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CHINA IS EATING OUR LUNCH! – We Are Losing the Food War!

DO THEY CONTROL USDA?

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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CHINA IS EATING OUR LUNCH! – We Are Losing the Food War!

Other countries are protecting their food supplies. Argentina, Russia, and Ukraine have all stopped exporting to be able to feed their people. Yet the USA continues to export hand-over-fist to China — based on the data from the USDA. How is this happening? Who is in control? Christian asks some hard questions tonight on this troubling Ice Age Farmer broadcast — and the answers demand that we start growing food immediately.

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Other countries are protecting their food supplies. Are we? – OBSERVER

Other countries are protecting their food supplies. Are we?

Argentina is normally the world’s second biggest corn exporter, with sales of about $4.4 billion. That represents nearly 15 per cent of the world’s corn export market, a significant amount that the global food system expects to see through the normal course of trade. But this year, that’s not the case.

Beef exports excel; pork exports hold strong | Livestock | capitalpress.com

https://www.capitalpress.com/ag_sectors/livestock/beef-exports-excel-pork-exports-hold-strong/articleaeff03ba-5204-11eb-a8b7-7f6f5f5cce32.html

US-China : Trump Amends Order On Chinese Military Co. Ban, Divestment Req. (RTRS) – Market News

Trump Amends Order On Chinese Military Co. Ban, Divestment Req. (RTRS)

President Donald Trump has signed an amended version of an executive order that bans U.S. investments in alleged Chinese military companies, the White House said on Wednesday.The changes strengthen the initial order by requiring Americans to completely divest their holdings of securities of the blac…

USDA cuts U.S. corn, soybean supply outlook | Reuters

USDA cuts U.S. corn, soybean supply outlook

U.S. soybean and corn supplies in September will be smaller than previously forecast due to a reduced estimate of last fall’s harvest, the government said on Tuesday.

Ice Age Farmer – Top Farmer Warns: Forces At Work to Hide Massive Crop Losses – YouTube (Oct 17, 2019)

Paul, a top 1% producer of commodities and specialty crops on over 4000 acres, joins Christian to voice his concerns after the catastrophic growing season in the US and blow the whistle on “a force, an energy” that is working to keep people unaware of the severity of the situation. Without this information, farmers are unable to adjust production, and the market cannot act to ration supply. What happens when the US runs out of grain? — Start growing your own food today.

Soybeans PRICE Today | Soybeans Spot Price Chart | Live Price of Soybeans per Ounce | Markets Insider

Soybeans PRICE Today | Soybeans Spot Price Chart | Live Price of Soybeans per Ounce | Markets Insider

Soybeans Price: Get all information on the Price of Soybeans including News, Charts and Realtime Quotes.

Livestock unions ask Ukraine to limit 2020/21 corn exports | Successful Farming

https://www.agriculture.com/markets/newswire/livestock-unions-ask-ukraine-to-limit-202021-corn-exports

Russia to restrict exports of grains, oilseeds | 2021-01-07 | World Grain

Russia to restrict exports of grains, oilseeds

MOSCOW, RUSSIA – In an effort to regulate and reduce food prices, Russia will restrict the exports of some grains and oilseeds, according to a Global Agricultural Information Network (GAIN) report from the US Department of Agriculture (USDA). Russia will restrict the exports of wheat, rye, corn, sunflower seeds and rapeseeds in the first half of 2021.

China to expand weather modification program to cover area larger than India – CNN

China to expand weather modification program to cover area larger than India | CNN

China this week revealed plans to drastically expand an experimental weather modification program to cover an area of over 5.5 million square kilometers (2.1 million square miles) – more than 1.5 times the total size of India.

Jason Britt on Twitter:

“Another panic at the disco move in everything tonight.Almost to panicky it feels. #corn #soybeans #wheat starting to get very nervous. Maybe high enough for now. But late winter early spring rally make be 🔥 on acreage.And if we stay dry forget about it. No telling what’s high” / Twitter

Jason Britt on Twitter: “Another panic at the disco move in everything tonight.Almost to panicky it feels. #corn #soybeans #wheat starting to get very nervous. Maybe high enough for now. But late winter early spring rally make be 🔥 on acreage.And if we stay dry forget about it. No telling what’s high / Twitter”

Another panic at the disco move in everything tonight.Almost to panicky it feels. #corn #soybeans #wheat starting to get very nervous. Maybe high enough for now. But late winter early spring rally make be 🔥 on acreage.And if we stay dry forget about it. No telling what’s high

Karen Braun on Twitter:

“Ending stocks for U.S. #soybeans in 2020/21 are seen at 140 million bushels, down 77% from 610 mbu projected in August.

