Farmers won’t destroy anything unless they get paybacks for it. If you have 2,000 pounds of an item and need to get rid of it, you get rid of it for whatever price you can. Maybe larger companies will go in 'cohoots" but yes, prices should fall on products made here that were supposed to go over seas till next season when they plant less, and plant more of what they believe is more profitable… or not at all
china already found another major supplier(s) after trump tariffed soy in the first term, this is just final straw on a dying soybean farming in the usa.
Not sure I understand this. We make fuck tons of soybeans here, and we don’t consume that much I don’t believe. So we should have to much, unless we somehow can’t export our corn as well, and then make ethenol for our gasoline out of it. But I highly doubt that would happen do to changes/efficiency
Soybeans should be mad cheap right?
Guess we’re all soy boys now.
Nope because farmers will typically destroy produce to avoid crashing the price.
Expect large portions of the crops to be burned this year.
they apparently are also paid not to sell it, its some wierd agriculture legislation in those states.
It’s welfare.
Farmers won’t destroy anything unless they get paybacks for it. If you have 2,000 pounds of an item and need to get rid of it, you get rid of it for whatever price you can. Maybe larger companies will go in 'cohoots" but yes, prices should fall on products made here that were supposed to go over seas till next season when they plant less, and plant more of what they believe is more profitable… or not at all
50% tariff on one of the world’s largest soybean exporter
china already found another major supplier(s) after trump tariffed soy in the first term, this is just final straw on a dying soybean farming in the usa.
Not sure I understand this. We make fuck tons of soybeans here, and we don’t consume that much I don’t believe. So we should have to much, unless we somehow can’t export our corn as well, and then make ethenol for our gasoline out of it. But I highly doubt that would happen do to changes/efficiency