Soybean Trade war; Just the Beginning

[furrowtickler]

isnt it fact that china CANNOT source enough beans if they choose not to use usa beans?

50/50 or 60/40 split brazil beans versus usa beans?

They can always source animal protien via feed barley from australia first canada second bugger everyone else

Going to put some extra foliar on my soybeans, maybe I can help out ... lol
But it could be an opportunity for us here in Canada if we can get consistent yield.

[macdon02]

I think Errol and AJ are both correct. Just different timeframes. Errol has the short term and the AJ the long. Watch the weather in China and Russia, they are both moving into drought.

[errolanderson]

Finch Ratings warning of $2 trillion in global trade now at-risk should Trump stay on trade warpath

China now blocking U.S. Micron chip sales could unnerve NASDAQ on reopening Thursday.

USD pullback and CAD recovery on these churning and destabilizing trade events? . . . we'll see

[AlbertaFarmer5]

China has already removed barriers to importing additional canola meal since this trade war started. Canola price has held up surprisingly well, inspite of weather and soybean price. The only reasonable explanation is that demand from China is increasing to make up for lack of US soybeans.

[errolanderson]

More China cancellations of U.S. soybean shipments heard today. Fresh contract lows tested again.

China has repeatedly stated they will not fire the first shot, but will retaliate should the U.S. do so.

The financial fallout across the Midwest within agriculture and outside of agriculture will be immense.

U.S. tariffs come into effect Friday, July 06th . . . .

[errolanderson]

A silver lining . . . Could China soymeal demand shift toward Cdn peas in a big way over the next few months?

China soybean purchases are primarily destined for meal and feeding their hogs and swelling Chinese pork demand.

[blackpowder]

"we can surmount all challenges.....the progress of China's economy cannot be reversed by any force"
Guo Shuqing Head of China's Banking and Insurance regulator.


Makes you wish you were Chinese somedays don't it??
Have to be high as kite to dream those words out of our govts mouth.

[MBgrower]

trumps trade war is just making china and their economy more powerful everyday

[errolanderson]

trumps trade war is just making china and their economy more powerful everyday

MB agree . . . It’s just a matter of time before China leapfrogs the U.S. in technology.

[workboots]

The Chinese don’t seem to innovate as much as they strategize.

They built 700 coal power plants in the last year. Think about that.

They build giant empty cities antisipating population growth and migration.

They strategically send the brightest minds out into the best academic realms arounds world to learn from more advanced cultures.

Most technological innovation comes from free and open democratic societies.

Maybe our economy needs to manufacture more, process and value add with our Ever improving AI and automation capabilities

Create more and become more integrated into the chain of raw to final

We need to start thinking we are more then raw resource providers. For some reason Its engrained in prairie settlers . Grow it, mine it, ship it. - we are going to lose that game from the looks of it, so what’s our next best option.