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Non-Tech : Kirk's Market Thoughts

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gizwick

Sawdusty

To: gizwick who wrote (6062)	8/11/2018 6:02:19 PM
From: Jerome	2 Recommendations Read Replies (1) of 26503

Profiting from the tariff fiasco...... China imports about 33% of the of the annual US soybean crop Imports since the first week of July = 0 Soybean meal and beans prices are at a 10 year low. money.cnn.com Trump hopes to teach China a lesson with tariffs. China is teaching mid west farmers a lesson on tariffs Last year China imported 300 million tons of soybeans. Iowa and Ill farmers have spent 15 years building up a soybean market in China Much of the just released GDP figures were inflated by soybean exports to China to beat the tariffs that started in July. And to make matters worse... USDA this week said that soybean production is running far ahead of estimates China said yesterday that US farmers are unlikely to regain lost market share in China because they need reliable suppliers. The big winners in this mess...Brazil,...Argentine...Canada...Paraguay...Ukraine.... This is the downside of "shoot from the hip economic policies" from D. Trump... I will study up on how to short ag products....suggestions encouraged

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