US Soybean Sales to China are Down 97% - Why??

[@innocentmushi3036]

Well when you Decoupling from China expect the same favor from China.

[@amandagrant4331]

Decoupling in agriculture is in the interest of both sides.

[@chriscain7333]

​​@@amandagrant43311. How delusional are you to think the by far the largest consumer of your produce decouple from you is at your best interest? 2. Agriculture? They decoupled from you in almost all aspects of developments, e.g technologies, education, military, diplomacy, they use totally different methods and philosophy of which are all alien to you now, p.s it wasn't this way before just a decade ago

[@fredfrond6148]

Brazil is gonna sell a huuge amount of corn to China. China will in turn build car and agricultural machinery in Brazil Deere is finished. Russia is gonna sell a huuge amount of wheat to China. China will in turn buy oil from Russia.

[@rawword]

@@amandagrant4331trying to make win out of a loss 😂😅😊

[@waynethorpe1341]

Agree

[@jeanhuynh8548]

You reap what you sow! Don’t cry when they decouple from you.

[@马国通靈人]

is US overproducing soyabean...? that what US say about China cars..

[@molopyane]

🤣🤣🤣🤣🤣🤣 Over capacity!!!

[@bobhu]

lol

[@一个说话大声的中国人]

Good! American farmers stopped feeding the US enemy. After all, farmers kids are going to be soldiers and fight the enemy soldiers anyways.

[@iskandarzulkarnain7236]

😂😂😂

[@brianliew5901]

Uncle Sam screwed around with China and now the Chinese screwed back. 😂😂😂😂

[@一个说话大声的中国人]

Good! American farmers stopped feeding the US enemy. After all, farmers kids are going to be soldiers and fight the enemy soldiers anyways.

[@ianrichardmorrissey6082]

People who live in glass houses shouldn’t throw stones, tariffs or sanctions.

[@aijoy923]

US military industrial complex punishing US farmers

[@一个说话大声的中国人]

Good! American farmers stopped feeding the US enemy. After all, farmers kids are going to be soldiers and fight the enemy soldiers anyways.

[@loveblindhate9318]

With 400 military bases surrounding China.

[@ianrichardmorrissey6082]

@@loveblindhate9318 well the last time we messed with the area specifically the North Vietnamese it didn’t end well now did it even with all the military bases in the general vicinity. In order to survive and prosper on the planet ya have to learn from your mistakes.

[@sktan3743]

Most people do business with friends, the friendlier the relationship, the more trade will result, In an effort to contain China, US levies numerous sanctions on China, particular high end chips export. Stopping grain imports from US is one area China shows that it will not take things lying down. .

[@fredfrond6148]

The scary part for US is that China will buy from Brazil at a lower price. The other place where it will hurt is that John Deere and their no right to repair will piss off Brazilian farmers. Chinese can build farm equipment cheaper than Deere and will not fool around with right to repair because they have better competition in their machinery markets.

[@jxmai7687]

Those sanctions never work, those product were not China have to buy.

[@HLC64]

The reaction is stopping parts is stupid...

[@HiggsBoson2149]

And many African countries are buying Ch*n@ built farming equipment and starting to produce large quantities of soybeans and other crops to replace what was previously bought from Amerikkka.

[@一个说话大声的中国人]

Good! American farmers stopped feeding the US enemy. After all, farmers kids are going to be soldiers and fight the enemy soldiers anyways.

[@ronron1388]

Who started the tariff war.

[@Zakaius]

Looks likely he's coming back Again 😅

[@CMOP-c5h]

​@@ZakaiusBiden is just as bad.

[@andrewlau9873]

Guys, do you love to do business with customers who despise and curse you everyday? You guys truly believe that US is the best trading partner?

[@pohmoh3590]

😂

[@一个说话大声的中国人]

Good! American farmers stopped feeding the US enemy. After all, farmers kids are going to be soldiers and fight the enemy soldiers anyways.

[@kevinlaw6191]

Worst is US is the supplier

[@josephdewuhan]

Dependence on US food import will give them another weapon to sanction China in the future. There are another 190 countries to do business with.

[@firstprib7742]

I am from the worlds 5th most populous nation. We in the global south know if we depend on west they will use it to squeeze and interfere in our internal affairs. No you do not have 190 countries to work with.

[@Truthstelling]

This guy at the bottom is unreal. He has no idea what US has done to China. He still thinks US is the lighthouse of the world😂😂😂😂😂

[@molopyane]

A clown if I have ever seen one!!!

[@loveblindhate9318]

Its the Western self righteous supreme hypocrisy.

[@markuc]

Also an idiot in business basics. One sentence he said China is not that important, minutes later he starts rhetoric around the importance of demand. Ideologues are screwed in the head.

