The Trump Effect

[BigOrangeMojo]

US soybean harvest is just getting underway, it always peaks in Oct and dwindles down starting in Jan.

Soybean FUTURES. Last October, price was depressed because market knew DJT would win (soybeans struggled during Trump 1.0). Heck, soybean price 7% declined week after Butler because everyone knew Trump would win...


Funny how the 3 year 40% decline wasnt mentioned

 

[MontyPython]

Boone reposted a FoxNews video showing how Biden drastically raised the cost of farming. Nice you attack the messenger rather than deal with the message.

Soybeans are today the same price as a year ago under Biden. Where was the wailing and gnashing of teeth a year ago over prices?

OMG.

So, the GLOBAL price for soybeans really doesn't matter if American farmers are selling NOTHING to China. Revenues = ZERO. What part of a basic business transaction do you find so confusing?!

 

[MontyPython]

US soybean harvest is just getting underway, it always peaks in Oct and dwindles down starting in Jan.

Through July, China bought 51 percent fewer American soybeans than during the same period last year, according to the Agriculture Department. Other countries, like Egypt, Taiwan and Bangladesh are buying soybeans from the United States, yet, total soybean exports are down 23 percent this year.

 

[CagleMtnVol]

Bringing 600 new jobs!