Pages

Thursday, September 20, 2018

Mother Nature Colludes With Trump To Destroy China's Soybean Crop -- Annie Wu -- September 20, 2018

Speaking of global warming, it looks like China is getting a boatload of global warming. LOL.

I can't make this up: Mother Nature colludes with President Trump to destroy China's soybean crop -- reported one day -- again, reported one day -- after Trump signs the executive order levying tariffs on China.

How does one get Trump, collusion, global warming, China, trade war, soybeans into one story? It would be the perfect political story. Not quite. To be the perfect political story, Stormy Daniels would have to be mentioned. 

A huge "thank you" to the reader for alerting me to this article.

This is one of those articles that overflows with irony.

Readers will recall that the hurricane of the century was forecast to hit Wilmington, NC, as a category 5, until Trump threatened Mother Nature with sanctions. Florence came to a halt, spinning herself into a non-story out at sea, and then hitting landfall as a category 1, quickly dropping to a tropical storm (rainstorm).

Meanwhile, China levies huge tariffs on US soybeans in retaliation for Trump's trade war -- which at the time were only gleams in his early morning tweets. How that worked out for China depends on which movie one is watching. The movie I'm watching suggests that was probably not China's best moment.

So, now global warming. Just when China doesn't need it, China gets hit with a dose of global warming.  Mother Nature colludes with Trump to take down China. I can't make this up. From Annie Wu:



From ntd.tv
Chinese soybean production has dropped precipitously as unusually frosty weather hit key agricultural regions in early September, damaging more than 2.5 million acres of soybean fields and reducing the harvest by an estimated 300,000 tons in the northeastern province of Heilongjiang.
So, there you have it. If China was already reeling from a self-imposed soybean shortage, now they have Mother Nature colluding with President Trump to make things even worse.

I'm only hoping the weatherperson in Raleigh, NC, who reports this story is named Stormy Daniels. Then we would have the perfect news article.

How's The Frost Down On The Pumpkin, Loretta Lynn and Conway Twitty

By the way, what are some numbers regarding soybeans and China? From the article:
On August 10, 2018, Reuters quoted a Chinese agricultural official as saying that Chinese soybean production typically falls short of demand by over 90 million tons, and that it relies on imports to make up the rest. In 2017, China consumed more than 110 million tons, of which it imported 95.53 million tons, or 87 percent of total consumption.
When I read the first time, I thought the article said Chinese demand was 90 million tons -- no, China typically falls short of demand by 90 million tons and relies on imports to make up the rest. Again, and this is hard to believe -- China consumes more than 110 million tons of soybeans but needs to import more than 95 milion tons. Sure, that works out to 87 percent, but, seriously, tell me: if you consumer 110 of anything and you need to import 95 of that, isn't that like you have to import it all. Wow.

I bet Trump knew those numbers. Larry Kudlow probably did not, but he does now.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.