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Breaking News Home | All | Religion | Society | Tech | Choice | SA Newsroom
FRONT PAGE  |  5/29/2020
WEDNESDAY, MAY 15, 2019  |  5 comments
US farmers who sell to China feel pain of Beijing’s tariffs
In a statement Monday, the American Soybean Association reacted with frustration edged with anxiety.

“The sentiment out in farm country is getting grimmer by the day,” said John Heisdorffer, a soybean farmer in Keota, Iowa, who is chairman of the ASA. “Our patience is waning, our finances are suffering and the stress from months of living with the consequences of these tariffs is mounting.”

A slowdown in soybean sales, and the huge stockpiles that result, has a ripple effect. Farmers in many parts of the corn belt have suffered from a wet and cooler spring, which has prevented them from planting corn. Typically when it becomes too late to plant corn, farmers will instead plant soybeans, which can grow later into the fall before harvest is required. Yet now, planting soybeans with the overabundance already in bins and scant hope for sales to one of the biggest buyers in China, could raise the ...


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· Page 1 ·  Found: 5 user comment(s)
News Item9/1/19 7:23 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Just Thinking, the Chinese just buy the soybeans from somewhere else or else use substitutes, or use some third-party buyers to get some American soybeans.

https://tinyurl.com/y3gmlwgn (Trade war could jeopardize economic growth: Sen. Pat Toomey)

This article is not hostile to Trump. For one thing the comments are from a Republican senator. He does wish Trump would use some different methods, however. 👍

5

News Item5/15/19 9:56 AM
Just thinking | grapeland  Find all comments by Just thinking
If the Chinese don't buy lots of soybeans, they must not need lots of soybeans. What they do need is American dollars, more than we need their not so well made things. Let the tariffs go where they go, and we'll see who fares well. btw, one-crop farming is a bad idea, from a soil management perspective, and because it always ends up needing some form of aid or protection from the government.
4

News Item5/15/19 5:40 AM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Damian Paletta and Erica Werner wrote:
....
Hoeven said there was a chance that White House officials could attempt to purchase U.S. farm products and then give them to poor countries. A similar program was established under the Food for Peace Act.

But government officials have found that these programs are very difficult to administer, in part because it can be hard to move crops on a large scale to poor countries efficiently. There are also concerns that dumping large amounts of crops can disrupt the local farming infrastructure, and some poor countries do not need certain crops that could be in abundance in the United States, such as soybeans.

In addition, Grassley said there are strict limits on how U.S. officials could simply donate food to poor countries. He said the way Trump has discussed it could violate World Trade Organization rules....

excerpt from, "White House explores new farmer bailout plan as US-China trade war heats up"

https://tinyurl.com/y4xddao9

Perhaps they can turn a lot of those soybeans into biodiesel?

Apparently, one thing they were doing was voting Republican, Youth

3

News Item5/15/19 3:22 AM
Youth in Asia | Asia  Find all comments by Youth in Asia
The farmers invested in China, now they are literally reaping what they sow. Where were the farmers all these years when human rights abuses were happening? how many millions of dollars were gained to lift an evil nation?
2

News Item5/15/19 1:55 AM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Jason Easley wrote:
....
Trump campaigned against foreign aid. He has complained about foreign aid as president, but now that his trade war is pushing farmers to bankruptcy, the president suddenly wants to use taxpayer money to buy the crops and give them away as foreign aid.
Donald Trump’s desperation is transparent, as Mr. Capitalist is now proposing a socialist program to bribe farmers so that they don’t give him the boot in 2020....
--

https://tinyurl.com/yxby3r5q (As Farmers Go Under, Trump Goes Socialist And Offers A Bribe)

An interesting observation anyway, what I read earlier buy Secretary of agriculture Perdue, the Trump Administration wasn't going to do anything more for the American farmer.

1
There are a total of 5 user comments displayed | add new comment |Subscribe to these comments
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