BUENOS AIRES - China will allow the import of soymeal livestock feed from Argentina for the first time under a deal announced by Buenos Aires on Tuesday, an agreement that will link the world’s top exporter of the feed with the top global consumer.
Argentina had tried for years to break into the Chinese market, the biggest consumer of the meal it uses to feed its massive hog herd. China, with its own crushing industry to protect, had steadfastly resisted. Argentina, the top global exporter of processed soy, expects to export a total of 26 million tonnes of soymeal this year globally, and 8.5 million tonnes of raw beans.
That means China will not buy lots of soybean for US, which means trade war will continue for long time....?
Very soon India 🇮🇳 will archive the same ..!
POTUS GOP RealDonaldTrump how is that winning? Why are you actively destroying the economy of North America? Please stop. VoteBlueNoMatterWho2020
More jobs will be lost from China's crushing industry to Argentina. These Communists aren't as intelligent as they are seen.
That's 35 million tons of orders that won't be coming back to America.
American soybean farmers should be wondering how they'll ever get this market back.
But but but Trump said trade wars are easy to win.
These soybean markets are lost to U.S. farmers. They’re subsidized now. Explain that realDonaldTrump
Weird, wouldn't you say?
Hola Chinito!!! Hola China !!! Hola Chino !!!
Oh! China was buying American soy to be nice to America? realDonaldTrump messed up this market all by himself!
realDonaldTrump GOP goodjob
This is good for US. Farmers can sell their produce to the rest of the states, less profits for farmers, more expensive for consumers, but it wld mean no money to pay cheap immigrant laborers and all those glorious back breaking work will go to honest hardworking americans. Win!
You lost, American farmer ... say 'Thank You' to the Thug you voted for I❤️🐮
Iowa failing lameduck Senators ChuckGrassley SenJoniErnst just don’t get it. Another market lost to Iowa farmers.
The US China trade war won't likely end anytime soon. The distribution of contracts in the futures and options market is closer to bearish than bullish, so the invisible hand must be recognizing the shift in China's supply chain. Soybeans
Well ya had to know that Trump would FUCK the farmers with his tariffs and he just paint a big roses picture!!! Wake up AMERICA this man is a lunatic!!!
US farmers are fucked! Thanks Trump!
America’s soybean farmers will vote for Trump anyway, after they attend the first meeting of creditors in their bankruptcy cases.
Kinda knew they'd make new soymeal deals after US stopped that biz w/them. China doesn't need the US as much as the US needs them. They know how to adapt & find new sources better. This won't be their last new global soymeal market deal.
💰💰🇮🇳🇮🇳
Thanks Trump...
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