- cross-posted to:
- world@lemmy.world
- cross-posted to:
- world@lemmy.world
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.
Archived version: https://archive.is/20250923145806/https://www.reuters.com/world/china/chinese-buyers-book-least-10-argentine-soybean-cargoes-sources-say-2025-09-23/
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Americans when soybean prices go negative (like oil did in 2020):
Good for argentina though. Those export taxes are the source of a lot of financial woes.
So…guess where the US is headed financially
Well well well if it isn’t the consequences of their actions
Argentina currency lost 50% in last few months. US is bailing them out because Milei “market austerity” has to be “proven”. It’s not as though China wouldn’t buy cheap Argentina soybeans anyway, but there’s a nice irony that leopards are eating Trump supporting farmers faces, while he props up Argentina from economic collapse.
Lol more art of the deal at ten
