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13 members (Exhoosier, gregnbc, dustymac, JD53, BrandonClark, odocoileus, Thread Killer, fish251, mcninja, Bglen, Jweeks, 2 invisible),
656
guests, and
0
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Key:
Admin,
Global Mod,
Mod
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Joined: Jan 2004
Posts: 31,681
Freak of Nature
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Freak of Nature
Joined: Jan 2004
Posts: 31,681 |
How do you feel about the trade deal Trump and China signed yesterday. Will this help Alabama's farmers?
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Joined: Nov 2014
Posts: 1,787
8 point
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8 point
Joined: Nov 2014
Posts: 1,787 |
No beans are down 15 and corn down 12 since it was signed yesterday. I'm not saying it wasn't a good start but they are only required to buy 32 billion of agriculture products over the next 2 years.
Categories listed:
Oilseeds
Meat
Cereal
Cotton
Other Ag commodities
Seafood
The above listed all fall under ag products in the agreement. The spending will be so widespread that its not going to change any one commodity very much. Its not going to rally prices for any of the above listed. Hopefully phase 2 brings better news.
I'm not 257 but I'm in the ag business too
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Joined: Nov 2010
Posts: 25,782 Likes: 66
Freak of Nature
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Freak of Nature
Joined: Nov 2010
Posts: 25,782 Likes: 66 |
Only Trump could sell rice to a chinamen. TRUMP 2020!
Proud Army and ALNG veteran
God Bless America!
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Joined: Mar 2018
Posts: 16,939
Old Mossy Horns
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Old Mossy Horns
Joined: Mar 2018
Posts: 16,939 |
I wish cattle would go up
They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.
Ben Franklin
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Joined: Dec 2001
Posts: 14,546 Likes: 23
Booner
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Booner
Joined: Dec 2001
Posts: 14,546 Likes: 23 |
I wish cattle would go up Where is all the money on beef being made? It's higher than hell in grocery stores.
"You think I care? Roll Damn Tide"
Have you tried Google?
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Joined: Apr 2003
Posts: 4,002 Likes: 10
10 point
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10 point
Joined: Apr 2003
Posts: 4,002 Likes: 10 |
No beans are down 15 and corn down 12 since it was signed yesterday. I'm not saying it wasn't a good start but they are only required to buy 32 billion of agriculture products over the next 2 years.
Categories listed:
Oilseeds
Meat
Cereal
Cotton
Other Ag commodities
Seafood
The above listed all fall under ag products in the agreement. The spending will be so widespread that its not going to change any one commodity very much. Its not going to rally prices for any of the above listed. Hopefully phase 2 brings better news.
I'm not 257 but I'm in the ag business too What had the requirements been before now?
"We aren't here to justify your feelings and give you self worth" - Aldeer Welcome Center
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Joined: Mar 2018
Posts: 16,939
Old Mossy Horns
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Old Mossy Horns
Joined: Mar 2018
Posts: 16,939 |
I wish cattle would go up Where is all the money on beef being made? It's higher than hell in grocery stores. Beats me I know the small town stores ain't making a killing..publix/win Dixie may be
They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.
Ben Franklin
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Joined: Nov 2014
Posts: 1,787
8 point
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8 point
Joined: Nov 2014
Posts: 1,787 |
No beans are down 15 and corn down 12 since it was signed yesterday. I'm not saying it wasn't a good start but they are only required to buy 32 billion of agriculture products over the next 2 years.
Categories listed:
Oilseeds
Meat
Cereal
Cotton
Other Ag commodities
Seafood
The above listed all fall under ag products in the agreement. The spending will be so widespread that its not going to change any one commodity very much. Its not going to rally prices for any of the above listed. Hopefully phase 2 brings better news.
I'm not 257 but I'm in the ag business too What had the requirements been before now? No requirements prior to this agreement but purchases were much larger up until 2016. The start of the trade war really hammered ag exports. China has purchased record numbers of South American soybeans in the last couple of years. I'm a Trump supporter and I know he means well. I hope the next phase will ensure even higher purchase amounts by China.
