[G29Reload]

Ties to what I posted awhile back about the Swiss CEO statements about food prices…bought with our money of course. All the profits from selling us their slave labor cheeseball products and with the purchasing power of jobs that fled us to them after Obama made hiring anyone a huge new liability with his healthcare horses#$%. Gee great, we don't have any jobs but the bandaids will be govt distributed. :upeyes: Oh, and all the interest they make on the money they loan us to pay for crap the dems in congress bought us under Pelozi that we don't need.

Congrats dem fools. Remember this when you're paying more at the supermarket.

http://news.yahoo.com/china-order-us-corn-signals-supply-squeeze-061509140.html

BEIJING (AP) — China has made one of its biggest-ever purchases of corn on overseas markets, buying 900,000 metric tons of American corn and showing that growing Chinese demand will play an ever larger role in global grain prices.

The U.S. Department of Agriculture said Thursday that China had made the purchase, which comes despite an expected record grain harvest in China this year.

Hanver Li, chairman of the market research firm Shanghai JC Intelligence Co. Ltd., said Friday that the purchase was necessary to replenish China's dwindling corn reserves.

He forecast that China will import between 7 and 10 million metric tons of corn over the next 12 months.

He said China's rising imports will have a big impact on global corn prices in the long run.

 

[cowboy1964]

Yeah, no jobs were shipped to China or anywhere else until Obama took office, right? :upeyes:

 

[farmer-dave]

China is really trying to expand their hog and livestock operations. As the standard of living improves the demand for meat skyrockets. Feed corn will continue to be in demand. I just wish they'd get busy and buy some more wheat.

 

[17445]

Yeah, no jobs were shipped to China or anywhere else until Obama took office, right? :upeyes:

You are exactly right. Clinton shipped plenty of jobs to China under his program where he gives them more commerce in the hopes that it will bring about democracy. Hasn't worked yet...

 

[TangoFoxtrot]

Yeah, no jobs were shipped to China or anywhere else until Obama took office, right? :upeyes:

Well unfortunitly the blame is still being dropped on the democrat lap again.

You are exactly right. Clinton shipped plenty of jobs to China under his program where he gives them more commerce in the hopes that it will bring about democracy. Hasn't worked yet...

Lawman, I've always repected your opinion, but your somewhat off on this one. George Bush didn't help the situation either by letting this continue during his 8 years in office. Bush was too tied up with Iraq he forgot there was other issues facing this country..like the economy! Actually Bush began socialism when he got the ball rolling to bail out the banking system. BTW I am a registered republican thats disenchanted with the party....OK rant off thanks for listening!

 

[enbloc]

How much Ethanol would 900,000 metric tons of corn produce?

One way of raising gas prices here in the U.S.

~Matt

 

[Babynine]

Last fall I was watching the local Agricultural report on my local news and they said that the US grain reserves were at the lowest leval since the great depression!

I dont think anyone but farmers were intended to hear that as that is a scary bit of info considering everything else going on in the world today.

 

[G29Reload]

Yeah, no jobs were shipped to China or anywhere else until Obama took office, right? :upeyes:

No, but there's a difference between a garden hose and a firehose pumping at full tilt.

 

[17445]

Tango, I hear your point, but the dems are very forgetful about their history. Case in point, the Civil Rights Movement. The dems have conveniently forgotten that they were the opposition party the whole way against equal rights for minorities. Now they are the party for minorities, please.

I know Reagan, Bush I and Bush II did many things which weren't right either. Amnesty, higher taxes, protracted wars, etc., but compared to the current out of control dems in the white house and congress and what they have wrought upon us, I would take the Republicans anytime.

 

[rjrivero]

Can't we just trade the corn for rice? Or maybe rubber dog poo?

 

[daydreamer]

Can't we just trade the corn for rice? Or maybe rubber dog poo?

opcorn:

 

[BORNGEARHEAD]

Buy land...buy land that can be farmed.

 

[farmer-dave]

Buy land...buy land that can be farmed.

Land prices will crash one of these days. Sure supply is low, but it won't take long for things to swing the other direction. Give it a couple of years and prices will drop and so will land values. Buying land now is like buying gold now. However if anyone needs a farmer in central ks for the land that they purchase, I'm available. :embarassed: