Mark
(EC,IN
) - 11/18/2018 19:22
I keep reading on here how the POTUS has messed up our free trade and sank the soybean market.....this mantra is preached here constantly by 4321 people that post here (well maybe not over four thousand posters are saying it....but a some are).
Perhaps looking at the big picture things are not that bad, a quote from the article below (see link)
U.S. soybean sales to China have declined by almost 90% since the imposition of tariffs by the Trump administration. Sales of pork and other farm commodities have also fallen sharply. Yet, overall ag exports are on the rise. In the first 9 months of this year total U.S. farm exports have totaled $108 billion up 6%. Projections are that, by the end of the year, total sales will reach $150 billion — the second highest level in history. The latest USDA figures show total soybean sales are up 9%, the value of U.S. corn exports up 23%, beef up 11%, dairy up 5%, and ethanol up 15%.
Just maybe our POTUS knows what he is doing.
https://www.hoosieragtoday.com/commentary-glass-half-full-ag-trade/