Last edited by Zkd22; 01/16/20 02:04 PM.
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Joined: Jun 2012
Posts: 9,877
14 point
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14 point
Joined: Jun 2012
Posts: 9,877 |
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Joined: Apr 2003
Posts: 4,002 Likes: 10
10 point
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10 point
Joined: Apr 2003
Posts: 4,002 Likes: 10 |
No beans are down 15 and corn down 12 since it was signed yesterday. I'm not saying it wasn't a good start but they are only required to buy 32 billion of agriculture products over the next 2 years.
Categories listed:
Oilseeds
Meat
Cereal
Cotton
Other Ag commodities
Seafood
The above listed all fall under ag products in the agreement. The spending will be so widespread that its not going to change any one commodity very much. Its not going to rally prices for any of the above listed. Hopefully phase 2 brings better news.
I'm not 257 but I'm in the ag business too What had the requirements been before now? No requirements prior to this agreement but purchases were much larger up until 2016. The start of the trade war really hammered ag exports. China has purchased record numbers of South American soybeans in the last couple of years. I'm a Trump supporter and I know he means well. I hope the next phase will ensure even higher purchase amounts by China. Ok, so it sounds like the trade war was the problem not really this agreement. The agreement just means they can't quit buying all together and therefore isn't super effective as a boost to the ag business. Correct? Trying to learn the basics. Thanks for the help.
"We aren't here to justify your feelings and give you self worth" - Aldeer Welcome Center
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Joined: Jan 2011
Posts: 38,489
Boo Boo Head
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Boo Boo Head
Joined: Jan 2011
Posts: 38,489 |
Hopefully it changes things. Time will tell. He’s doing all he can to help in tough times.
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Joined: Nov 2014
Posts: 1,787
8 point
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8 point
Joined: Nov 2014
Posts: 1,787 |
No beans are down 15 and corn down 12 since it was signed yesterday. I'm not saying it wasn't a good start but they are only required to buy 32 billion of agriculture products over the next 2 years.
Categories listed:
Oilseeds
Meat
Cereal
Cotton
Other Ag commodities
Seafood
The above listed all fall under ag products in the agreement. The spending will be so widespread that its not going to change any one commodity very much. Its not going to rally prices for any of the above listed. Hopefully phase 2 brings better news.
I'm not 257 but I'm in the ag business too What had the requirements been before now? No requirements prior to this agreement but purchases were much larger up until 2016. The start of the trade war really hammered ag exports. China has purchased record numbers of South American soybeans in the last couple of years. I'm a Trump supporter and I know he means well. I hope the next phase will ensure even higher purchase amounts by China. Ok, so it sounds like the trade war was the problem not really this agreement. The agreement just means they can't quit buying all together and therefore isn't super effective as a boost to the ag business. Correct? Trying to learn the basics. Thanks for the help. Yes you are correct. The agreement was to get some business back because China has given South America almost all their business the last 2 years. Some farmers are getting Trump money to ease the pain but strong commodity prices would help the Ag sector more than anything. This is an agreement to pretty much force them to buy some US Ag products. Most farmers haven’t made any money in the last 2 years. They mainly planted and harvested a crop in hopes of making enough to go at it another year.
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Joined: Jan 2004
Posts: 31,681
Freak of Nature
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Freak of Nature
Joined: Jan 2004
Posts: 31,681 |
ZKD22, You do realize if Trump hadn't done this it never would have happened. No career politician would ever have cut his under the table payments.
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Joined: Nov 2014
Posts: 1,787
8 point
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8 point
Joined: Nov 2014
Posts: 1,787 |
Yes I know it needed to be done. I have mentioned several times that I support it and I am a trump supporter. I’m probably more tired of China’s shucks that anybody here. They originally said they would purchase 50 billion in Ag products but backed up on that
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