted by GeauxLax
Roswell, GA
Member since Apr 2016
288 posts
Posted on 9/24/19 at 9:06 am to
They own the Smithfield group. Smithfield is the largest in the USA by far
Posted by yatesdog38
in your head rent free
Member since Sep 2013
12737 posts
Posted on 9/24/19 at 9:34 am to
The foreign investments in the United States definitely needs to be reevaluated. It should be way way way more difficult and they should have to pay higher taxes, because next thing they will be doing is sending their kids to America to live in these places and work at these shell companies and then they will reproduce slowly taking over our homeland.
Posted by REB BEER
Laffy Yet
Member since Dec 2010
16223 posts
Posted on 9/24/19 at 9:55 am to
Posted by WhyMan
Baton Rouge
Member since Apr 2016
1429 posts
Posted on 9/24/19 at 10:00 am to
Pretty soon they will be buying American beef too.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 9/24/19 at 10:18 am to
quote:

They couldnt get more money from their Chinese owners.
The Chinese "owners" (one Chinese company owned 7% of Cook's stock) offered to loan Cook 450 million UK pounds but Cook's consortium of banks, including the Royal Bank of Scotland, blocked it.
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