[@etoiledenoundi]

He's probably never heard of Huawei and how the US 'moved' mountains to deliberately sabotage the company! It's about time Americans wake up to see what their country is doing outside its borders!

[@dleelimbu]

Grain oversupply from Us, Canada

[@absboodoo]

Maybe our food price in the North America would finally comes down eh?

[@williamlim5508]

It must be soybean overcapacity

[@เจนทัศน์เชวงเศรษฐกุล]

😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

[@quanfung5958]

AMERICANS are getting to know about CHINA...and about TRUMP + BIDEN tariffs ....hope you learn fast !?

[@frontseated5983]

Why ? Go poke your favourite butcher's eyes and tell me he would continue to chop steaks for you.

[@larrysherk]

Simple enough, and predictable. No one feels like buying stuff from someone who is habitually abusive.

[@pohmoh3590]

China rather buy from Russia, Brazil , BRICS countries. Even Argentina Milea going to China to kowtow to Xi 😂

[@MichaelYoung-gl8ou]

Things are so bad since the trade war😂. Who started the trade war?

[@johnnyq4260]

China has national security concerns

[@kevinjohnson9533]

LOL.🤣

[@DaddyLiu66]

You ask why? 😂😂 Ask the Pentagon why. 😅

[@1jh963]

When you are in the business and become choosy can't sell good stuff so your bad stuff can't sell as well

[@dariushbozorg4312]

You put 100% tariff on Chinese cars you have to deal with lost too. How stupid a must be to not recognise it!

[@HLC64]

US thinks China must buy from them .... Even though they put tariff on their elec cars and other goods. American will accept this from theor government...

[@terrywong7879]

The US farm industry is a controlled cost because of machine cost, fertilizer, farm cost if not legacy, insurance etc. The Chicago commodities board and everything else cost. The third world buys Chinese equipment at quarter cost or third cost with no insurance just cheap fertilizer and labour, so operating cost is way down. The American bread basket is gone with food plenty now.

[@一个说话大声的中国人]

Great! American farmers no longer provide food for America's enemies. After all, farmers' children would have to serve in the military anyway, fighting the enemy.

[@yoyomen8913]

With all the soyas "overcapacity" available to feed the rest of the american.

[@brucejacobs3161]

The soybeans sales are down in the United States ever since Donald Trump put tariffs on them along with machinery sales the Republican Party didn't do the farmers any good they used to be a party that would help the farmers

[@Zero01k]

Orange Man paid us a lot of money to make up for that, if you took that money and didn't invest wisely to survive worse, that's on you.

[@一个说话大声的中国人]

Great! American farmers no longer provide food for America's enemies. After all, farmers' children would have to serve in the military anyway, fighting the enemy.

[@esphilee]

When you poke the balls of a bear with a stick, you expect the bear to react. USA Canada and EU have shot the own feet. At least Australia understand what they are up against and made a U turn.

[@justmanuel2000]

When come to the problem, Americans always blame other side by not look internally. WTF

[@vgstb]

Mr. Bennett, the US agroindustry has a major overcapacity problem after the PRC decided to implement their delete America policy directive. Expect MAJOR disruptions in the coming months and years in the US agroindustry, starting with an acceleration of the number of bankrupt farmers, followed by a massive ripple throughout the whole supply chain of the industry: fertilizer production, farm machinery, storage rental, etc... As the FT stated: this year alone the impact on American business will be significant with an expected loss of 190 Billion USD.

[@pureland2703]

Let it be 100% decoupling. It's good for both the US and China.

[@vgstb]

Full decoupling from China is not possible for the US, vise versa isn't as much as a problem.

[@loveblindhate9318]

@@vgstb That's because China is #1 in manufacturing and have a very very friendly neighbor in Russia.

[@andrewlim7751]

The Americans inflation already high will go thru the earth entering outer space. 😂😂

[@waynethorpe1341]

We might see how that plays out.

[@kevinlaw6191]

they are doing it mutually already soon they will trade in different currency

[@gengwanwong8783]

US soya beans are over capacity 😂😂😂😂😂

[@jp92382]

china preparing for war and decreasing reliance on "unfriendly" exporters

[@Truthstelling]

Yes preparing for US invasion n interference n coup

[@ngbunuchai]

Three apparently serious jokers scrutinized everything but chose to act ignorant of the root cause initiated by their "smart" foreign policy makers." Always respect your clients "....that, i know; but we are American you know.

[@lawrencechong237]

China is fed up with the attitudes and bullying from the US .

[@kevinlaw6191]

Everybody is

[@lowkatherine]

US turned to export lies, but not many are buying😊

[@Truthstelling]

National Security Risk😂😂😂😂 sounds familiar😂😂😂

[@CMOP-c5h]

It is a bit rich for Matt to say China is not a fair trade partner. What about the tarriffs placed on China and other restrictions, pots calling kettle black saying comes to mind.

