Chinese buyers booked at least 10 cargoes of Argentine soybeans after Buenos Aires scrapped grain export taxes, three traders said on Tuesday, dealing another setback to U.S. farmers already shut out of their top market and hit by low prices.
Chinese buyers booked at least 10 cargoes of Argentine soybeans after Buenos Aires scrapped grain export taxes, three traders said on Tuesday, dealing another setback to U.S. farmers already shut out of their top market and hit by low prices.
106 Comments
Soleos@lemmy.world · 146 pts · 324d
Someone wants to buy US soy farms for cheap.
ininewcrow@lemmy.ca · 89 pts · 324d
That's what I love about their stupid logic
The US economy was built and maintained because of the large number of middle class business people and small town business owners, farmers and workers .... the little bit of wealth they generated for themselves helped to create a monolith of wealth for the ultra rich ... the money trickled upwards.
Now they are set to destroy and decimate all those American middle class people and their little bit of wealth ... it will be like shutting off the tap that supplied the ultra wealthy with all their wealth. On top of that, the new class and growth of destitute people everywhere will only become a net loss as you try to turn your country into an expensive police or military state that will constantly need financing.
Sure, the rich will be able to buy everything up for cheap ... land, businesses, buildings, real estate, everything for a fraction of what it cost originally ... but any savings they get will be lost on paying for security, police, even military as everyone everywhere start fighting for the little bit of scraps they can get because they're starving.
ileftreddit@piefed.social · 53 pts · 324d
cheers_queers@lemmy.zip · 28 pts · 324d
If you cant afford to miss a paycheck, youre already a slave
Auli@lemmy.ca · 1 pts · 322d
It was never just black people. The first slaves oh indentured servants where white. Black became the choice after awhile.
cynar@piefed.social · 48 pts · 324d
Ironically, this is (partially) why government social support services originally started in England. Back in the Victorian period, the rich realised it was cheaper to pay a bit more tax to keep the poor fed, than pay for security to stop them being robbed. It was also cheaper than locking them all up.
ininewcrow@lemmy.ca · 15 pts · 324d
Which is why we will never be allowed to starve .... not fed enough, not enough nutrition, constantly hungry ... but never allowed to completely starve.
IndridCold@lemmy.ca · 27 pts · 324d
This is America we're talking about here. MAGA is fucking cruel. They'll take pleasure watching people starve who they've deemed as lessor.
That already think all immigrants in the country are criminals and cheer when they're deported to death camps.
Sorry, friend. You're starving.
Randomgal@lemmy.ca · 10 pts · 324d
Not like you will have statistics or free media to know one way or the other. Lmao
Glad USians sacrificed all those children to gun violence in case they ever needed to use their guns to fight tyranny. /s
Tollana1234567@lemmy.today · 10 pts · 324d
trump and the gop, wants to replicate RUSSIA, and putins oligarch, where all the control, and planning is on the top.
rezad@lemmy.world · 2 pts · 323d
even russia purged a lot of oligarchs (for their own reasons). in USA both parties are oligarch parties, just different competing ones.
Auli@lemmy.ca · 1 pts · 322d
America was already an oligarch country. Just refused to acknowledge it.
umbrella@lemmy.ml · 1 pts · 323d
HuskerNation@lemmy.zip · 29 pts · 324d
Billionaires want to buy farmland for cheap
Idontcare@lemmynsfw.com · 15 pts · 324d
JD Vance apparently
lightnsfw@reddthat.com · 100 pts · 324d
Nice job farmers. Now the corpos can gobble up your land for cheap and leave you out on your ass..... Maybe you shouldn't have backed the orange moron.
RandomlyGeneratedName@lemmy.world · 9 pts · 323d
oddlyqueer@lemmy.ml · 4 pts · 323d
Sharecropping is optimistic. They're laying the groundwork to have a larger prison population that the government can rent out to the landowners.
mrdown@lemmy.world · 87 pts · 324d
Don't start a war you can't win
kami@lemmy.dbzer0.com · 67 pts · 324d
Unless losing is your goal
ileftreddit@piefed.social · 24 pts · 324d
SeductiveTortoise@piefed.social · -3 pts · 324d
They?
