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Joined: Jan 2018
Posts: 2,387
Campfire Regular
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OP
Campfire Regular
Joined: Jan 2018
Posts: 2,387 |
https://www.agweb.com/article/us-sells-record-amount-corn-china-tensions-riseBy Mark Weinraub CHICAGO, July 30 (Reuters) - Chinese buyers booked their single biggest-ever purchase of U.S. corn, extending their flurry of large U.S. purchases even as tensions between Washington and Beijing rise. The U.S. Agriculture Department said on Thursday that private exporters sold 1.937 million tonnes of corn to China for delivery in the 2020/21 marketing year. That topped the previous biggest deal to China of 1.762 million tonnes, reported just two weeks ago. In a separate report, the USDA said soybean sales to China rose to 1.925 million tonnes in the week ended July 23, the biggest weekly total since Nov. 17, 2016. The recent purchases place China closer to the ambitious $36.5 billion target for imports of U.S. farm goods this year set in the Phase 1 trade deal. Analysts and traders say that target may be achievable, but it is looking like a stretch. The corn sale reported on Thursday was valued at around $325 million, based on new-crop prices at the U.S. Gulf. China's American farm purchases amounted to $6 billion through May - the latest data available - up just 9.1% from the same period in 2019 and 31% below 2017's level. China on Thursday accused the United States of stoking a new Cold War ahead of its presidential election in November. U.S. Secretary of State Mike Pompeo also called the Chinese Communist Party "the central threat of our times." Rising tensions have already slowed Chinese purchases of U.S. soybeans this week, U.S. Soybean Export Council CEO Jim Sutter said during a virtual town hall with agriculture leaders on Thursday, citing sources in China. "They're worried that there could be a disruption in the implementation of the Phase 1 agreement. That uncertainty is not good for future purchases," Sutter said. Near the close of trading on Thursday, Chicago Board of Trade corn and soybean futures were slightly higher.
In training to be an obedient master to my two labs
Shooting, fishing and hunting
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Joined: Apr 2011
Posts: 4,851
Campfire Tracker
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Campfire Tracker
Joined: Apr 2011
Posts: 4,851 |
We send them food, and they send us unknown seeds.
For even when we were with you, we gave you this rule: "If a man will not work, he shall not eat."
2 Thessalonians 3:10
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Joined: May 2004
Posts: 56,168 Likes: 14
Campfire Kahuna
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Campfire Kahuna
Joined: May 2004
Posts: 56,168 Likes: 14 |
On of the best things we could do for our future is to stop exporting food to our enemies
I am..........disturbed.
Concerning the difference between man and the jackass: some observers hold that there isn't any. But this wrongs the jackass. -Twain
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Joined: May 2014
Posts: 5,817
Campfire Tracker
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Campfire Tracker
Joined: May 2014
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We send them food, and they send us unknown seeds. That seed thing was very strange.
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Joined: Dec 2005
Posts: 40,179
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2005
Posts: 40,179 |
Corn will make em fat and docile.
Son of a liberal: " What did you do in the War On Terror, Daddy?"
Liberal father: " I fought the Americans, along with all the other liberals."
MOLON LABE
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Joined: Aug 2004
Posts: 69,673 Likes: 20
Campfire Kahuna
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Campfire Kahuna
Joined: Aug 2004
Posts: 69,673 Likes: 20 |
Molɔ̀ːn Labé Skýla!
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Joined: Feb 2010
Posts: 1,571
Campfire Regular
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Campfire Regular
Joined: Feb 2010
Posts: 1,571 |
I've read that Japan bought very large amounts of steel and iron in the months before Pearl Harbor.
molɔ̀ːn labé skýla
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Joined: Aug 2010
Posts: 1,556
Campfire Regular
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Campfire Regular
Joined: Aug 2010
Posts: 1,556 |
They can't be trusted!!! So don't sell them anything and stop buying from them.... We can make what we buy from them...who needs their headache.?.? Pizz on them!
I sure could go for some $2.50/gal gas and a mean tweet!
