(Original title: After China stopped purchasing, U.S. soybeans really "exploded")

The Bear Observer Network.

For farmers who work hard day after day and year after year, "low grain hurts farmers" is the last thing they want to see, but now soybean farmers in the United States are suffering from such pain. What's more painful is that some of them haven't found a buyer yet, but the soybeans in their hands have suffered again.

Reuters noted on October 20 that China did not import any soybeans from the United States in September this year, which was the first time since November 2018 that imports dropped to zero.

Unfortunately, just last week, the U.S. main soybean production area of Iroquois County, northeast of Illinois, and even a soybean grove exploded due to the rise in inventory, which caused the structural structure of the grove to be damaged and then collapsed.

In response to the uncertainty of the future, China has been increasing its purchases of soybeans from other countries (mainly South America).In addition, because of the pressure of the U.S. side to protect farmers, soybeans imports have also become a ¡°key code¡± in the ongoing Sino-U.S. trade game.

Data released by the General Administration of Customs on October 20 also showed that China's total soybeans imports increased by 13% in September this year, up by 5% in comparison, among which Brazil's soybeans continued to dominate, growing by 30% in comparison, accounting for 85.5% of China's total imports in September.

In addition, as Argentina temporarily abolished export taxes on cereals and their derivatives in September to boost exports and attract dollar-stable pesos, China also increased its orders, increasing soya imports from the third-largest soybean supplier to Argentina by 91.5 percent.

Since there were no imports of U.S. soybeans in September, China purchased 16.8 million tons of soybeans from the U.S. in the first nine months of this year, accounting for 19.6 percent of China¡¯s total purchases, which is equivalent to the share of the entire year in 2023 and 2024.

Video screenshot of the moment when the barn collapsed

According to WCIA TV station affiliated to CBS in Illinois, the barn collapsed at around 13 pm local time on October 15th, at a barn of Donovan Farmers Cooperative in Martinton Village, Iroquois County.

According to local officials, the 90-foot (about 28 meters) winery was built in 1972 and collapsed due to structural damage, with more than 30,000 ores (about 816 tons) stored in it leaking soybeans.

Emergency personnel said that the accident actually "first appeared" around 10:30 a.m. that day, when they discovered the first warning sign of damage to the barn structure.

A local emergency coordinator, Bruce Lane, said medical personnel were listening to another phone call when a medical worker accidentally looked toward the farm and found a ¡°bump bag¡± of concrete and steel in the farm.

¡°When we arrived at the scene, we were told that a farmhouse in the town was in danger of collapsing,¡± Ryan said.

Structural damage occurred before the barn collapsed, with cracked cement and exposed steel bars. Video screenshot

Paramedics quickly notified Martinton Village Fire Chief Jeff Meyer, and emergency workers immediately began work. They set up "safe areas," evacuated employees of the Donovan Farmers 'Cooperative, notified utility companies, and asked for help in neighboring counties.

"The original plan was to clear the other barn behind this barn and transfer the soybeans over there," Lane said.

In this way, the work continued until 12:45 pm that day, when soybeans in the barn suddenly popped out. People realized that the barn was about to collapse, so they immediately evacuated.

Seven minutes later, the granary collapsed... The video shows that in just a few seconds, smoke and soybeans were scattered instantly, the wires were interrupted, and even sparks came out. The people on the scene were scared and fled.

Fortunately, the incident did not cause any casualties, but as a result of the collapse of the cellar, the main power lines and power bars for the entire village were crashed, leaving about 170 residents without power supply until the next morning.

The moment a barn full of soybeans collapsed, people fled everywhere Social Media

The Financial Times previously mentioned that since Trump imposed high tariffs on Chinese goods after returning to the White House, China immediately launched counter-measures, including suspending the purchase of American soybeans, which caused farmers in the Midwest of the United States to face huge losses and even threatened some family farms that have been passed down for many generations.

The U.S. New York Times stressed on September 25 that since May this year, China has not purchased any American soybeans, and according to the British Economist, the U.S. official records can be traced back to 1998, which is the first time in 30 years that China has not purchased any American soybeans.

Reuters noted on October 20 that China did not import any soybeans from the United States in September this year. This is the first time since November 2018 that imports have dropped to zero. At the same time, due to the ongoing trade dispute between China and the United States, China buyers have avoided U.S. supplies, and South American soybean exports to China have increased significantly compared with the same period last year.

The report said that the decline in imports was due to the fact that U.S. soybeans faced high tariffs and the completion of trading of old soybean stocks harvested in the United States in previous years. Analysts pointed out that if trade negotiations fail to achieve a breakthrough, American farmers may face billions of dollars in losses as China crushing companies continue to purchase soybeans from South America.

In addition to soybean farmers, a large number of American cattle farmers are also suffering after U.S. President Trump returned to the White House and provoked a global trade war.

On October 19, local time, Trump said he was considering importing Argentine beef to lower U.S. beef prices, which have climbed to historic highs.

However, as farmers are profiting from high cattle prices and strong consumer demand, cattle farmers believe Trump¡¯s idea poses a threat to their livelihoods and ¡°free markets.¡±

According to reports, on October 20th, local time, many American farmers strongly criticized Trump's proposal that the United States might import more beef from Argentina. For some time, American farmers have also lost to Argentina in the "race" to get orders from China, the world's largest soybean buyer.

¡°This plan will only create chaos for U.S. livestock farmers at the key moments of the year, and will have no effect on lowering food prices,¡± said Colin Woodall, chief executive of the industry organization NCBA, saying that the least we need is to reward them (Argentina) by importing more beef,¡± said Rob Larew, president of the U.S. National Farmers Alliance.

On October 20, Foreign Ministry spokesman Guo Jianquan presided over a routine press conference. Bloomberg reporter asked that China and the United States would hold a new round of China-US economic and trade consultations. U.S. President Trump said that the U.S. listed rare earth, phentanyl and soybeans as the three major issues the U.S. raised to China.

The Chinese side in dealing with the Sino-U.S. economic and trade issue is consistent and clear, and tariff wars and trade wars do not meet the interests of either side, and the two sides should resolve any issue through consultation on the basis of equality, respect and reciprocity.