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.
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.
Tyson, perdue, foster ,etc. and plus vances ACRETRADER app.
all the American oligarchs also own farmland, lots and lots of farmland.
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.