JawnZ@lemmy.today · 21 pts · 324d
the oligarchy, yes.
SeductiveTortoise@piefed.social · -1 pts · 324d
I thought they meant China, because this is all on the US.
ileftreddit@piefed.social · 9 pts · 324d
ZoteTheMighty@lemmy.zip · 64 pts · 324d
Actually, these tariffs could be the thing that turn impossible burgers into the mainstream. Could you imagine if an impossible burger dropped substantially below a beef burger? You won't have to imagine it soon.
papertowels@mander.xyz · 29 pts · 324d
Can confirm, it tastes "good enough" to me that if it were the cheaper alternative I'd default to it.
lepinkainen@lemmy.world · 22 pts · 324d
A good fake meat burger beats a bad or mediocre beef burger any day.
But nothing still beats a premium beef burger.
rbos@lemmy.ca · 9 pts · 324d
Yeah. Impossible and Beyond burgers both beat shitty fast food meat patties, hands down.
Though I'll take a nice black bean patty most days over both, or pulled pork, or salmon.
Tja@programming.dev · -3 pts · 323d
Or caviar, or truffles...
rbos@lemmy.ca · 2 pts · 323d
Never had those. Not sure what you mean - are you saying pulled pork burgers or salmon burgers are expensive? They're not, here. At least at good restaurants, it's maybe a couple dollars' difference.
SaveTheTuaHawk@lemmy.ca · 0 pts · 323d
but the impossible can't match the flavor profile of fecal matter. Notes of diarrhea.
Auli@lemmy.ca · 2 pts · 322d
Haha you think these is no decal matter in impossible burgers.
YiddishMcSquidish@lemmy.today · 8 pts · 324d
For fucking real! I got some when it was on clearance and it could've fooled me. I also kinda liked Boca burgers way back in the day when my mom used to keep the freezer stocked with them.
cyberpunk007@lemmy.ca · 25 pts · 324d
You mean when a beef burgers gets more expensive? Ah, the illusion of "dropping" below beef burgers.
fluffykittycat@slrpnk.net · 15 pts · 324d
I don't know what sort of protein they're using, it might not be soy based. But this does mean Dirt Cheap tofu that they'd be selling at a loss just to get rid of all the soybeans. You could also end up with warehouses full of soy protein isolate that needs to go somewhere which could be a very cheap source for a lot of things for years to come
Awkwardparticle@programming.dev · 16 pts · 324d
Without the Chinese purchases, the prices are too low to make harvesting profitable or at least if they have no buyer, they get no profit. The beans will die and rot in the fields. Then next year comes around and they don't have any money to plant new crops. I am not sure if insurance for crops is a thing anymore in the US but next spring the fields might be empty.
SaveTheTuaHawk@lemmy.ca · 6 pts · 323d
Impossible burgers already $1 cheaper in my cafeteria than beef.
RandomlyGeneratedName@lemmy.world · 5 pts · 323d
commander@lemmy.world · 2 pts · 324d
Don't know what happened with Just Eggs when real eggs were super expensive. What stopped them the past 5 years from scaling production to really take advantage of the peak egg prices
renrenPDX@lemmy.world · 12 pts · 324d
I tried some last week for the first time, and it is borderline a food crime. I was making some home made mcmuffins and tried them side by side with real eggs. It might be okay if it's consumed with other ingredients like a breakfast burrito, maybe, but on its own or where it can stand out, just no.
I'm happy that it's there for those willing to try or on a restricted diet/vegan lifestyle, but it would not sell as a direct egg replacement for regular folk in my opinion.
thatKamGuy@sh.itjust.works · 1 pts · 324d
As long as their macronutrient profile resembles beef (ie. near to no carbs); I’d happily switch over!
xep@discuss.online · 4 pts · 323d
From https://www.beyondmeat.com/en-US/products/beyond-beef/ground
::: spoiler Nutrition
Nothing alike, I'm afraid.
thatKamGuy@sh.itjust.works · 2 pts · 323d
Dang; thanks for finding that!
