For context, China’s share of US soybean purchases last year was a little over $12b (at $10.50 a bushel). This year, no purchases of new crop from China and prices down at $8. youtu.be/tg3_EzO26dQ?...
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Look, we can talk about how ag industry leaders backed Trump in 2020 and 2024 despite his doing this in 2018, costing $20b total… but this industry employs almost 200,000 people, and it isn’t industry that’s gonna hurt. It’s workers who will lose jobs.
aug 28, 2025, 8:42 pm • 2 0 • view
The administration will bailout industry leaders (like they did in 2018) and keep those endorsements, and the DNC will fail (again) to get effective messaging to the core voters.
aug 28, 2025, 8:42 pm • 2 0 • view
China is using a geopolitical strategy of leveraging BRICS (in this case, mostly Brazil) to fill their demand. It’s the same strategy Russia is using around oil sanctions. Unfortunately, this administration is run by idiots.
aug 28, 2025, 8:48 pm • 1 0 • view