The Trump Effect

#426
#426
hog88 said:
US soybean harvest is just getting underway, it always peaks in Oct and dwindles down starting in Jan.
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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
 
#427
#427
jmacvols1 said:
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?
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OMG. :rolleyes:

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?!
 
#428
#428
hog88 said:
US soybean harvest is just getting underway, it always peaks in Oct and dwindles down starting in Jan.
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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.
 
#434
#434
FLVOL_79 said:
Yeah. I just told you why it happened... but celebrate phyrric victories..
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Trump undone the damage Biden caused the oil industry

spending is up:
" US consumer spending has indeed been rising through mid-2025. As of September 26, 2025 (covering August), personal consumption expenditures (PCE)—the broadest measure of what households buy—jumped 0.6% month-over-month, outpacing the 0.4% rise in disposable personal income. That's the third straight monthly gain, with real (inflation-adjusted) PCE up 0.4% in August alone. On a quarterly basis, Q2 saw a robust 2.5% annualized increase, up from just 0.6% in Q1.
This spending boom is why GDP estimates for Q3 are now tracking higher (e.g., Atlanta Fed at 3.9% annualized)" - grok

lower gas prices free up money to be spent on other things:
" Lower pump prices (national average dipping below $3 as of October 20) have reduced household costs on fuel, even as driving activity holds steady or ticks higher. This means spending on gas is down year-to-date, freeing up cash for other categories like dining, travel, and goods. It's a classic income effect: Cheaper gas boosts disposable income, indirectly fueling the broader spending surge." - grok
 
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#436
#436
jmacvols1 said:
Trump undone the damage Biden caused the oil industry

spending is up:
" US consumer spending has indeed been rising through mid-2025. As of September 26, 2025 (covering August), personal consumption expenditures (PCE)—the broadest measure of what households buy—jumped 0.6% month-over-month, outpacing the 0.4% rise in disposable personal income. That's the third straight monthly gain, with real (inflation-adjusted) PCE up 0.4% in August alone. On a quarterly basis, Q2 saw a robust 2.5% annualized increase, up from just 0.6% in Q1.
This spending boom is why GDP estimates for Q3 are now tracking higher (e.g., Atlanta Fed at 3.9% annualized)" - grok

lower gas prices free up money to be spent on other things:
" Lower pump prices (national average dipping below $3 as of October 20) have reduced household costs on fuel, even as driving activity holds steady or ticks higher. This means spending on gas is down year-to-date, freeing up cash for other categories like dining, travel, and goods. It's a classic income effect: Cheaper gas boosts disposable income, indirectly fueling the broader spending surge." - grok
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The "spending boom" isn't people buying more, its people buying the same stuff and taking hits from tariffs and increasing prices. Demand is down for gas so costs drop. Literally everything you just posted is some serious Trump knobgobble spin. Trump has actually done nothing tangible to improve life for most Americans. Pretty amazing spin doctoring to be honest.
 
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#440
#440
FLVOL_79 said:
Lol. Trump has 0 to do with this unless you count making the cost of living go up forcing people to cut back on gas purchases.

I love yall believing government propaganda when your guy is in charge.
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I believe the Trump admin's posture towards a highly volatile energy market is a reason why gas prices are lower...

I will say their posture towards China is a major reason why soybeans have cratered...
 
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#444
#444
FLVOL_79 said:
Lol. Trump has 0 to do with this unless you count making the cost of living go up forcing people to cut back on gas purchases.

I love yall believing government propaganda when your guy is in charge.
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Nah, Gas has gone down, groceries are still too high.. still at Biden levels.. nit really sure there is a lot anyone can do at this point.. to be fair, have you ever known groveries to go down ever? I’ve never seen it happen since I started buying them, but hope springs eternal
 
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