I keep keto/low carb to control my weight and appetite, hence the ask originally. At 8g/serve it’s still do-able as an occasional treat!
BenjiRenji@feddit.org · 0 pts · 323d
What protein do you think they feed beef? If you can feed cattle for free, beef burgers will still be cheaper than the fake meet alternatives.
ZoteTheMighty@lemmy.zip · 1 pts · 323d
They feed cows corn, and because the cow's stomachs aren't well evolved to digest corn, they have to feed them antibiotics constantly, thus making cows the number one consumer of antibiotics in the country. I know this because both of these operations are subsidized by my taxes and are therefore a matter of public record.
BenjiRenji@feddit.org · 1 pts · 322d
Didn't I save your ass from some huge fly just the other day?
Besides corn they also feed the animals soy. I know this because importing soy protein isolate is cheaper when it's for animals instead of human consumption even if it's essentially the same thing.
not_that_guy05@lemmy.world · 52 pts · 324d
Unfortunately, they will continue to love trump and vote against themselves.
Tollana1234567@lemmy.today · 4 pts · 324d
also argetinia's economy is being propped up by trump, so we are indirectly still helping them
ArmchairAce1944@discuss.online · 52 pts · 323d
Its incredible just how the fast the US is falling from the world stage. Even Britain remained super relevant after the controlled demolition of their empire.
Regrettable_incident@lemmy.world · 19 pts · 323d
Britain kinda had to turn insular after the world wars. I don't know what's happening with America but it smells like hubris. It's pretty worrying, too.
SpaceCowboy@lemmy.ca · 8 pts · 323d
US will probably be more like France, a few decades of having wars in different parts of the world to pretend it's maintaining an empire that doesn't really exist anymore.
ProfThadBach@lemmy.world · 46 pts · 324d
Trump did this shit his first term and they voted for him again knowing full well he would do it again. Fuck'em
Tollana1234567@lemmy.today · 13 pts · 324d
he also bailed them out, but this time he has no reason to bail them out, he wants thier land now.
suigenerix@lemmy.world · 2 pts · 323d
It was mostly the big corp farms that benefited in the end. Many smaller farms that had been family-owned for generations weren't so lucky.
Worse, farmer mental health declined and suicides increased.
Trump: Hey my policies killed lots of people during my first term. I'll do that again, only this time on a massive scale!
https://www.forbes.com/sites/chuckjones/2019/08/30/amid-trump-tariffs-farm-bankruptcies-and-suicides-rise/
https://en.wikipedia.org/wiki/Trump_administration_farmer_bailouts
Siegfried@lemmy.world · 44 pts · 324d
Oh my god, it's happening. My country made it into the news without it being something hideous!
Wir haben es geschaft meine Brüdis!
Maultasche@lemmy.world · 16 pts · 324d
Wenn du aus Argentinien bist, warum sprichst du dann Deutsch?
ExistingConsumingSpace@midwest.social · 9 pts · 324d
When they Nazis.
kunaltyagi@programming.dev · 12 pts · 324d
Technically, long before the nazi went seeking shelter. The German speaking populace was a reason why the nazi chose Argentina
dubyakay@lemmy.ca · 0 pts · 324d
Genau das gleiche mit Blumenau und Pomerode in Brazilien.
josefo@leminal.space · 7 pts · 324d
We made into the news antagonizing America wtf, Milei is the bigger Trump bootlicker ever, I'm confused.
prole@lemmy.blahaj.zone · 3 pts · 324d
Hmm... 🤔
lack@lemmy.world · 41 pts · 324d
I will fight tooth and nail against any bailout for these chuds. They voted for this. Stew in it, chumps
ours@lemmy.world · 11 pts · 323d
They won't get bailouts. It's all part of the Project 2025 plan to bankrupt small farmers so agricorps can buy it all on the cheap.
