Poll: US Should Confront China on Trade

[Dusty Britches]

Yes, the US lost some agriculture commodity market in China, but it will come back.

We are the only country that can feed the world. For example, the rest of the world combined cannot meet China's demand for soybeans. They have to buy from US.

[Razrbk89]

Yes, the US lost some agriculture commodity market in China, but it will come back.

We are the only country that can feed the world. For example, the rest of the world combined cannot meet China's demand for soybeans. They have to buy from US.

I don’t want to be argumentative, but that’s not true^^^.

Brazil is ramping their soy production as fast as they can.

I understand that the hit to the Ag industry might just be collateral damage for the overall trade war, but I really wish more people were better informed.

https://www.google.com/amp/s/www.upi.com/amp/Top_News/US/2019/08/08/Chinas-decision-to-cease-agricultural-imports-rocks-US-farmers/6121565219719/

Even if a trade deal is struck tomorrow, many industry experts worry that the market no longer will be there.

Most of those trading partnerships were created by individual companies and trade associations that spent decades cultivating relationships with Chinese buyers, Rogers said.

"When we take our product away from our customers, we teach them that they can operate at full capacity without us," said Kirk Leeds, CEO of the Iowa Soybean Association. "I just don't think it is likely that we'll get the full market back that we had. But, we aren't going to get any of it back without a trade agreement."

[SaltwaterSlick]

I don’t want to be argumentative, but that’s not true^^^.

Brazil is ramping their soy production as fast as they can.

I understand that the hit to the Ag industry might just be collateral damage for the overall trade war, but I really wish more people were better informed.

https://www.google.com/amp/s/www.upi.com/amp/Top_News/US/2019/08/08/Chinas-decision-to-cease-agricultural-imports-rocks-US-farmers/6121565219719/

Even if a trade deal is struck tomorrow, many industry experts worry that the market no longer will be there.

Most of those trading partnerships were created by individual companies and trade associations that spent decades cultivating relationships with Chinese buyers, Rogers said.

"When we take our product away from our customers, we teach them that they can operate at full capacity without us," said Kirk Leeds, CEO of the Iowa Soybean Association. "I just don't think it is likely that we'll get the full market back that we had. But, we aren't going to get any of it back without a trade agreement."

Yea, and I remember how all these manufacturing jobs are gone forever and that we must "get used to the new normal"... All you doom n gloom folks need to just take a breath and ease up. Your rhetoric is getting old and most folks don't buy into it... ...heard it too often for too long... Instead of complaining about all the reasons why something won't work, how 'bout getting busy and figure out how maybe you can make things work... Seen it happen time and time again in other industries, especially the oil patch... "we're going to run out of oil"... how many time you heard that? :rolleyes"... Innovation and resources will trump panic every time.


Not specifically directed at you Razorback, but what you are sayin' just gets old and has never been the way out of a problem... Your post is just an example of a much wider attitude that needs fixing in this country.

[Dusty Britches]

I'm just repeating what I hear on Texas Ag News Network every morning.

[batmaninja]

I am not nearly as knowledgeable as some on this thread. But can somebody help me understand what is making farmers in Arkansas want to feed China versus America?


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[sqiggy]

I am not nearly as knowledgeable as some on this thread. But can somebody help me understand what is making farmers in Arkansas want to feed China versus America?


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I don't think it's a matter of who is feeding who.
It has to do with how much money a farmer is making off his crop selling to China.
Apparently, China was paying top dollar for beans.
Just my guess.

[batmaninja]

I don't think it's a matter of who is feeding who.

Thats where my line of thinking is coming from though. We have the food, and they need it. An exponentially growing population and limited agricultural land, leave China with limited options. They have what exactly, cheap electronics and cars, our debt?

I am not sure what levers are being pulled here, but I know theres a lot of them. I just think that we have a better hand than they do, and finally have a better person playing that better hand; the way it should have been played all along.

[Pedernal]

Thats where my line of thinking is coming from though. We have the food, and they need it. An exponentially growing population and limited agricultural land, leave China with limited options. They have what exactly, cheap electronics and cars, our debt?

I am not sure what levers are being pulled here, but I know theres a lot of them. I just think that we have a better hand than they do, and finally have a better person playing that better hand; the way it should have been played all along.

