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.
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
they apparently are also paid not to sell it, its some wierd agriculture legislation in those states.
It’s welfare.
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
Inflation’s up. Job’s are down. Fed’s planning to cut rates. Qualitative easing is going to start up again soon.
I don’t think this will be a soft landing.
How about those egg prices he promised would be down?
Not just tariffs, but also terrorizing and deporting the workers that the industry exploits. Even for items not actually impacted there’s also the corporate greed seeing a convenient excuse for higher profits. Just an absolute disaster all around.
notice he dropped talking about grocery right after the election, because he said he cant reduce the prices, so the MSMs never followed up on it.
MSM is generally terrible at follow ups period, and it’s not just Trump.
For decades now Republican politicians go unchallenged when they talk about “job killing regulations”.
Well, let’s have a discussion. What specific regulations do you want to get rid of? How do they kill jobs? How many jobs would it bring back if we ditched the regulations? What harm would it cause if we didn’t have that regulation?
Media: Silence.
It is almost like Tariffs are not a good idea. Who could have seen this coming!!!
