this post was submitted on 08 May 2025
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China suddenly cancelled all the soy imports from Burgerreich and instead is buying in Brazil now. Burgers are apparently really pissed about that since it was single biggest item in US exports to China and now agricorpos are losing money and are causing such hell in govt that even Polish news analysts are crying about that.
I heard agristonks people saying it won't have a big impact cuz Brazil stock of soy isn't infinite so one way or the other the soy will flow, maybe just at a higher price overall.
But I don't know shit
I mean US govt will probably give them money anyway and they will just burn the soy. Soy isn't also the hardest thing to farm so i wouldn't be surprised if Brazil would be able to take those contracts entirely.
Also THE SOY MUST FLOW
Stock of soy? Why are they talking as if 90% of Brazil's agro wasn't producing soy?
That production already had a projected buyer before it was planted, some more of it can go to China instead of for example Philipines, but then Philipines will just buy the yank soy, simply at a higher price. It's like Russian oil and gas "ban", higher prices overall but no less production
commoditeez nuts
Unfortunately this will lead to further deforestation in the Amazon.