Farmers Hope Trade War Ends Before Their Beans Rot

The forum for general posting. Come join the madness. :)
Post Reply
Message
Author
User avatar
Bob Juch
Posts: 26427
Joined: Mon Oct 08, 2007 11:58 am
Location: Oro Valley, Arizona
Contact:

Farmers Hope Trade War Ends Before Their Beans Rot

#1 Post by Bob Juch » Mon Nov 05, 2018 10:34 am

https://www.nytimes.com/2018/11/05/busi ... e-war.html
ARTHUR, N.D. — This is harvest season in the rich farmlands of the eastern Dakotas, the time of year Kevin Karel checks his computer first thing in the morning to see how many of his soybeans Chinese companies have purchased while he was sleeping.

Farmers here in Cass County have prospered over the last two decades by growing more soybeans than any other county in the United States, and by shipping most of those beans across the Pacific Ocean to feed Chinese pigs and chickens.

But this year, the Chinese have all but stopped buying. The largest market for one of America’s largest exports has shut its doors. The Chinese government imposed a tariff on American soybeans in response to the Trump administration’s tariffs on Chinese goods. The latest federal data, through mid-October, shows American soybean sales to China have declined by 94 percent from last year’s harvest.
I may not have gone where I intended to go, but I think I have ended up where I needed to be.
- Douglas Adams (1952 - 2001)

Si fractum non sit, noli id reficere.

Teach a child to be polite and courteous in the home and, when he grows up, he'll never be able to drive in New Jersey.

Post Reply