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Originally Posted by dyna mo
where did you come up with this? China has 900 million pigs that need soybeans for food. USA is the #1 soybean producer on the planet. Other nations can't just automatically shit soybeans to meet unmet Chinese demand.
+ Eu just promised to buy (more) soybean from the USA.
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Brazil is shipping more to China, Brazils crop used to go to the EU, the EU buying more from America.. was going to happen regardless.
China has been running around buying up every other markets stock, and like you say that still won't meet their demand. However they also have been in numerous countries looking to establish new markets, offering to build the processing plants, keep in mind its an easy crop to grow from planting to harvest is around a 100 days.
Trump might of spent the last month on Twitter, Xi's been in Africa... handing out magic beans I believe.
CEO: China not buying soybeans from US but rather Brazil, Canada - World - Chinadaily.com.cn
Xi urges liberal global trade system - Chinadaily.com.cn