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Corn exports
Does China know something the USDA refuses to acknowledge that maybe we may just possibly run out of corn before next harvest. Last September we were supposed to have 2.2 billion bushels of carryover but the elevators in the Midwest were begging farmers to bring corn in wet by offering a premium that would pay most of the drying expense.
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Re: Corn exports
Do not several of the grain terminals located along the Mississippi river have China ownership or vested interest? Kind of like insider trading or market manipulation when you have this level of inside information. If corn in China is $12 and a U.S farmer will sell what he produces for $5.5, who's making the big money now? President Trump did more to expose the real China control of the world markets. I would bet many will soon forget because it's hard to complain when prices are up 60% .
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Re: Corn exports
E G T would be a hint , ownership & destinations B O L - - -
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Re: Corn exports
I’m defaulting to the view that the government pouring vast sums of money into farmers’s pockets before the election creates a shortage.
Time will tell.
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Re: Corn exports
I'm defaulting to the view that since Brazil's interior price is a $ higher than our iowa to S Dakota prices and the early Argentina corn yields are disappointing and their early bean harvest is expected to be short too, that we are the only game in town.
Not sure we have the "burdensome" supply that has been advertised.
Will be known as the "great '19 grain robbery" sponsored by our own USDA. Supported by 'Ol Ma Nature on 3 continents
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Re: Corn exports
Great question Riverlandfarmer.
And sd. thanks for reminding us that Trump was right on most everything.
China has no respectability. Nor do the US companies that partner with them. Especially the tech companies that avoid taxation in the US by partnering with China.
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Re: Corn exports
I saw an interesting read in BBC this morning
https://www.bbc.com/news/world-us-canada-56410177
interviewing young people on china vs US relations.
nice read.....
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Re: Corn exports
Bids the question of the large scale pork producer tran$fer of ownership a few years back to Asian hands , left any thoughts of regret for those management $ellers - ?
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Re: Corn exports
Laws as they are written, and passed by progressive manure slingers.............................. well lets just say the "You have to pass it to see what's in it" theory applies to the application of the law. Now that it is law we will have to "Wait and see how it is applied" to know what it means.
Great example......... foreign ownership of assets within the US.
hate speech, ethnicity, abuse laws, health mandates, and gun laws ......... the number of laws on the books that can be enforced in ever changing ways ............. like congress is now a PTA meeting.