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Old 07-26-2018, 10:16 AM  
BaldBastard
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Join Date: Jan 2001
Location: Sydney
Posts: 15,922
Quote:
Originally Posted by dyna mo View Post
it's way more complicated than that.

China's soybean demands eclipse the entire amount of soybean produced worldwide, excluding USA production.
https://www.scmp.com/news/china/dipl...-gap-its-trade
Soya grows pretty much anywhere, there's a lot of counties out there with a lot of farmers wondering what to put in for next season. If Trumps trade war goes on and or China keep the current policies, how long before you think other countries will meet that demand? Cos I'd predict.. not very fucking long.

BTW from your article:

"Chinese companies are doubling down on investments in South America, which is gradually joining Beijing’s “Belt and Road Initiative”. The long-term effect of this trade war may ultimately be the consolidation of Chinese infrastructure in South America. And this may also drive a possible shift of soybean prices: from the US dollar at the Chicago Board of Trade to the yuan in Dalian."
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