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‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China

 
Anonymous Coward
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08/13/2019 07:35 PM
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‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
U.S. farmers lost one of their biggest customers after China officially cancelled all purchases of U.S. agricultural products, a retaliatory move following President Donald Trump’s pledge to slap 10% tariffs on $300 billion of Chinese imports.

China’s exit piles on to a devastating year for farmers, who have struggled through record flooding and an extreme heat wave that destroyed crop yields, and trade war escalations that have lowered prices and profits this year.

“It’s really, really getting bad out here,” said Bob Kuylen, who’s farmed for 35 years in North Dakota.

“Trump is ruining our markets. No one is buying our product no more, and we have no markets no more.”

Agriculture exports to China dropped by more than half last year. In 2017, China imported $19.5 billion in agricultural goods, making it the second-largest buyer overall for American farmers. In 2018, that dropped to $9.2 billion as the trade war escalated, according to the United States Department of Agriculture.

China’s exit will most impact U.S. grain farmers. China is the world’s top buyer of American soybeans, buying about 60% of U.S. soybean exports last year. Analysts estimate that soybean prices have dropped 9% since the beginning of the trade war. Soybean exports to China have dropped by 75% from September 2018 to May 2019, compared to the same nine-month period in 2017 and 2018, according to data from the USDA.

“It’s killing us,” said Mark Watne, a wheat and soybean farmer who is president of the North Dakota Farmers Union. Watne said he lost $3 per bushel of soybeans he planted this year.

[link to www.cnbc.com (secure)]
Anonymous Coward
User ID: 75540213
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08/13/2019 07:36 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
Tell the Farmers the ports are closing in the East; store what food you have.
Anonymous Coward
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08/13/2019 07:38 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
Op,fuck off.our markets are ruined from airforce flooding the crops.not trump but brits controlling northrop grumman computers running phased array.
You are really pissing me off with your lies and i can make one phone call and have you fired.
Get your boss on here now!
Anonymous Coward
User ID: 23097243
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08/13/2019 07:39 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
So I guess that means our grocery prices will fall, right? They've jumped up just recently. I'll be glad when they fall again.
Anonymous Coward
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08/13/2019 07:39 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
“It’s killing us,” said Mark Watne, a wheat and soybean farmer who is president of the North Dakota Farmers Union. Watne said he lost $3 per bushel of soybeans he planted this year.

[link to www.cnbc.com (secure)]
 Quoting: Anonymous Coward 77917582


Should have planted corn and watch the chinese go hungry.
Anonymous Coward
User ID: 75540213
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08/13/2019 07:40 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
“It’s killing us,” said Mark Watne, a wheat and soybean farmer who is president of the North Dakota Farmers Union. Watne said he lost $3 per bushel of soybeans he planted this year.

[link to www.cnbc.com (secure)]
 Quoting: Anonymous Coward 77917582


Should have planted corn and watch the chinese go hungry.
 Quoting: Anonymous Coward 14667087


Who grows soy anymore?
diverdan01

User ID: 73208137
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08/13/2019 07:42 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
So I guess that means our grocery prices will fall, right? They've jumped up just recently. I'll be glad when they fall again.
 Quoting: Anonymous Coward 23097243


lol..won't happen..and FUCK CHINA. they are NOT our friend.
Anonymous Coward
User ID: 77913389
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08/13/2019 07:42 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
“It’s killing us,” said Mark Watne, a wheat and soybean farmer who is president of the North Dakota Farmers Union. Watne said he lost $3 per bushel of soybeans he planted this year.

[link to www.cnbc.com (secure)]
 Quoting: Anonymous Coward 77917582


Should have planted corn and watch the chinese go hungry.
 Quoting: Anonymous Coward 14667087


Who grows soy anymore?
 Quoting: Anonymous Coward 75540213


It's used for animal feed, especially hogs.
Anonymous Coward
User ID: 77252858
Czech Republic
08/13/2019 07:44 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
First of all, the Treasury just labeled China a currency manipulator because it devalued the yuan, and they didn't mean it in a good way. And simple math will tell you that a "cheaper" yuan means that Chinese consumers can afford fewer "expensive" dollar-denominated American imports. Which is ... not a gift.

Second, the fact that soybean prices are down an estimated 9% since Trump blustered us into this stupid trade war is nothing to brag about. The Federal Reserve finally cut interest rates, partly out of fear that the trade war is damaging the economy, and partly because inflation rates are too low.

Third of all, while some mostly large farmers are getting a windfall, most are just breaking even, or worse. North Dakota soybean farmer Mark Watne told CNBC that he lost $3 per bushel of soybeans this year, and that was before China announced it was cutting all American agricultural imports to zero.

Fourth, the news is absolutely reporting on Trump's efforts to buy off farmers using the American taxpayers' checkbook. From the linked article

"More than 2,300 counties that voted for Trump in 2016 have received money from the bailout program, and counties that flipped from voting for Barack Obama in 2012 to Trump in 2016 were more likely to get money than counties that were red during both elections"

[link to www.cnbc.com (secure)]

And finally, GODDAMMIT, THE CHINESE ARE NOT PAYING THOSE TARIFFS!
Anonymous Coward
User ID: 77843487
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08/13/2019 07:47 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
U.S. farmers lost one of their biggest customers after China officially cancelled all purchases of U.S. agricultural products, a retaliatory move following President Donald Trump’s pledge to slap 10% tariffs on $300 billion of Chinese imports.

China’s exit piles on to a devastating year for farmers, who have struggled through record flooding and an extreme heat wave that destroyed crop yields, and trade war escalations that have lowered prices and profits this year.

