The only "advantage" the Chinese have over us is that they can completely impoverish their people and still maintain power. China is our third biggest export market because of agricultural goods, so they're going to target our farmers first like they did last time. It's how we react to that that will be important, because unlike them we have a system where states with larger agricultural outputs have a strong voice in elections.
I'm not saying they have a case, but they know what screws to turn to hurt us. They know what they're doing bc they've done it before in the 2018 midterms. That's why Trump sent that Truth about farmers gearing up for the internal market. He's telling them to get ready. Of course we'll have to subsidize them again to maintain our farms since no one in the US eats that much corn and soybeans. Farmers have already planted their crops, they can't change what they're growing now. But their biggest export to us is consumer electronics, which can be scaled up and down much more nimbly.
China will go back to importing more from Brazil to get around the tariffs, which is why Trump's trade deal with Argentina is a big one to watch to counteract.
Your wheat strategy should already be set, but if you want to change your crop strategy now then act fast I guess. May seems like a dream given recent harvesting schedules but ok. Either way, plan to rely more on local demand.
The only "advantage" the Chinese have over us is that they can completely impoverish their people and still maintain power. China is our third biggest export market because of agricultural goods, so they're going to target our farmers first like they did last time. It's how we react to that that will be important, because unlike them we have a system where states with larger agricultural outputs have a strong voice in elections.
I'm not saying they have a case, but they know what screws to turn to hurt us. They know what they're doing bc they've done it before in the 2018 midterms. That's why Trump sent that Truth about farmers gearing up for the internal market. He's telling them to get ready. Of course we'll have to subsidize them again to maintain our farms since no one in the US eats that much corn and soybeans. Farmers have already planted their crops, they can't change what they're growing now. But their biggest export to us is consumer electronics, which can be scaled up and down much more nimbly.
China will go back to importing more from Brazil to get around the tariffs, which is why Trump's trade deal with Argentina is a big one to watch to counteract.
Much of the northern US is still covered in snow so the main field crops wonβt be planted until April or May.
Your wheat strategy should already be set, but if you want to change your crop strategy now then act fast I guess. May seems like a dream given recent harvesting schedules but ok. Either way, plan to rely more on local demand.