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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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To: louel who wrote (140781)	4/17/2018 3:16:25 PM
From: Elroy Jetson	Read Replies (1) of 218517

Well no louel. Placing a 178.6% import tax on US sorghum simply shuts-off sorghum exports to China. Chinese feedlots and distillers will buy sorghum from other exporting nations for 44% less, or replace sorghum with corn. US producers will probably be able to sell more sorghum to Mexico if they offer lower prices - called deflation. Farmers never stop selling products simply because prices fall. They simply work harder and longer for a reduced amount of money.

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