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Posted on 8/12/19 at 12:04 pm to loogaroo
quote:
Dude, farmers aren't turning on Trump. Not going to happen.
Farmers have complained for years about how China and others were f**king them over. They all knew that a trade war was going to hurt but it would be worth it. Unless farmers start going bankrupt at rates similar to 1920s and 1930s they are not turning on trump. They probably would not turn on Trump then because farmers are mostly white people that live in rural areas and the dems have spent the last three years hating on them.
Posted on 8/12/19 at 12:05 pm to Ted2010
You certainly will never find a more unbiased sauce than CNBC. 
This post was edited on 8/12/19 at 12:06 pm
Posted on 8/12/19 at 12:05 pm to WeeWee
Posted on 8/12/19 at 12:05 pm to loogaroo
quote:
Dude, farmers aren't turning on Trump. Not going to happen.
Most farmers here in the coastal plains including my family are 100% MAGA.
This post was edited on 8/12/19 at 1:55 pm
Posted on 8/12/19 at 12:06 pm to Ted2010
I B Teddy on a concern roll!
Posted on 8/12/19 at 12:20 pm to Ted2010
Posted on 8/12/19 at 12:21 pm to Ted2010
Kuylen is a political activist and vice chair of some farm union. He's going to exaggerate.
Posted on 8/12/19 at 12:21 pm to NC_Tigah
quote:
Meanwhile, in the real world . . . Trump Approval Among Farmers Rises to 79%
It's truly a shame that the retard doesn't get it. It's pretty much common sense.
Posted on 8/12/19 at 12:22 pm to Jbird
quote:
concern roll
What is a concern roll. Roll? Like made from wheat? Wheat that farmers plant and harvest? Farmers that are hurting over Trump’s trade war?
That kind of roll?
This post was edited on 8/12/19 at 12:27 pm
Posted on 8/12/19 at 12:22 pm to Ted2010
quote:Stop crying ya fukin wimp.
Ted2010
You don't really give a sh!t about markets or farmers.
Post less.
Posted on 8/12/19 at 12:23 pm to Ted2010
quote:
President Donald Trump’s trade wars are pushing America’s rural economy toward a full-blown meltdown after years of financial hardship, causing more farmers to default on loans while putting the squeeze on agricultural lenders. Farmers have seen their net income plummet by half since 2013 and are now expected to hold nearly $427 billion in debt this year — the most since the farm crisis in the 1980s. The default rate for farm loans held by banks hit its highest level in seven years in the first three months of 2019.
Most of the midwest was flooding or too wet to plant this year. The # of acres of soybeans planted in 2019 is down by 10% from 2018 and that has nothing do with Trump (unless he found GWB's weather machine)., and 10 million acres were not even planted. The farmers got a nice big paycheck from crop insurance for those acres (IBFreeman double triggered). Mother Nature totally bailed Trump out with the farmers this year; which proves that God is a MAGA fan.
ETA: Your link says the 1980s but I said the 1920s-1930s which were way worse than the 80s.
This post was edited on 8/12/19 at 12:55 pm
Posted on 8/12/19 at 12:23 pm to Redbone
quote:
You don't really give a sh!t about markets or farmers.
Whatever makes you feel better.
quote:
Post less
No.
Posted on 8/12/19 at 12:25 pm to NC_Tigah
quote:
79%
Oh now we trust polls? I got some polls you’ll love then!
Posted on 8/12/19 at 12:28 pm to narddogg81
quote:
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
This. Theoretically China could invest in somewhere like Brazil to improve their infrastructure to increase production but it would take a few years.
Grain prices were shite before the trade war due to oversupply. They’ve stayed in the same area they were prior to the trade war. Blaming Trump is just a convenient excuse
Posted on 8/12/19 at 12:40 pm to Ted2010
Why is it the media focuses on the one single American industry that’s hurt by the “trade war” and says nothing about all the other industries that have benefited?
Posted on 8/12/19 at 12:42 pm to narddogg81
quote:
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
Exactly. China made a huge deal with Russia last week that will increase agricultural exports to China. However to increase exports to China they have to either produce a lot more which is unlikely since they have been having record harvests the last few years or reduce exports to other countries. After China, Russia's next export market is the EU.
American agricultural exports to the EU have increased by $10billion since Trump took office and that does not even include the US-EU trade agreement signed earlier this month.
ETA: China played its only remaining trump card by suspending US agriculture imports. Is it going to hurt the farmers yes, but China has been screwing over the farmers for decades. China is going to have to buy its food from somewhere and that will open up markets elsewhere. Which will benefit the farmers in the long run. Politically it is of no consequence because the dems have written off the rural white voters. If the dems had not spent the last few years shitting on rural white people (which makes up the majority of farming community) then Trump would be in big trouble, but people are not going to switch sides when the other side's candidates are calling them racist and educating them on white privilege or whose family got rich dealing with China and says that "China is not our competitor."
This post was edited on 8/12/19 at 12:57 pm
Posted on 8/12/19 at 12:43 pm to Ted2010
It's called having all of your eggs in one basket, and not having the forethought to diversify your market. Adapt or die.
Posted on 8/12/19 at 12:43 pm to nuwaydawg
Did that trader mention to you that while world inventories on soybeans haven’t changed too much inventories in the USA have tripled over 2017 in June and stand in excess of a billion bushels?
Did he mention acres in Brazil are up more than 1 million acres?
The obvious flaw in you logic is that the world has increased their production of beans while decreasing their traditional inventories.
The Chinese are even encouraging the Russians to plant more beans.
Did he mention acres in Brazil are up more than 1 million acres?
The obvious flaw in you logic is that the world has increased their production of beans while decreasing their traditional inventories.
The Chinese are even encouraging the Russians to plant more beans.
Posted on 8/12/19 at 12:45 pm to Ted2010
quote:
Oh now we trust polls? I got some polls you’ll love then!
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