without the outside influences beans would be $10,75 ++
a battle of wills and the US farmer is losing --- they need a better fighter
frey have you happened to of seen any of the chinese internal economic numbers lately....if Americans had the will and not the whine like some china would cave
This bean crop had so much potential and in many places still does
But, a lack of water in so many places have farmers looking to the sky, hoping for a last moment of hope
Many clusters of three and 4 pods/node always gives a good crop "here"
So many plants with clusters of pods all the way to the top also showed much promise
But, if dry in August, the beans are small and as the poster said, the crop is falling apart
Beans are on sale and with a possible smaller crop than expected, you would think some body will need/want beans
If a smaller crop, either somebody gets a good bargain or prices will improve
I recently read where one very large Chinese soybean processor went BK
Possibly a sign that china is also feeling the pain
Another item is swine flu. Almost 1000 animals were destroyed. China says the swine flu was contained but some out breaks of swine flu could go un-reported from small back yard producers. Not all deaths are known or reported and some just die for unknown reasons. If swine flu does break out, china is the worlds largest consumer of pork, and back yard producers are a prime spot for out breaks of swine flu
China is reported to be the largest consumer of pork and the largest swine population
Must be because they have so many people, because when we were in china, we saw evidence of pork sold in food markets and I mean the whole hog was sold
But, in restarant menus, pork was not a feature food
No matter, if swine flu does break out, china may suddenly import a lot more pork
Who cares if we sell soybeans and corn or pork
Wow... thanks for the swine info Hayman... wow.
That is an amzing stat Hayman...............them piggies gotta eat!