Announcement

Collapse

Message to all users:

https://carm.org/forum-rules

Super Member Subscription
https://carm.org/carm-super-members-banner-ad-signup

As most of you are aware, we had a crash to forums and were down for over two days a while back. We did have to do an upgrade to the vbulletin software to fix the forums and that has created changes, VB no longer provide the hybrid or threaded forums. There are some issues/changes to the forums we are not able to fix or change. Also note the link address change, please let friends and posters know of the changed link to the forums. For now this is the only link available, https://forums.carm.org/vb5/ but if clicking on forum on carm.org homepage it will now send you to this link. (edited to add https: now working.

Again, we are working through some of the posting and viewing issues to learn how to post with the changes, you will have to check and test the different features, icons that have changed. You may also want to go to profile settings,since many of the notifications, information in profile, also to update/edit your avatar by clicking on avatar space, pull down arrow next to login for user settings.

Edit to add "How to read forums, to make it easier."
Pull down arrow next to login name upper right select profile, or user settings when page opens to profile,select link in tab that says Account. Then select/choose options, go down to Conversation Detail Options, Select Display mode Posts, NOT Activity, that selection of Posts will make the pages of discussions go to last post on last page rather than out of order that happens if you choose activity threads. Then be sure to go to bottom and select SAVE Changes in your profile options. You can then follow discussions by going through the pages, to the last page having latest responses. Then click on the other links Privacy, Notifications, to select viewing options,the forums get easier if you open all the tabs or links in your profile, user settings and select options. To join Super Member, pull down arrow next to login name, select User Settings and then click on tab/link at top that says Subscriptions.

Thank you for your patience and God Bless.

Diane S
https://carm.org/forum-rules
See more
See less

Soybeans plunge to fresh lows as Trump's trade war persists

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • #16
    Originally posted by reepicheep View Post

    Not exactly.

    In 2017, Mexico purchased 23% of US pork exports ($1.51 billion worth), mainly in the form of whole hams. So, on the basis of Mexico alone, your claim that "very little pork primal cuts are exported" is false. The tariff Mexico has placed on pork will cost US farmers approximately $1 billion.

    In 2017, China was the second largest purchaser of pork ($1.08 billion). And, as you point out, much of their purchase was of offal. Now that China has stopped buying it, the market for American hog offal has virtually disappeared, so the direct cost to American farmers of the loss of Chinese sales will be $1 billion. It will be impossible to make up this $1 billion by selling the offal elsewhere, since no country but China wants it.

    True, the price of hog feed is down. But that savings is being taken out of the pockets of American grain farmers. Why do you think it is a good thing, that American grain farmers are losing billions of dollars in lost sales, and forced to sell high value soybeans as pig food at a huge discount, instead of selling it at a premium to China for human consumption???

    You do realise to whom you are replying, don't you?

    On the evidence:

    If there were no Patriarchs, no Exodus, no conquest of Canaan, no united monarchy under David and Solomon. Can the early biblical Israel described in the books of Moses, Judges, Joshua, and Samuel, ever have existed at all?

    Comment


    • #17
      Originally posted by Nouveau View Post

      You are not an ag scientist. I get gubment subsidy checks to not plant rye
      thank you

      It's been a while

      Comment


      • #18
        Originally posted by Nouveau View Post
        Marxists


        Originally posted by Nouveau View Post

        I get gubment subsidy checks to not plant rye

        Originally posted by Nouveau View Post
        uneducated[/COLOR]


        Originally posted by Nouveau View Post

        Yes. There is no and never was a human/primate common ancestor.

        Comment


        • #19
          Originally posted by backup View Post

          thank you

          It's been a while


          Socialists are not adapted to farming.

          Comment


          • #20
            Originally posted by Nouveau View Post
            Liberals don't know the difference between income and profits. Net profits. That is why we elected a business man.

            As a shrewd farmer and accountant, in the last weeks of the year, I and others decide how much money to make. We buy fuel, tires, equipment, fertilizer for expense deductions. These are not amortized over time. Then we also sell crops and place commodity positions. For a John Deere combine using Modified Accelerated Cost Recovery System with a new MacDon header a good sized depreciation.
            Didn't you claim on another thread that you weren't a farm, Cowboy-Commodore?
            "All national institutions of churches, whether Jewish, Christian or Turkish, appear to me no other than human inventions, set up to terrify and enslave mankind, and monopolize power and profit." - Thomas Paine - THE AGE OF REASON

            Comment


            • #21
              $9.50/bushel - soybean cash price, six weeks ago

              $7.35/bushel - soybean cash price, today (Friday July 13)

              a drop of 22.6% in six weeks

              https://www.yankton.net/community/ar...22aa5cf6c.html

              Tariffs, trade war put Soybean Producers in a Painful Bind

              The American trade tariffs went into effect only last week, but Tyronne Bialas is already seeing the impact for this fall’s harvest.

              "I just shot an email to our team of grain buyers reminding them that, about six short weeks ago, we were looking at $9.50 beans and $3.50 corn," he said. "What we’re seeing is a large drop, and it happened extremely fast. Today, corn was $3 and soybeans were down to $7.35 for the cash price. We don’t know when things will turn around."

