Fontanelle, IA | IN555 - 11/18/2025 19:23
So why did they agree to buy at least 25mmt the next 3 years? I’ll hang up and listen
Because $2 premium to Brazil price for 1 billion bushels of US beans per year is a mere chit*tance of the value of some of the tariff costs that probably were absorbed by Chinese manufacturers or the lost income as US consumers look to find a cheaper substitute for tariffed Chinese goods.
Notice I said “mere chit*tance” which means cheap in the grand scheme of things.
Edited by Baby Robin 11/18/2025 20:46
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