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2018-04-08 Economy
About those soybeans
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Posted by Procopius2k 2018-04-08 09:11|| || Front Page|| [7 views ]  Top

#1  458,000 tonnes of U.S. soybeans were sold to undisclosed destinations

Ah, yes, the ol' Undisclosed Location. I'm picturing Dick Cheney swimming like Scrooge McDuck in a vast pool of soybeans.
Posted by SteveS 2018-04-08 12:53||   2018-04-08 12:53|| Front Page Top

#2 Here's the subject in a nutshell:
“There simply aren’t enough soybeans in the world outside of the U.S. to meet China’s needs,” said Mark Williams, chief Asia economist at Capital Economics.
Posted by ed in texas 2018-04-08 12:56||   2018-04-08 12:56|| Front Page Top

#3 The dirty little secret that all of these vegan terrorist nutritionists want to hide is the extreme effects of soy upon the production of sex hormones.

Research shows that cultures that have high soy consumption have declining birth rates and in the case of Japan extreme disinterest in sex.

I'd say we double down on soy exports to China and let nature take its course in reductions in the birth rate in China...

I don't touch soy in any form.
Posted by Sock Puppet of Doom 2018-04-08 13:09||   2018-04-08 13:09|| Front Page Top

#4 Come-on SPOD, Japanese been chomping soy for 2000 years
Posted by g(r)omgoru 2018-04-08 13:20||   2018-04-08 13:20|| Front Page Top

#5 China should simply grow more soybeans. Yes, it might be a bit more expensive for them that way.
Posted by KBK 2018-04-08 14:13||   2018-04-08 14:13|| Front Page Top

#6 My friends that grow soybeans are troubled but haven't planted yet this year.
One is definitely increasing his production of popcorn for Jolly Time (your theater popcorn brand).
Posted by 3dc 2018-04-08 15:07||   2018-04-08 15:07|| Front Page Top

#7 Other stuff gets weird. One guy tried pinto beans in the mid-70s on 1/2 section. Ended up destroying the market as he grew more than Mexico with modern irrigated farming. Sunflower seed is just too much volume to grow any distance from a sunflower oil factory. Other crops have their problems.
Posted by 3dc 2018-04-08 15:10||   2018-04-08 15:10|| Front Page Top

#8 Of course if this spat causes lot not to plant soybeans. (Most of the MidWest has not planted yet.) then China will be in a pickle this winter.
Posted by 3dc 2018-04-08 16:10||   2018-04-08 16:10|| Front Page Top

#9 Nonsense, they could import from their yappy dog North Korea.

Oh...wait
Posted by Frank G 2018-04-08 16:25||   2018-04-08 16:25|| Front Page Top

#10 Soybeans are fungible like oil, right? So buyers in Europe could turn around and sell to China. When you have a billion people to feed you have to buy food somewhere. The only question is whether the Chinese will end up paying more or less but with the addition of European middlemen my guess would be more.
Posted by Abu Uluque 2018-04-08 16:35||   2018-04-08 16:35|| Front Page Top

#11 The Chinese can eat the plastic toys they were going to dump into Toys R Us.
Posted by Airandee 2018-04-08 18:59||   2018-04-08 18:59|| Front Page Top

#12 “There simply aren’t enough soybeans in the world outside of the U.S. to meet China’s needs”

Uhm, I'm sensing a tariff negotiating opportunity.
Posted by Skidmark 2018-04-08 20:01||   2018-04-08 20:01|| Front Page Top

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