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Strategies & Market Trends : Value Investing

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Grommit
To: robert b furman who wrote (61503)12/5/2018 9:45:16 AM
From: Graystone1 Recommendation  Read Replies (1) of 79000
 
Prices back to 2008 level
or
Up is the new down?

I am not sure where you are seeing soy beans being up, they crashed earlier this year to lows not seen in awhile. Yearly price action has never included Chinese tariffs that halt US sales. Other countries are making out fine buying cheap US soybeans while selling their soybeans to China.

The real damage will start to appear over the next few years. China has had to source new supplies of soybeans and there is speculation that American farmers may never get back to where they were with China. It is entirely political, in case you hadn't noticed. The whole trade war is political. Your friends in Wisconsin who farm soybeans are hurting and insisting that it is not political is simply putting your head in the sand. It is like listening to McConnell describe the "First Amendment" as something the Republicans "hold dear".

markets.businessinsider.com

nytimes.com

reuters.com
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