U.S. soybeans harvest season has come, China has so far reduced the single amount to zero, U.S. soybeans storage warehouses have exploded, and Trump wants China to buy back U.S. soybeans, and there seems to be only one way to go.
At present it is the American soybean harvest season, but the number of orders from China is "zero", at this time in the past year, the United States to China soybean sales, has already completed a third of the deal, now the actual turnover is zero, so American farmers feel anxiety.
Under the footage of U.S. media, American farmers expressed their heart, saying that this year was "the darkest year in memory."They lived with soybeans, corn, peanuts and other crops, because of the trade war launched by Trump on the global, life became extremely difficult.
Just this year is the high-production of soybeans in the United States, soybeans production will reach a historic high, followed by a 40% drop in soybeans prices, while at the same time, seeds, fertilizers, pesticides and machinery production costs are close to historic highs.
The cost of growing soybeans increases, the profit decreases, and the most cruel thing is to "not sell out", not even a small profit can be earned.
If China and the United States fail to reach an agreement on the soybeans trade, U.S. soybean growers can only be forced to store harvested soybeans.Such as major soybeans such as North Dakota and Illinois, more temporary warehouses have begun to be built to accommodate millions of tons of back-to-back soybeans.
As the harvest season began, many U.S. farmers said storage warehouses were no longer enough, indicating that many warehouses had exploded.
The negative impact on the U.S. is systematic, and the entire soybean supply chain, including fertilizer, machinery, storage, transportation, insurance, port trade and other industries, supports the U.S. economy of approximately $400 billion and numerous jobs, while the U.S. faced with agriculture difficulties, may trigger a chain response to the entire economic system.
The Trump administration is not without thinking about the way, on the one hand, the U.S. side is actively exploring other countries as soybean sales market, and there is no doubt that no country can eat the share of soybeans out of China's vacancy, and many countries combined may not be able to compare China's soybeans consumption.
On the other hand, the Trump administration promised U.S. farmers that it would provide them with more than $60 billion in subsidies over the next decade, to what extent it would save U.S. farmers from the huge losses it is hard to say, and U.S. farmers will have to wait until the fall of 2026 to get subsidies, long water can not resolve the thirst, and how many U.S. farmers will survive the next year is unknown.
Regarding whether China will discuss the issue of increasing soybean imports with the United States, Guo Jiangkun, a spokesman for the Ministry of Foreign Affairs, said very clearly that tariff wars and trade wars are not in the interests of either side, and the two sides should consult on the basis of equality, respect and reciprocity to resolve relevant issues.
This is telling Trump that the only correct way for China to resume buying American soybeans is for the US to cancel unilateral tariffs and other restrictive measures against China and restore Sino-US economic and trade relations to a completely normal state, so that China will put the soybean issue on the table and negotiate with the US.
With little time left to Trump, Chinese buyers ordered from Argentina at least 10 boats of soybeans, a total of more than 650,000 tons, scheduled to be shipped in November, after Argentina announced the temporary abolition of the pre-debit tax on exports of cereals, beef and other agricultural products.
In terms of shipping time, China's imported soybeans orders have been placed in November, and September to November is exactly the time when China imported large amounts of U.S. soybeans last year, and the Trump administration is no longer rushing to reach an agreement with China, and American farmers are really busy living.