“It’s really, really getting bad out here,” said Bob Kuylen, who’s farmed for 35 years in North Dakota.

“Trump is ruining our markets. No one is buying our product no more, and we have no markets no more.”

Agriculture exports to China dropped by more than half last year. In 2017, China imported $19.5 billion in agricultural goods, making it the second-largest buyer overall for American farmers. In 2018, that dropped to $9.2 billion as the trade war escalated, according to the United States Department of Agriculture.

China’s exit will most impact U.S. grain farmers. China is the world’s top buyer of American soybeans, buying about 60% of U.S. soybean exports last year. Analysts estimate that soybean prices have dropped 9% since the beginning of the trade war. Soybean exports to China have dropped by 75% from September 2018 to May 2019, compared to the same nine-month period in 2017 and 2018, according to data from the USDA.

“It’s killing us,” said Mark Watne, a wheat and soybean farmer who is president of the North Dakota Farmers Union. Watne said he lost $3 per bushel of soybeans he planted this year.

[link to www.cnbc.com (secure)]
 Quoting: Anonymous Coward 77917582


Lol what kind of bullshit is this? who were they sellin to before China even started buying this soy trash? where are the american buyers or are they not mentioning that?
Anonymous Coward
User ID: 77917688
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08/13/2019 07:52 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
Hey, don't worry. Trump is coming to the rescue with taxpayer funded socialist bailout subsidies!

Thread: Trump administration will begin paying $14.5B bailout to farmers hurt by his US-China trade war by late August.
Anonymous Coward
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08/13/2019 07:55 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
Shaddowbanned agsin i see.
Anonymous Coward
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08/13/2019 07:57 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
Those aren’t farmers they are tractor drivers creating toxic food poisoning the earth
glp-smilies

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08/13/2019 08:01 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
U.S. farmers lost one of their biggest customers after China officially cancelled all purchases of U.S. agricultural products, a retaliatory move following President Donald Trump’s pledge to slap 10% tariffs on $300 billion of Chinese imports.
 Quoting: Anonymous Coward 77917582


Hey dipshit Share Blue....was Trumps tarriffs also a retaliatory move? You don't mention that....why?

Trump just put tarriffs in place for no reason???
Anonymous Coward
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08/13/2019 08:09 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
Tariffs are bad. All countries should eliminate tariffs.
Asymptote

User ID: 76695518
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08/13/2019 08:23 PM

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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
Once upon a time the US maintained an emergency food stock.

It was once considered an issue of national security that stores of food were maintained in anticipation of hard times...
Approaching the line

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Anonymous Coward
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08/13/2019 08:23 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
No worries Trump is bailing them out with taxpayers money.

You socialist love that kinda politician.

Using your money to fix the problems they caused.
Anonymous Coward
User ID: 70919137
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08/13/2019 08:25 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
Tariffs are bad. All countries should eliminate tariffs.
 Quoting: Anonymous Coward 23097243


Says the complete idiot
Anonymous Coward
User ID: 77784576
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08/13/2019 08:26 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
Good well tell the farmers to get back to reality and quit living the life of the rich and famous, which a lot of them do.

Don't even get me started, farmers are like Kings around us and always have been. Their kids are spoiled like rotten cheese, and they want for nothing......period.
Jungus

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08/13/2019 08:30 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
Trump is certainly fucking America up
diverdan01

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08/13/2019 08:31 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
your mom is ruining charlie sheen's cawk daily
Anonymous Coward
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08/13/2019 08:35 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
I hope TRUMP has talked with trade partners about shipping our farmers cash crops to multiple partners around the globe.
Anonymous Coward
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08/13/2019 08:36 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
Remote Tractor Drivers that are automated to spew tons of toxic chemicals into out food supplies are not farmers
Anonymous Coward
User ID: 77877125
Australia
08/13/2019 08:38 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
Once upon a time the US maintained an emergency food stock.

It was once considered an issue of national security that stores of food were maintained in anticipation of hard times...
 Quoting: Asymptote


STORE FOOD is big agro business to control prices...

not for emergency or hungry masses
Jack The Leper

User ID: 77805887
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08/13/2019 08:38 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
chinese troll farmer - dont listen to him.
Jerusalem, my happy home,
When shall I come to thee?
When shall my sorrows have an end?
Thy joys when shall I see?

O Christ, do Thou my soul prepare
For that bright home of love
That I may see Thee and adore
With all Thy saints above.
Anonymous Coward
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08/13/2019 08:40 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
Soyboys being worked up?

NC-ud0ntsay
Anonymous Coward
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08/13/2019 08:41 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
Yeah I had invested in a some China stocks about the same week that Trump decides to start the China tariffs!!
Truth Reaper

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08/13/2019 08:41 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
Time to diversify, look into growing something else. HEMP mother fuckers! We need good strong nooses for the traitors!

Last Edited by Truth Reaper on 08/13/2019 08:42 PM
I lost my apathy.
Off Switch

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08/13/2019 08:42 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
OPs article is FALSE. There are thousands of farm acres around me and none of the farmers are having any problems selling their crops. Even the organic alfalfa farmers who used to sell to China have their bales sold. The demand is still high for all crops.
Bad or missing keyboard. Press F1 to continue....
Anonymous Coward
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08/13/2019 08:43 PM
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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
Yeah!.......Yeah! Lets fix these trade deals but only if its painless. LOL If it's hard, lets just forget the whole thing!
1-2-Follow

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08/13/2019 08:44 PM

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Re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
Im from a farming community.

Fields are full and ive never seen a "hurting farmer", at least around here.

Hurting i guess would be them not being able to build their new million dollar homes on their farms and not able to buy a new fleet of $100,000 white chevy trucks this year
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