Posted 1/13/2021 10:32 (#8747726) Subject: Poor Chinese traders
I've never seen any proof backing up "Those Chinese are master traders" "Market manipulators" "Playing Chess while we play checkers" "Think in decades while we think in months"
No matter who is benefitting in our ag chain, at least we have that communist enemy paying $15 for soys they could have bought for $10 just a few weeks ago. Evidently they didn't learn a damn thing since 2012.
Obviously they are not using any better or even equivalent technology as the USDA to spy on our fields.
Nor do I think they really care about a few $ swing. We are the world's low cost producer with available supply 6 months out of the year. They have the money and we have the protein as of today. (Not saying it will stay that way)
Yes, they are trading us plastic trinkets for food but that is only because they can. Doesn't take a mastermind in business sense to make that work. Just takes communism.