Article

2019-02-01 Economy

China agrees to buy 5 million tons of US soybeans a day after talks in Washington

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Posted by Besoeker 2019-02-01 02:32|| || Front Page|| [3 views ] Top
File under: Commies

#1 Does anyone even realize how much is 5 million metric tons/day? Over a year, that comes out to nearly 3,000 pounds per every Chinese man, woman and baby. Fact check please.

U.S., China reach soybean deal; no plan to extend tariff deadline
Trump announced that China agreed to purchase 5 million tons of U.S. soybeans after holding two days of discussions with a Chinese delegation including Vice Premier Liu He. They planned to set up another meeting between Trump and Chinese President Xi Jinping in the future.

Sounds like a one time deal for 5MT or $1.8 billion at $380.53/tonne. Not even a dent in the balance of payments.

Posted by Croluse Short6205 2019-02-01 07:47|| 2019-02-01 07:47|| Front Page Top

#2 We're into 'good news' stories. Bean counting, not so much.

Posted by Besoeker 2019-02-01 09:07|| 2019-02-01 09:07|| Front Page Top

#3 CS6205 - your Mother did tell you there are people starving in China, right?

Posted by Bobby 2019-02-01 09:38|| 2019-02-01 09:38|| Front Page Top

#4 Mine did. I offered to pay shipping for my broccoli to them.

Needless to say that went over like a lead balloon.

Posted by DarthVader 2019-02-01 10:22|| 2019-02-01 10:22|| Front Page Top

#5 Did they get tired of paying the mark up charged by third party soy bean vendors?

Posted by Abu Uluque 2019-02-01 12:59|| 2019-02-01 12:59|| Front Page Top

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