              Farmers may not see the actual financial impact until harvest and sale of the crop, Rounds said. But at that time, the producer will realize the losses and face pressure from bankers to sell the crop and pay off loans, the senator added.

              "Make America Rake Again"

              Comment


              • #22
                Today I will look at 4 things. Soybean inventories, Argentina drought, acres planted and spot market volume. Dingaling leftists are blocked from analytical tools.

                Argentina has worst drought in 30 years and now God dumped heavy rains during harvest. Brazil crop is up. Fungible commodities trading is global in scope.

                Comment


                • #23
                  Originally posted by Nouveau View Post
                  Today I will look at 4 things. Soybean inventories, Argentina drought, acres planted and spot market volume. Dingaling leftists are blocked from analytical tools.

                  Argentina has worst drought in 30 years and now God dumped heavy rains during harvest. Brazil crop is up. Fungible commodities trading is global in scope.
                  We look forward to your learned technical analysis of the bean situation. We could use it to base our investment decisions on.

                  Comment


                  • #24
                    Originally posted by simplicio View Post

                    We look forward to your learned technical analysis of the bean situation. We could use it to base our investment decisions on.
                    I am a quant and my published specialty is in equities trading. I don't do commodities even tho I may be the only CARM member that has been to 20 S. Wacker Drive.Chicago. The CME

                    Weather, foreign acreage, monetary exchange rates crop yields are factors I don't follow.

                    Comment


                    • #25
                      Originally posted by Nouveau View Post

                      I am a quant and my published specialty is in equities trading. I don't do commodities even tho I may be the only CARM member that has been to 20 S. Wacker Drive.Chicago. The CME

                      Weather, foreign acreage, monetary exchange rates crop yields are factors I don't follow.
                      Very impressive Nouveau!

                      Comment


                      • #26
                        Originally posted by simplicio View Post

                        We look forward to your learned technical analysis of the bean situation. We could use it to base our investment decisions on.
                        I don't know beans about soy speculation. I know Jesus and he has control of the rain which impacts yields. I know farmers and if they increase acreage for soy, crop surplus levels put downward pressure on prices. I know cattle, hogs and chickens find soybean meal as tasty. I know chubby Americans eat a lot of french fries fried in vege oil. I know a farmer will complain about crop prices and losing money and buy a new Ford pickup in December to get depreciation on this years taxes.

                        Review the above factors and tell me why some neurotic liberals think Trump influences any of them.

                        Comment


                        • #27
                          I just read something interesting about US soybean farmers.

                          The cost of producing a bushel varies from state to state, and ranges from $9.63 to $11.41 per bushel.

                          US farmers are currently receiving around $7.90/bushel.

                          Do the math...

                          https://seekingalpha.com/article/418...ation-gone-far
                          "Make America Rake Again"

                          Comment


                          • #28
                            Originally posted by reepicheep View Post
                            I just read something interesting about US soybean farmers.

                            The cost of producing a bushel varies from state to state, and ranges from $9.63 to $11.41 per bushel.

                            US farmers are currently receiving around $7.90/bushel.

                            Do the math...

                            https://seekingalpha.com/article/418...ation-gone-far
                            Global Warming.

                            Blame alGore, he replaced his mouth as the afterburner for his private flying petro guzzler. A full half of a degree improvement. I kid you not likely!
                            “An atheist has to know a lot more than I know. An atheist is someone who knows there is no God.”
                            Carl Sagan

                            God is love.

                            Comment


                            • #29
                              Originally posted by JamesTheLesser View Post

                              Global Warming.

                              Blame alGore, he replaced his mouth as the afterburner for his private flying petro guzzler. A full half of a degree improvement. I kid you not likely!
                              He has been quiet lately.

                              The only tipping point was Tipper.

                              Comment


                              • #30
                                Looks like Canadiot TrueDolts sock puppets are failing

                                As many have discussed, due to their volume requirements China cannot secure their supply chain for soybeans without purchasing U.S. soybean crops. China can purchase soybeans from Brazil and Argentina; however, that only leads to Argentina increasing it’s soybean purchases from the U.S. Amplifying this issue are current lower yields from South America in their soybean crops.
                                US resumes soybean shipments

                                Trade Report: China May Have To Resume U.S. Soybean purchases Within Weeks…

                                In July, China imposed import tariffs on a list of U.S. goods, including soybeans, as part of the trade dispute with the United States. China is the world’s largest soybean importer and has been seeking alternative supplies, especially in South America, where supplies available for export are down.

                                “China has to resume purchases of U.S. soybeans,” Oil World said in its latest newsletter. “The South American supply shortage will make it necessary for China, in our opinion, to import 15 million tonnes of U.S. soybeans in October 2018/March 2019, even if the current trade war is not resolved.”

                                Chinese purchases of U.S. soybeans could re-start “in coming weeks,” Oil World added.

                                Soybeans, crushed to make cooking oil and the protein-rich animal feed ingredient soymeal, were the biggest U.S. agriculture export to China last year at a value of $12.3 billion, according to the U.S. Department of Agriculture.
                                https://www.reuters.com/article/us-s...source=twitter

                                Trump is winning and the haterz lose.

                                Comment

                                Working...
                                X