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Ted2010
Alabama Fan
Member since Oct 2010
17506 posts

‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China
quote:

U.S. farmers lost their fourth largest export market this week after China officially cancelled all purchases of U.S. agricultural products, a retaliatory move following President Donald Trump’s pledge to slap 10% tariffs on $300 billion of Chinese imports.


quote:

“It’s really, really getting bad out here,” said Bob Kuylen, who’s farmed for 35 years in North Dakota. “Trump is ruining our markets. No one is buying our product no more, and we have no markets no more.”


quote:

Agriculture exports to China dropped by more than half last year. In 2017, China imported $19.5 billion in agricultural goods, making it the second-largest buyer overall for American farmers. In 2018, that dropped to $9.2 billion as the trade war escalated, according to the United States Department of Agriculture.


quote:

Kuylen, who farms roughly 1,500 acres of wheat and sunflowers, lost $70 per acre this year, despite growing good crops. Current government subsidies only cover about $15 per acre, he said. There’s no incentive to keep farming, except that I’ve invested everything I have in farming, and it’s hard to walk away,” he said.


quote:

Zippy Duvall, president of the American Farm Bureau Federation, said China’s exit is a “body blow to thousands of farmers and ranchers who are already struggling to get by.”


LINK
This post was edited on 8/12 at 11:21 am


KeyserSoze999
LSU Fan
Member since Dec 2009
10545 posts

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China
short term is always a better view than the long term

- every democrat ever


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Bunyan
LSU Fan
Member since Oct 2016
17791 posts
 Online 

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China
Already been posted and debunked

LINK


BuckyCheese
Wisconsin Fan
Member since Jan 2015
4679 posts

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China
quote:

Bob Kuylen


Isn't this the same socialist that was crying last week?


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291
Lsupimp
Colorado Fan
The Mean Streets of Baton Rudge
Member since Nov 2003
60926 posts
 Online 

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China
Think of it as the chemo that puts the cancer into remission. A necessary evil. If you want perfection on planet Earth and an end to struggle, conflict and malevolence, become a Progressive philosopher and buy a herd of rainbow unicorns.


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180
loogaroo
LSU Fan
Welsh
Member since Dec 2005
4233 posts

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China
Dude, farmers aren't turning on Trump. Not going to happen.


aTmTexas Dillo
LA-Lafayette Fan
East Texas Lake
Member since Sep 2018
1721 posts

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China
quote:

‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China


Based on all the negative shite I've been reading on the PoliBoard today it looks like Texas turning blue in 2020 will usher in a new President in the next election. Problem solved??


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40
SDVTiger
Hawaii Fan
Off the Wall
Member since Nov 2011
35768 posts

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China
Moar fake news from concerned Ted


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152
narddogg81
Alabama Fan
Vancouver
Member since Jan 2012
13516 posts

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China
Lol, you can't lose markets for commodities. What a bunch of garbage. If china buys their soybeans exclusively from somewhere else, then whoever would normally have bought those beans is going to need to buy their from somewhere. You can't just magically manifest supply


DemonKA3268
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Parts Unknown
Member since Oct 2015
8573 posts
 Online 

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China


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131
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DemonKA3268
LSU Fan
Parts Unknown
Member since Oct 2015
8573 posts
 Online 

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China


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71
auggie
Auburn Fan
Opelika, Alabama
Member since Aug 2013
10938 posts

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China
Wow, looks like there is a gay, butthurt farmer up there in North Dakota.


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50
Geaux-2-L-O-Miss
LSU Fan
Between Your Ears
Member since Aug 2005
2698 posts

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China
quote:

If china buys their soybeans exclusively from somewhere else, then whoever would normally have bought those beans is going to need to buy their from somewhere. You can't just magically manifest supply


My thought exactly. If this continues for a few years I can see other countries ramping up production which could hurt. However, in the short term countries being displaced by China's purchases will have to look elsewhere which would be back at the USA.



CoachDon
Kentucky Fan
Louisville
Member since Sep 2014
8195 posts

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China
US SOYBEAN EXPORT COUNSEL can work harder on Europe where sales have increase substantially.

Also - see: Mayanmar


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50
nuwaydawg
Georgia Fan
Member since Nov 2007
991 posts

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China
During a discussion with a commodities trader, he mentioned that while China buys less soybeans from the USA directly, they are buying more from Brazil.

Who is buying more soybeans from the USA? Why Brazil, of course. This is a way to get around the tariffs.


Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
57099 posts
 Online 

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China
Tedy on a roll of concern!


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20
Summer of George
LSU Fan
Baton Rouge
Member since Apr 2010
5154 posts

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China
Lol fake news.


cable
Member since Oct 2018
2604 posts

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China
quote:

Kuylen, who farms roughly 1,500 acres of wheat and sunflowers, lost $70 per acre this year


How? At 40 bushels an acre, $4 per bushel, he should have grossed $240k. If he lost $70 per acre his costs were $345k. What the frick is this guy using for fertilizer? Gold dust?

Hell, he could have leased the entire 1500 acres out to someone else and made $72k for doing absolutely nothing but sit on his ass.
This post was edited on 8/12 at 12:11 pm


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71
Tiger on the Rag
LSU Fan
Cattle Gap Egypt
Member since Jan 2018
2845 posts

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China
The farmers debt to the government at one time was the largest debt owed to the US. In 1981 it was $40bil. They need to suck it up. All they hire is cheap labor and pay very little taxes. No sympathy here.


Ted2010
Alabama Fan
Member since Oct 2010
17506 posts

re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China
quote:

fake news.


Georgie, fake news would be having an LSU logo by my name.


But the trade war is hurting farmers. Nothing to be debunked about their concerns and suffering.


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