These poor idiots voted for their own demise. But "trans scary!".
explodicle@sh.itjust.works · -11 pts · 323d
Why wait? You can use Bitcoin to opt out of bailouts entirely.
NateNate60@lemmy.world · 26 pts · 323d
Today I learned that if I buy some Bitcoin, then this will prevent the Government from giving loads of money to these people
RandomlyGeneratedName@lemmy.world · 13 pts · 323d
F_State@midwest.social · 5 pts · 323d
Bitcoin was hyped as a currency but was quickly behaved like an investment vehicle. I don't think they were ever started to solve anything; that was just bs to get the ball rolling on making piles of money.
explodicle@sh.itjust.works · 1 pts · 322d
It's Not About the Technology, It's About the Money
explodicle@sh.itjust.works · 0 pts · 323d
Just yours
NateNate60@lemmy.world · 7 pts · 323d
Today I learned that if I buy some Bitcoin, this will prevent the Government from taking money from my wallet and bank account to give to these people
explodicle@sh.itjust.works · -3 pts · 323d
Why did you only opt out partially?
Regrettable_incident@lemmy.world · 5 pts · 323d
You don't pay taxes then?
NateNate60@lemmy.world · 3 pts · 323d
Nay, once every week for the past four years, I go to McDonald's and order a hamburger for $3, but they ask me for $3.27, so I only put down $3 on the counter and then loudly proclaim I refuse to pay the sales tax on it. Then I walk out of the restaurant to force them to accept my money.
(I have not eaten a hamburger in four years)
explodicle@sh.itjust.works · -1 pts · 323d
Not the inflation tax that funds bailouts
fluxion@lemmy.world · 35 pts · 324d
Exactly what they voted for
WanderingThoughts@europe.pub · 27 pts · 324d
In Trump's last term, farmers were bailed out with some nice cash infustions. They figured that in his second term, Trump would bail them again with some sweet sweet cash and that's what they thought they voted for. They were wrong.
EndOfLine@lemmy.world · 26 pts · 324d
If I remember correctly, Trump's last term made cash payouts to farmers because ... wait for it ... China wasn't buying crops from the US (particularly soybeans) in response to the tariffs imposed by Trump's first administration.
So I guess they weren't entirely wrong with that "he'll do it again" mentality.
fluxion@lemmy.world · 15 pts · 324d
So they voted for welfare for themselves basically. That's MAGA for you.
WanderingThoughts@europe.pub · 8 pts · 324d
Except that project 2025 does talk about scrapping a lot of farmer subsidies, insurance and safety nets.
Jaysyn@lemmy.world · 4 pts · 323d
They are getting bailed out this time too. $42B so far in 2025.
https://www.reuters.com/world/us/us-farmers-face-financial-calamity-without-extra-aid-soon-republican-lawmakers-2025-09-17/
It will be next year or the year after, when the same thing happens and the government has shifted the blame to the farmers for not fixing their problems. When that happens, that is when the AcreTrader ghouls show up.
frustrated_phagocytosis@fedia.io · 32 pts · 324d
Bankruptcy is a small price to pay for smug racism
k0e3@lemmy.ca · 31 pts · 323d
American farmers reaping what they sowed. Or not.
ours@lemmy.world · 4 pts · 323d
Well, they voted for this guy, so yeah.
mysticpickle@lemmy.ca · 28 pts · 324d
Watching these dumb fucks lose their farms and try to pull themselves up by their bootstraps working for minimum wage at Dollar General is going to be one of the few amusement that will come out of the next few years.
bagsy@lemmy.world · 5 pts · 324d
They will spend all day at the only cafe in town and bitch about how this is all Obama and Biden's fault. These stupid a-holes wouldn't read a newspaper if it had tomorrows lottery numbers on the front page.
MehBlah@lemmy.world · 27 pts · 324d
Fucked around and found out. You picking up what you threw down flyover states?
Tronn4@lemmy.world · 25 pts · 324d
Maga: "winning!"
LoafedBurrito@lemmy.world · 25 pts · 323d
Ohhhh nooo!
