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Posted By: OldmanoftheSea China corn purchase - 07/14/20
So China Just bought more corn from us then the ever have before.
Great for American corn producers...

But it makes me wonder..

In 1913 Germany was buying gold and borrowing heavily at the corporate level...

Should we worry that the Chinese can feed their pigs for a really long time?
Posted By: wabigoon Re: China corn purchase - 07/14/20
Our corn is for sale to the highest bidder.

Nothing wrong with trade as long as we get a fair deal World trade is as old as Marco Polo.
Posted By: Oldelkhunter Re: China corn purchase - 07/14/20
As long as they pay for it and hopefully exorbitantly I am ok.
Posted By: slumlord Re: China corn purchase - 07/14/20
We play Marco Polo in the pool

Cheaters get the hose
Posted By: doctor_Encore Re: China corn purchase - 07/14/20
I recall reading many weeks ago that China wheat crop was going to fail due to some fungus. China is just trying to insure their people have 1,200 calories per day.
Posted By: Dess Re: China corn purchase - 07/14/20
I heard that you only had to put a seed in some dirt....

Hats off to the farmers and ranchers. smile
Posted By: urbaneruralite Re: China corn purchase - 07/14/20
So how much does it cost US taxpayers to subsidize the corn that China gets?
Posted By: OldHat Re: China corn purchase - 07/14/20
Originally Posted by OldmanoftheSea
So China Just bought more corn from us then the ever have before.
Great for American corn producers...

But it makes me wonder..

In 1913 Germany was buying gold and borrowing heavily at the corporate level...

Should we worry that the Chinese can feed their pigs for a really long time?

The heavy rains, floods and corruption are causing grain stockpiles to rot. Key word Sinograin.
Posted By: Hubert Re: China corn purchase - 07/14/20
Our farmers need a break... ease up.
Posted By: Stickfight Re: China corn purchase - 07/14/20
Originally Posted by wabigoon
Nothing wrong with trade as long as we get a fair deal


The fairer deal, long term, would be starving a good portion of China to death.
Posted By: Idaho_Shooter Re: China corn purchase - 07/14/20
Originally Posted by OldmanoftheSea
So China Just bought more corn from us then the ever have before.
Great for American corn producers...

But it makes me wonder..

In 1913 Germany was buying gold and borrowing heavily at the corporate level...

Should we worry that the Chinese can feed their pigs for a really long time?

China has been buying pork across Europe and Australia for a couple years due to swine flu decimating their hog production.

My guess is the average resident of china is going to learn to eat corn flakes for breakfast instead of ricecakes.
Posted By: hanco Re: China corn purchase - 07/14/20
Maybe they are going in the whiskey business??
Posted By: ERK Re: China corn purchase - 07/14/20
Man they are gonna do ethanol to save the planet. Those communists are way ahead of us in that department. All the Antifa morons think Chinas the greatest thing since bacon. Ed k
Posted By: hatari Re: China corn purchase - 07/14/20
Part of Trump's deal with them to ease the trade deficit. They buy agricultural products from us.
Posted By: renegade50 Re: China corn purchase - 07/14/20
They are hoping to flood the cereal market if Biden wins( fat chance)
with a Celebratory Corn Pops edition.

[Linked Image from i.postimg.cc]
Posted By: hanco Re: China corn purchase - 07/14/20
I hope this doesn’t make deer corn go up!!
Posted By: Hastings Re: China corn purchase - 07/14/20
Originally Posted by urbaneruralite
So how much does it cost US taxpayers to subsidize the corn that China gets?
Good question
Posted By: OldmanoftheSea Re: China corn purchase - 07/14/20
Originally Posted by Hubert
Our farmers need a break... ease up.


Like I said it's good for American Corn Producers.

Are the numbers way out of line?
Or is it just a little bump up...

Heard it on RFD network, (1.x billion metric tons, tonnes?) So not MSM, but I didn't see a trend line so I don't know how it compares...
It is something like 12x the soybean purchase number...(12x,000??).
Crap
I forget the unit on the soybeans. My multiple may be off.

Thanks Hatari,
Maybe it was expected which is why prices didn't react they did say "it was already done"
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