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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: gizwick who wrote (6062)8/11/2018 6:02:19 PM
From: Jerome2 Recommendations

Recommended By
gizwick
Sawdusty

  Read Replies (1) | Respond to of 26490
 
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



To: gizwick who wrote (6062)8/11/2018 11:24:28 PM
From: robert b furman  Respond to of 26490
 
Hi Gizwick,

I agree with that, but it is a regional thing.
when the economy stops wealth transfers and over regulation - we'll see economic growth AND inflation will resurface more than most ever thought possible - I hope .



Bob