posted on Aug, 24 2019 @ 02:02 PM
originally posted by: olaru12
Crop harvest rotting on the ground and farmers going bankrupt. That'll show those commies....
From your sources, many crops have been destroyed from damage (nothing to do with China).
Aditionally, insurance is present, both private and Federal since the late 1800's. Easy to get and damn near all farmers have policies. Over $100bl.
in coverage through the US.
The soybean market, representing 50+ percent of agri exports to China (rest is nominal ranging 2-5 percent of all US agri products) was already known
last year that China's silos are full, state subsidized for falsely supporting a demand for the soy product to use in the trade dispute. Anyone
tracking futures already knew the outcome.
China's swine flu is an epidemic, full blown and buried by the Chinese through reporting (barely touched by your sources) well known long before this
year. Almost all the total grain product exported to China was for feed, primarily pork....which anyone watching futures a year ago would know the
demand would bottom without tariffs and China bought to capacity prior and stored last year.