Fuck republicans and donald trump. You are responsible for all of this and the blood is on your hands dude.
inclementimmigrant@lemmy.world · 20 pts · 324d
American leopards are feasting well.
Randomgal@lemmy.ca · 19 pts · 323d
Trump also took their taxes and bailed out Argentina. Lmao.
IndustryStandard@lemmy.world · 4 pts · 323d
Rarest Milei W.
fluffykittycat@slrpnk.net · 18 pts · 324d
They shouldn't be bailed out. They should just lose their Farms. Solid from some hippies to make a commune instead, it's a way better use of the land
FlyingCircus@lemmy.world · 48 pts · 324d
They won’t be. Small farms will be foreclosed on and predatory corporations owned by billionaires will swoop in to buy them up, further concentrating all wealth into the hands of the few.
Tollana1234567@lemmy.today · 13 pts · 324d
Tyson, perdue, foster ,,,etc. and plus vances ACRETRADER app.
Medic8teMe@lemmy.ca · 4 pts · 324d
all the American oligarchs also own farmland, lots and lots of farmland.
Tollana1234567@lemmy.today · 1 pts · 323d
pretty much, thats how they control the Republican voting population.
UniversalBasicJustice@lemmy.dbzer0.com · 12 pts · 324d
This isn't just wealth though. Wealth has the potential to lose its worth in some scenarios depending on the outcome of the current regime. Arable land? As long as we don't hit the MAD button arable land is going to be primo real estate regardless of what happens. Wealth can only buy food; arable land produces it. THATS power.
possumparty@lemmy.blahaj.zone · 5 pts · 323d
It's not going to be arable for much longer, corporate farms are creating dustbowl conditions by clear-cutting wind breaks for marginal gains. This has already resulted in dozens of injuries and even some fatalities in Illinois as wind storms pick up dry farmland dirt and turn them into zero visibility dust storms. Cover crops cost money so corporate farms refuse to use them.
some_kind_of_guy@lemmy.world · 3 pts · 324d
Do you think the people who will end up owning all this arable land will be smart enough to avoid fucking it up? Mono cropping, climate change, pollution, pesticide runoff: these can turn your once arable land into useless acreage nobody wants right quick. I understand we have a lot of it, but look what happened in Brazil.
Wilco@lemmy.zip · 14 pts · 324d
They aren't going to be bailed out. This was planned. The corrupt government wants their land and bankrupt farmers sell the cheapest land.
Jaysyn@lemmy.world · 4 pts · 323d
They have already been bailed out to the tune of $42B just this year. Next year, or the year after, when the same thing happens the fascists will blame the farmers for not turning their fortunes around. When they make it the farmer's "fault", that's when the bailouts end & AcreTrader shows up.
Wilco@lemmy.zip · 2 pts · 323d
Yes, its only a matter of time before the land buying starts. JD Vance has interest in a land buying app that assists other countries in buying up US land.
Regrettable_incident@lemmy.world · 8 pts · 323d
Yeah but they'll be sold to multinationals.
don@lemmy.ca · 18 pts · 324d
Never write a check with your mouth that your ass can’t cash.
ThrowawayPermanente@sh.itjust.works · 7 pts · 324d
This exact situation is known in economics as the mouth-ass fiduciary problem
thatradomguy@lemmy.world · 13 pts · 324d
Play stupid games, win stupid prizes. A la USA. -chef's kiss-
GreenKnight23@lemmy.world · 10 pts · 323d
NotMyOldRedditName@lemmy.world · 7 pts · 324d
FAFO
bagsy@lemmy.world · 6 pts · 324d
I cant wait to buy some cheap farm land. I'm going to host gay parties and teach women to read. It's going to be soooo woke.
MushuChupacabra@lemmy.world · 5 pts · 324d
So much winning.
SaveTheTuaHawk@lemmy.ca · 3 pts · 323d
so Argentina is asking for a US bailout loan this week, and taking US farm sales?
TheReturnOfPEB@reddthat.com · 3 pts · 323d
China is playing the leader while shading US agriculture.
GG. WP.