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Wednesday, 04/04/2018 5:53:11 AM

Wednesday, April 04, 2018 5:53:11 AM

Post# of 10657
CHINA LEVIES RECIPROCAL 25% SOYBEAN TARIFFS!

Well YIPPEE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
"China Hits U.S. Where It Hurts With 25% Tariff on Soybeans
China is U.S.’s top soybean buyer; trade is worth $16 billion

China said it will levy reciprocal tariffs on U.S. soybeans in a significant escalation of trade tensions between the two countries, sending prices of the oilseed in Chicago tumbling. The Asian nation plans to impose 25 percent duties on a slew of U.S. agricultural commodities such as soybeans, wheat, corn, cotton, sorghum, tobacco and beef, according to the Ministry of Commerce in Beijing. They are among 106 U.S. products targeted ranging from automobiles to chemicals and aircraft. Soybeans on the Chicago Board of Trade dropped as much as 4.2 percent, while wheat and corn futures also slid. China is the world’s largest soybean importer and biggest buyer of the oilseed from the U.S. with trade worth about $16 billion last year. The Asian nation’s purchases have climbed to a record as expansion in large-scale livestock farming and a shortage of protein-rich feed grains boost soymeal consumption. New 106 more tariffs on top of the 128 tariffs China imposed recently."
~ Bloomberg News quoted.
https://www.bloomberg.com/news/articles/2018-04-04/china-to-levy-25-tariffs-on-u-s-soybean-imports-cctv-reports

CHICAGO BOARD OF TRADE SINKS 4.2% ALREADY.
WOW! Pesticide poison GMO soybeans in Chicago DOWN $45.!
USA GMO pesticide poison farmers are BANKRUPT BOUND!

DALIAN BOARD OF TRADE SHOWS MORE THAN DOUBLE VOLUME BUYS OF NON-GMO!
4/4/2018 Dalian Commodity Exchange:
No. 1 Soybeans Vol:370230 OI:272716
No. 2 Soybeans Vol:173580 OI:124680
Soybean Meal Vol:4268346 OI:3962266
Soybean Oil Vol:839270 OI:1024786

YSYB IS ROCKETING AS WE SPEAK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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