Is China LYING About its Grain Situation?

[@GrainMarketsandOtherStuff]

Note: USDA announced a sale of sorghum to China a couple of hours after this episode was uploaded. LOL.

[@Luke-br1hr]

Blows my mind how shipping cooking oil halfway around the world is "greener" than stuff that is literally grown in our own country

[@ttanne7838]

hey man you just anint woke enough! thank you!!!

[@beercatphil]

If you're actually curious, even though ocean shipping makes up 75% of global freight, trucks account for about 2/3 of freight related emissions. Ships carry so much at once that their efficiency is off the charts. In terms of raw output, ocean miles don't really matter when compared to road miles. (google "climate MIT freight" for more info) On top of that, emissions from producing the oil count against it when it is bought for its primary purpose: cooking. This means that its production emissions are counted as either zero or as the percentage of total sell +resell revenue when resold for this purpose.

[@ttanne7838]

@@beercatphil it still takes a truck

[@beercatphil]

@@ttanne7838 I hear ya, but ocean shipping emits less than producing a new crop. If I were running things I'd still protect my farmers over Chinese oil resellers though.

[@chillxxx241]

I believe the objective is to recycle “waste” product and not to grow more crops for biodiesel.

[@robkent6321]

As a Canadian Wheat and Canola producer I would agree that the yields in our area of East central Alberta will be down by 1\3 of the last few years.

[@prairiebrothers9044]

Where are you? Hearing50 bu acre near kindersley for CWRS. Durum will disappoint but CWRS and cpsr will definitely surprise to the upside later on. Manitoba pulling off 90 bu/acre now. Northern Alberta well above estimates of 65 bu/acre.

[@konopelskifarms]

Wheat crop in North west central Saskatchewan is terrible. We have a 60 bushel dry land stand and it’s yielding 33bu/ac. Huge disappointment. Shrivelled small kernels. Light weight barely low yields. Canola yields will be way down. Stats Can still has it wrong. Plus we just had a massive rain system on dead ripe shrivelled grains. Quality is going down the tubes with this rain.

[@zachbrueggeman9748]

U.s farmers need cattle back on the farms. Better return on investment running corn thru the animal and then putting the manure back on the field.

[@EricCarlson-bz2pt]

I agree, and more importantly clean meat.

[@CuriousEarthMan]

What IS the market price for used Chinese cooking oil, and where are the prices posted? Also for other country's and U.S. used cooking oil prices, where can they be found? Thank you!

[@JK-zw8ec]

Very informative and useful report.

[@farmermatt629]

GMO wheat awful idea don’t do it farmers

[@LHFarmsTN]

Thanks for what yall do!

[@beetfarmerbryce9916]

Wheat stocks are the lowest they’ve been in years and yet we’re selling wheat in the 3’s after protein discount. Something fishy going on around here.

[@Friendznco]

it's called Russia.

[@twt000]

@@Friendznco Wheat is lower due to inflation subsiding also. Summer 2020 prices.

[@EricCarlson-bz2pt]

It's called money changing aka ( jewerey).

[@kurtkalenberg7454]

No country would ever lie about how much grain they have or need. If China has plenty of grain then they shouldn't import that much from SA then right?😂

[@chillxxx241]

South Africa had to take out a large “loan facility” from China of several billion dollars because the US dollar was growing too expensive. China is now tied to South Africa for some level of trade. It also helps to diversify supply chains from the US should they attack Taiwan.

[@Friendznco]

@@chillxxx241 SA is South America my guy.

[@twt000]

@@chillxxx241 South Africa is ZA.

[@cherylpringle3397]

​. Africa is a mess.

[@tonykirby4809]

I'm all for helping farmers but I disagree on putting ethanol in avgas. Avgas needs to remain pure.

[@ttanne7838]

pure with the dangerous chemicals in the gas. well maybe a little ethanol is okay?

[@capt.america6296]

NDSU I put out a study a couple years ago that proves ethanol puts out 20% more CO2 emissions and greenhouse gases than just using plain old fossil fuel. It’s a joke and they’ll cater to the farmers who want to subsidies for the corn and soy beans all financed and put on the back of the taxpayers. Hopefully it all crashes so I can buy a family farm and let everybody else pay for it

[@Ganyersel]

That's the 'deep dive' on wheat production that I needed to see. Just a shame that the low ending stocks to use doesn't appear to have any impact on this years current price.

[@1800Mstreet]

Chinese officials are worried their corn farmers are going to get hammered by low prices this fall. They can turn corn imports on and off with their import quota but they have no quotas for sorghum or barley. Chinese feed mills will buy whatever is cheap...if they're allowed to do so.

[@anabolicamaranth7140]

Mr. Ping would not lie, how could you even suggest that?

[@kansaskristi]

😂

[@denniskurtz1428]

Another rain bomb went off in ND again last night. 1.5 to 2.5 inches. There went more quality in the toilet. Been harvesting at 17 to 18 moisture running it through dryer to keep some quality. This is turning out to be the harvest of hell.

[@northrockboy]

that rain camus up to south MB. we kept going till 3am to finish canola field. thunderstorms kept rolling by to east and west. gonna be extra toughnon big oat growers here. lots of big swaths on the ground with little stubble to get air in swaths

[@billboon]

They are buying not from the us system ... They are settling of wheat trade outisde of the wheat trade own by the us

[@urokim]

carbon footprint more BS

[@jeffac500]

I don't understand how russia can continue to flood the wheat market for so long.

[@ttanne7838]

You would have wonderful yields to if you pulled into the farm a few miles down the road.

[@TimCoffman-h7d]

I don't either. I call B.S.

[@twt000]

China today has 100,000 1 hectare small private grain farms. America once did too. Domestic small markets matter.

[@NB-lh9pj]

We import and export genetically modified crops? (🤔)

[@GrainMarketsandOtherStuff]

Yes. Mainly export.

[@ttanne7838]

maybe it is time to rethink the GMO trend Find out the real difference in food quality and soil health.

[@davidkottman3440]

Is no difference, but people don't want to believe it, so huge public relations problems. ​@@ttanne7838

[@davezalinko1354]

Stats Can has zero clue what’s out there. 50 lb wheat and durum won’t go far.

[@GrainMarketsandOtherStuff]

Good morning! Will China buy ANY corn from the US during the next 12 months?

[@kansaskristi]

As long as our traders keep tanking the markets, China will wait.

[@jimmy999-z2j]

Good morning