NRA Benefactor member, disgruntled. Life member: Firearms Owners Against Crime. Life member: GOA Member: RMEF
TRUMP 2020
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Joined: Dec 2005
Posts: 40,179
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2005
Posts: 40,179 |
They can't be trusted!!! So don't sell them anything and stop buying from them.... We can make what we buy from them...who needs their headache.?.? Pizz on them! Maybe they could send a whole bunch of Americans to Viet Nam to stop the spread of communism?
Son of a liberal: " What did you do in the War On Terror, Daddy?"
Liberal father: " I fought the Americans, along with all the other liberals."
MOLON LABE
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Joined: Apr 2011
Posts: 151,770 Likes: 15
Campfire Savant
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Campfire Savant
Joined: Apr 2011
Posts: 151,770 Likes: 15 |
They can't be trusted!!! So don't sell them anything and stop buying from them.... We can make what we buy from them...who needs their headache.?.? Pizz on them! Maybe they could send a whole bunch of Americans to Viet Nam to stop the spread of communism? That worked our well
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Joined: Feb 2009
Posts: 8,073
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2009
Posts: 8,073 |
We have borrowed a lot of money from China. It takes a lot of money to buy votes and pay off the minorities. Not counting the foreign aid we need to send to countries so our politicians can get a kick back. So if China is hungry, raise the price of food. Supply and demand. Hasbeen
hasbeen (Better a has been than a never was!)
NRA Patron member Try to live your life where the preacher doesn't have to lie at your funeral
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Joined: Feb 2004
Posts: 46,745
Campfire 'Bwana
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Campfire 'Bwana
Joined: Feb 2004
Posts: 46,745 |
Camp is where you make it.
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Joined: Dec 2015
Posts: 5,537
Campfire Tracker
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Campfire Tracker
Joined: Dec 2015
Posts: 5,537 |
I hope some farmers piss on it before shipping!
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Joined: Jan 2016
Posts: 95,727 Likes: 2
Campfire Oracle
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Campfire Oracle
Joined: Jan 2016
Posts: 95,727 Likes: 2 |
China, as we know it, is on the verge of collapse, due to force from above - rain, and a seemingly never ending monsoon that threatens their existance.
The 3 gorges dam is at 50 ft over flood stage and thats with all gates open and flooding and eroding farms and villages and dams below it.
If it goes, so does Wuhan and Singapore, along with their food and the worlds pharmaceuticle compounds need for meds.
Ecc 10:2 The heart of the wise inclines to the right, but that of a fool to the left.
A Nation which leaves God behind is soon left behind.
"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".
I Dindo Nuffin
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Joined: Sep 2004
Posts: 29,383
Campfire Ranger
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Campfire Ranger
Joined: Sep 2004
Posts: 29,383 |
Delicate balancing act we must walk the tightrope because of what our previous crooked administrations did.
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Joined: Sep 2011
Posts: 60,941 Likes: 15
Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
Posts: 60,941 Likes: 15 |
We have to get Some, if the money back from China.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Joined: May 2014
Posts: 5,817
Campfire Tracker
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Campfire Tracker
Joined: May 2014
Posts: 5,817 |
China, as we know it, is on the verge of collapse, due to force from above - rain, and a seemingly never ending monsoon that threatens their existance.
The 3 gorges dam is at 50 ft over flood stage and thats with all gates open and flooding and eroding farms and villages and dams below it.
If it goes, so does Wuhan and Singapore, along with their food and the worlds pharmaceuticle compounds need for meds. Never underestimate the CCP grip on power or what they will do to maintain power. They are not bound by morals or laws.
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Joined: Feb 2004
Posts: 19,221 Likes: 3
Campfire Ranger
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Campfire Ranger
Joined: Feb 2004
Posts: 19,221 Likes: 3 |
Hungry people are more likely to revolt. The Chinese leadership can't risk that. It worked for Mao.
kwg
For liberals and anarchists, power and control is opium, selling envy is the fastest and easiest way to get it. TRR. American conservative. Never trust a white liberal. Malcom X Current NRA member.
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Joined: Mar 2013
Posts: 27,091
Campfire Ranger
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Campfire Ranger
Joined: Mar 2013
Posts: 27,091 |
Democrat anti-American/socialist/communist are not bound by morals or laws and will do anything to get more power.
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