Posted on Jul 25, 2018
Trump-backing farmer says his 2020 vote is at risk if president doesn't fix trade
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Even though we've been taken advantage of for a long time, any tariffs have a double-edged sword because we are the biggest trading partner and 38 out of 50 states from just Canada alone.
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SFC Chad Sowash
Other countries are vying to become the "premiere trade partner" in different segments of the world. Not to mention the cost of commodities which drives our products even higher. The only people who win in a trade war are millionaires, definitely not the working people.
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Soybeans are not perishable like milk. They will put them in huge grain bins as they always have done and once the price goes up they will sell them. This seesaw happens every year and farmers are used to this. They have also become expert drama makers to get special programs to kick out gov money to them. Soybeans like corn is used in a great number of things and will not take long for it to flex.
LTC (Join to see) -
https://www.macrotrends.net/2531/soybean-prices-historical-chart-data
LTC (Join to see) -
https://www.macrotrends.net/2531/soybean-prices-historical-chart-data
Soybean Prices - 45 Year Historical Chart
Interactive chart of historical daily soybean prices back to 1971. The price shown is in U.S. Dollars per bushel.
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