[@gsismaet5385]

Overcapacity soybeans.

[@edwingan1988]

Decoupling

[@lynwessel2471]

The "trade agreement" we made with China was basically they will buy the agreed to bushels if they need them and the price makes sense.

[@anandasmom]

Why do we sell overseas and buy and eat imported? Make it make sense. Do a show on that

[@EricCarlson-bz2pt]

You don't have to.

[@jxmai7687]

The sell overseas for profit, nothing to do with what you want to eat.

[@dalehinds]

Differences in price, differences in quality etc... Just because something is local doesn't mean it is automatically cheaper. You may require a different quality than offered locally, plus supply issues, availability...

[@anandasmom]

@@EricCarlson-bz2pt I was obviously referring to our government. But you're right. Thank you...

[@一个说话大声的中国人]

Great! American farmers no longer provide food for America's enemies. After all, farmers' children would have to serve in the military anyway, fighting the enemy.

[@CKO88]

Need to ask why? You keep abusing your biggest customer and blaming. Threatening them for whatever fictitious narratives you like and imagine, worst of all Without any basis ? And you ask why?

[@May-cz2uo]

Good isn't it? Let your soybean feed your poor and homeless instead. Lessen your inflation.

[@khtan585]

Did you say " fair trade " Matt? You don't even fully comprehen the meaning Mr Myopic.

[@Reutzel507]

If you subtract government spending, you have negative GDP growth. Jobs growth also 1/10th of what the report if you work through the revisions.

[@iechuanlee9326]

Ask Washington why? How naïve to think they can control others and no one can hit back.

[@anandasmom]

BRICS

[@richardkut3976]

BRICS without straw.

[@kl9518]

And BRI.

[@Freedom_from_imp]

The brics countries are trading among themselves bypassing all western exchanges. This is a huge problem for western exchanges because they can't forecast demands and prices.

[@esphilee]

USA has weaponized trade and currency. Other great nations would be stupid if they linger around and play with the bully.

[@nickkercheval2704]

We can produce but need to sell. I know Jim Suttter and USSEC works to expand the international soybean market But we need more customers

[@pohmoh3590]

No one can replace 1.4Billion Chinese market 😂

[@JkLow]

Why this happen? You know I know all over the world know exactly why.....

[@chriscain7333]

What goes around comes around

[@vivatan13]

Takes two to Tango 😊😊😊.

[@WeAretheWorld89]

US should donate the corns, soya beans to Ukraine or Philippines instead of weapons

[@dennisstir1982]

The last i read china has stockpiled over 60%of all the food commodities in the world they might be out of storage ever think of that

[@jxmai7687]

China has strategic storage for 3 years, that is why their can keep retail price stay low as well.

[@ABa-e5u]

it should be a good news for us customers because theoretically they should cut price down to avoid wastage?

[@buckeyefarmboy107]

Looking like insurance year in Southern Ohio, low prices, and low yields, extremely dry.

[@bobocaterpillar3697]

No, you PAY for crop insurance, just like regular insurance, but you HOPE you don’t have to use it because you get paid a reduced ed rate … but atleast you get SOMETHING

[@walhdamaskus2408]

Since when the US (no mean to honest american farmer) is trading fairly?

[@chewy1709]

Gaza Lebanon Iran We support you always!! 加沙 黎巴嫩 伊朗 我们永远支持你!!!❤

[@ang1783]

US can treat this as a sanction to China😅 country security

[@brianhong301]

THANK YOU CN. NOW POOR NATIONS CAN GET THEM FOR 1/3RD THE PRICE OR US CAN USE THEM AS FERTILISER !@#$

[@richardkut3976]

The day may come when they can't. Beans processed to oil, security issues, not a favored trade partner, who knows.

[@mustafazahari9793]

2 can play the game....😂😂

[@TUHANbukanorangARAB]

US farmers should sell al soybean to South East Asia specially Indonesia.

[@truthful3777]

Very expensive, Russia is cheaper.

[@TUHANbukanorangARAB]

@@truthful3777 Stupid Capitalists, defeated by competition.

[@willdoit222]

These people are dumb

[@MJDial]

Will heavy rainstorms be an issue for increased purchases?

[@ogkillingpunchline]

You guys don't need China, if you did, you would talk less shhhht about them. So, why even mention?

[@yliang1688]

There is a smart person here ............... 🤩🤩🤩🤩 knows what is going on in the world.

[@esphilee]

Words of wisdom.

[@tonywong7992]

matt u r clueless

[@scottsmith6631]

China is awash in milk, to the point where they are liquidation some cows and dehydrating massive amounts of milk into milk powder. Is this a reflection of their economy and does it have a negative impact on their buying other ag commodities, like soybeans?

[@WeAretheWorld89]

Tariffs and sanctions, started with a TV host, not economy expert, who said trade wars are easy to win.