You are correct in my opinion. I am not by any means an expert on anything. The issue is when the "trade war" started to get serious China new how to creat a situation that would hurt the American farmer. China knows full well what they are doing and that their actions are trying to creat a wedge between Trump and some of his voters.

Stuff like soy beans and other commodities have become so globally " traded " and are generally in such large quantities that even if the consumer declines the product for a short time their will be a great loss to the producer.

[Razrbk89]

Yea, and I remember how all these manufacturing jobs are gone forever and that we must "get used to the new normal"... All you doom n gloom folks need to just take a breath and ease up. Your rhetoric is getting old and most folks don't buy into it... ...heard it too often for too long... Instead of complaining about all the reasons why something won't work, how 'bout getting busy and figure out how maybe you can make things work... Seen it happen time and time again in other industries, especially the oil patch... "we're going to run out of oil"... how many time you heard that? :rolleyes"... Innovation and resources will trump panic every time.


Not specifically directed at you Razorback, but what you are sayin' just gets old and has never been the way out of a problem... Your post is just an example of a much wider attitude that needs fixing in this country.

I’m not sure what attitude was displayed in my post, other than pointing out a factual inconsistency in another post. I simply provided a link & a little commentary that supported my previous post. I wanted to share some information about part of the “deal” that a lot of people in the industry recognize as having completely backfired.

What would you suggest a fella do if 1/3 of a market he’d worked decades to cultivate disappeared overnight?

I hope we get the trade deal straightened out just as much as the next guy, but I promise you that your tune would change if it hit you as hard in the pocket book as it did me.

[batmaninja]

China had been the largest or second-largest export market for American agriculture every year since 2008, according to the U.S. Department of Agriculture. That changed suddenly last summer when China began targeting U.S. farm goods with retaliatory tariffs. By the end of 2018, China had fallen to fifth place.

Again no expert here, just trying to dumb this down so that I can comprehend the moving parts. The Chinese were taking this country as a whole, to the cleaners for decades, but it was OK because they bought a lot of our agricultural products? Can we atleast agree that China was kicking our butt in with previous trade agreements?

They have 1.4 Bil mouths a day to feed, and growing. It took decades for Americans to get the China Soy business but all Brazil had to do was cut down their rain forests?

[Pedernal]

I have recently heard on a couple of occasions (business news shows) that a lot of the soybeans actually where going to feed primarily the pork industry and some to the poultry industry. Not sure if this is true but maybe someone that's in the know can chime in. Considering China's pork industry was desemated by disease it would be easy to see how currently they would not need as much soy beans. I don't know any of this to be true just some of the stuff that is being put out there.

[iamntxhunter]

Trump said he was giving money back to the farmers from the last 2 year's of 16 and 12 million. This was to make up the loss they had from the Chinese that stopped buying their goods.

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[RiverRat1]

Exactly...but we have had it good so long that its litterely "Make America great again as long as it doesn't inconvenience one single American".

Or illegal


Amazing how stupid people are and can't see 5 years down the road, or 1 year, or heck 1 week!

[Head Hunter]

America needed to do this a long time ago. Problem is no one had the Guts to do it till Trump. Remember he is a business man not a politician he knows what it takes to make a strong economy. Strong economy=strong country=strong future. there will be some pain and sacrifice to get there i am sure. It has been a very uneven playing field and China has taken full advantage. I would assume that the previous politicians maybe on both side of the isle didn't rock the boat because they some how profited from the way it was. Either directly or indirectly. This is why I want Trump for as long as he can stay in office. He is not a politician and already has money so what else can be his motivation, other than saving this country and wrecking the political world which needs rebuilt from the ground up.

[Man]

America needed to do this a long time ago. Problem is no one had the Guts to do it till Trump. Remember he is a business man not a politician he knows what it takes to make a strong economy. Strong economy=strong country=strong future. there will be some pain and sacrifice to get there i am sure. It has been a very uneven playing field and China has taken full advantage. I would assume that the previous politicians maybe on both side of the isle didn't rock the boat because they some how profited from the way it was. Either directly or indirectly. This is why I want Trump for as long as he can stay in office. He is not a politician and already has money so what else can be his motivation, other than saving this country and wrecking the political world which needs rebuilt from the ground up.

But in the process it has inconvenienced some soybean farmers who will not be voting for Trump in 2020 even though they are certain the soybean industry will never come back regardless of who the next president it.