USDA has not printed a number 140 mbu or lower in any month since the 2013/14 final of 92 mbu.

Stocks/use fall to 3.1% (from 3.9% in Dec), a 7yr low. https://t.co/29cEhkmsrE” / Twitter

Karen Braun on Twitter: “Ending stocks for U.S. #soybeans in 2020/21 are seen at 140 million bushels, down 77% from 610 mbu projected in August.USDA has not printed a number 140 mbu or lower in any month since the 2013/14 final of 92 mbu.Stocks/use fall to 3.1% (from 3.9% in Dec), a 7yr low. pic.twitter.com/29cEhkmsrE / Twitter”

Ending stocks for U.S. #soybeans in 2020/21 are seen at 140 million bushels, down 77% from 610 mbu projected in August.USDA has not printed a number 140 mbu or lower in any month since the 2013/14 final of 92 mbu.Stocks/use fall to 3.1% (from 3.9% in Dec), a 7yr low.

Soy-Hungry China Gets Early Start Buying America’s 2021 Crop – Bloomberg

https://www.bloomberg.com/news/articles/2020-12-07/china-started-buying-american-soybeans-from-next-year-s-crop

Jan 13 Morning Ag Commentary — Grain PhD

https://grainphd.com/morning-ag-research/2021/01/13/jan-13-morning-ag-commentary-2/

Food companies and grocers urge commodity suppliers to refuse soybeans from deforested areas in Brazil —— MercoPress

Food companies and grocers urge commodity suppliers to refuse soybeans from deforested areas in Brazil

Some of the world’s largest food companies and grocers urged commodity suppliers including Archer-Daniels-Midland Co, Bunge Ltd, Cargill Inc and Louis Dreyfus Co. to stop trading soybeans associated with deforestation in Brazil’s Cerrado region, a savanna that is a hive of biodiversity and one of the country’s most important carbon sinks.

Great Chinese Famine, Death toll – Wikipedia

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Great Chinese Famine, Illusion of superabundance – Wikipedia

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Jim Long Pork Commentary, U.S. Pork Cut-outs push past 80₵, January 11th 2021 – Swineweb.com – Complete Swine News, Markets, Commentary, and Technical Info

https://www.swineweb.com/jim-long-pork-commentary-u-s-pork-cut-outs-push-past-80%E2%82%B5-january-11th-2021/

Corn Soars to More Than 7-Year High on Shrinking Supply | Morningstar

https://www.morningstar.com/news/dow-jones/202101129550/corn-soars-to-more-than-7-year-high-on-shrinking-supply

Bill Emerson Humanitarian Trust – Wikipedia

Bill Emerson Humanitarian Trust – Wikipedia

The Bill Emerson Humanitarian Trust (BEHT) is a strategic grain reserve held by the United States for the benefit of other countries. It can contain commodities and cash held in trust to supplement food aid made available under programs created by Public Law 480, the Agricultural Trade Development and Assistance Act of 1954.

The Bill Emerson Humanitarian Trust | U.S. Agency for International Development

In 2008, as global food prices spiked, the United States Department of Agriculture (USDA) sold the remaining stocks (about 915,000 MT), converting the trust into an all cash reserve for the purchase of U.S. commodities. The 2008 Farm Bill authorized the Secretary of Agriculture to invest the funds in low-risk, short-term securities or instruments to maximize the trust’s value. The BEHT is under the authority of the Secretary of Agriculture, with the USAID Administrator overseeing the release and use of the funds.

The Bill Emerson Humanitarian Trust | Fact Sheet | U.S. Agency for International Development

The Bill Emerson Humanitarian Trust (BEHT) is a special authority in the Agricultural Act of 2018, also known as the Farm Bill, that allows USAID’s Bureau for Humanitarian Assistance to respond to unanticipated food crises abroad, when other Title II resources are not available.

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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penrose
penrose
January 15, 2021

Sell out massive agricultural products for a fortune cookie. The fortune cookie says “Your future does not look bright.”

Well, at least it’s an honest fortune cookie.

Smoking Eagle
Smoking Eagle
January 15, 2021

“CHINA IS EATING OUR LUNCH!” is accusatory. The blame china model that is so popular at present. “WE ARE SELLING CHINA OUR LUNCH!” would be much more accurate. It’s not as though China were stealing it. China was one of 168 countries that banned the import of US meat because of its use of the growth hormone Ractopamine that is suspected of being carcinogenic. The US twisted China’s arm into resuming imports so we can’t blame China for eating North American pork. Russia and some other countries are behaving wisely in reducing food exports. Every country should grow enough food… Read more »

BobValdez
BobValdez
Reply to  Smoking Eagle
January 16, 2021

Agreed about the article title. You beat me to writing a response. Well done and well said.

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