[@GrainMarketsandOtherStuff]

Good morning! Is the best yet to come with regard to Chinese demand??

[@lilblackduc7312]

Is the extreme Chinese weather that's in the news going to be a factor?

[@ttanne7838]

@@lilblackduc7312 I wonder how many people China has? Bugs told me things are a mess in China. Have been for along time. Then Taz said something and Daffy and Bugs both had an awful look on their face. But I cant understand Taz.

[@lilblackduc7312]

@@ttanne7838 At first, I thought Taz only had a speech impediment. You get used to it after a while.

[@ttanne7838]

@@lilblackduc7312 Yeah Okay But what did he say What did he say?

[@lilblackduc7312]

@@ttanne7838 He said it was "Rabbit Season". Whoo Hoo...

[@DouglasW-m9z]

Hey, your allies countries may desperately want some, especially India

[@wingowingo2928]

but India doesn't want to pay the price China used to pay.

[@brck888]

They can buy Brazilian and Argentine soybeans and not be intimidated by trade

[@qnbits]

Preciously hold onto your current agricultural production to ride the coming dust bowl.

[@waynethorpe1341]

Sales outside Dollar now. Invisible

[@MyPapapapa-qt8cb]

China said due to their national security so they decrease buying from US.

[@darrellwilliams5995]

These countries have told us what they want and we snubbed our nose, they don't want certain GMOs or even any GMOs, and that is in grains and livestock. China's equivalent to US soybean right now is $13.95.

[@fredfrond6148]

Plus you tariff them.

[@chriscain7333]

Its called retaliation, nothing to do with quality or quantity of the produce, plus, brics farmers offer better products at lower price

[@lilblackduc7312]

Probably 36% of GDP is government spending, especially products & hardware for Ukraine. Strip that out and GDP would be harshly negative. Y'all have a fine weekend! 🇺🇸 👍☕

[@ttanne7838]

You should of said "That's all folks" LOL

[@lilblackduc7312]

@@ttanne7838 I do sometimes. I do like to steal the line from that screwy rabbit and answer the telephone, "What's up, Doc". Lol

[@ttanne7838]

@@lilblackduc7312 😄

[@truthful3777]

Isnt it part of trade Sanction? US is concerned of making PLA strong and healthy.

[@richardkut3976]

Is this the begining of a "Dust Bowl".

[@joedirt8535]

I thought that the last couple years here in Eastern iowa . Last year around 6" total, this year 39" since March 1.

[@richardkut3976]

@@joedirt8535 Hello, Volatility is often a harbinger of big change. Take care,

[@taiwanstillisntacountry]

Why? Why not?

[@uhu597]

And who do they blame that on?! Unbelieveable

[@JustinBarkman]

Matt thank you for acknowledging that we exist in the east and grow and feed corn. I live in South Central pa and the corn for the most part is toast. I did see a place in morrisons cove yesterday that actually looked really nice i then learned that they got around 2 inches early in the week but for the most part where i live and south of me it is really bad.

[@BK5250]

I’m in north of you and I was down in Lancaster area and couldn’t believe how bad it looked. It’s absolutely toast.

[@waynethorpe1341]

🎉Because of Australia's Behaviour it has lost Most of its sales this year.

[@andreinastase1604]

If USA want to sell them drop the price by 50% and will sell.

[@Truthstelling]

Self comforting is understandable😂😂

[@AZARILENTERPRISE]

why i want to buy from seller that are rude and shouting at me everyday...

[@Dokonaj]

Loving china looking towards Brazil and global south for grain

[@AnnieT369]

This is what happens when threatened by decoupling.

[@michaeltrinkle4197]

With so many big issues for farmers and locals as well someone asked the question this morning what happens when the un stops funding the credit cards of 12million illegals??china is and will get their grain.but as a comment "2 asked we sell to other countrys an buy back as much or more.buying what we already have an can an do produce what is the point?importing more than exporting for decades?a math problem.Thanks for keeping up on the market issues.

[@马国通靈人]

why? lol...

[@Maurice-q1v]

We're not all in this togather

[@SchuarJavert]

With such a reduction of American soy bean import, the poor Chinese must be starving! American sanctions are such an ingenious idea ! 😂😂😂

[@pohmoh3590]

China, China, China 😂

[@MrVitorao]

and Brazil took over

[@freeskier64]

American must solve their soybean overcapacity problem . I suggest they eat more tofu, and use the tofu dreg to improve their infrastructure 😂

[@theinfralink6598]

I wonder why 😮😀

[@indodom1141]

The world has decided to derisk from the usd

[@waynethorpe1341]

Brazil Alternatives are many.

[@เจนทัศน์เชวงเศรษฐกุล]

China want to buy semiconductor.

[@kevinl7173]

BRICS countries took the business away

[@Jjirehc]

Do unto others and the same will apply to us too