← Back to context

Comment by seanmcdirmid

9 hours ago

America has a surplus of soy beans, it’s China that needs to import from us or Brazil. The mess farmers are in now is that China has decided Brazil is a better source for them given the current trade war going on.

China actually imports a lot of food from us, they seem to be the biggest consumer of chicken and pork feet, for example, which we don’t seem to have much use for. The current subsidies are because that export trade, which farmers have depended on and invested in, has basically disappeared now.