SaysWho? Posted December 31, 2018 Share Posted December 31, 2018 https://www.npr.org/2018/12/31/678416352/chickpeas-sit-in-silos-as-trumps-trade-wars-wage-on Quote Since farmers like Druffel brought in this year's crops, hardly any garbanzos — or chickpeas — have moved. "Thirty to 40 percent of our total revenue is in the bin," Druffel says. "And we're not sure what we want to do with it." Quote The real trouble started early this year, with the U.S. pulling out of the Trans-Pacific Partnership. Then came President Trump's steel and aluminum tariffs. China and India are the two largest buyers of American garbanzos, peas and lentils, and those exports have all but stopped. Other countries are holding off on buying them, too, while the prices are unstable. Druffel saw the market drop only when it was too late — after he had already planted the crop in the spring, and then again after harvest. "It was a bit of a roller coaster," Druffel says. "It was one of the best crops we've ever harvested. And then to see the pricing take a 40 to 60 percent fall is really unfortunate. If you're talking real numbers, in February of 2018 I sold chickpeas for 50 cents a pound — and today they're trading at 18 cents a pound." Quote Right now, it's a question of what to plant to make those costs back. Not much in dryland is making money right now. Prices are at or below cost of production in this area for wheat, barley, rapeseed, lentils, garbs and peas. "There's not a lot to run right now, that is the absolute truth," McGreevy says. McGreevy says older farmers might decide to just quit before the next go-round. But young farmers might be giving up the keys to the farm if things don't turn around in a matter of months. "Young farmers generally have a lot more debt that they are assuming as they are just starting off in their careers," he says. "If they are purchasing any property, with prices that we are seeing right now, it's very difficult to cash flow that." Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted December 31, 2018 Share Posted December 31, 2018 America first! We don't need no Chai-neeese or any other kind of Messi-can. Quote Link to comment Share on other sites More sharing options...
Jason Posted December 31, 2018 Share Posted December 31, 2018 Trade wars are good and easy to win when you have Tariff Man on your side! 2 Quote Link to comment Share on other sites More sharing options...
TwinIon Posted December 31, 2018 Share Posted December 31, 2018 It certainly seems like a lot of farmers are just going to go bankrupt as a result of this trade war. China is going to find other sources and those trade dollars will never come back. Quote Link to comment Share on other sites More sharing options...
Ghost_MH Posted December 31, 2018 Share Posted December 31, 2018 46 minutes ago, TwinIon said: It certainly seems like a lot of farmers are just going to go bankrupt as a result of this trade war. China is going to find other sources and those trade dollars will never come back. Never coming back is the piece that I think many are in denial of. Once logistics with more amiable trade partners get sorted out, there's no reason at all to throw that all out just to resume trade with the US. Quote Link to comment Share on other sites More sharing options...
silentbob Posted December 31, 2018 Share Posted December 31, 2018 The thing that really hurts is that these farmers will still vote for the piece of shit president because he does the bigliest deals with his HUGE vocabulary of words. Quote Link to comment Share on other sites More sharing options...
Jason Posted December 31, 2018 Share Posted December 31, 2018 5 minutes ago, silentbob said: The thing that really hurts is that these farmers will still vote for the piece of shit president because he does the bigliest deals with his HUGE vocabulary of words. Trump does love the poorly educated. Quote Link to comment Share on other sites More sharing options...
marioandsonic Posted January 1, 2019 Share Posted January 1, 2019 2 hours ago, TwinIon said: It certainly seems like a lot of farmers are just going to go bankrupt as a result of this trade war. China is going to find other sources and those trade dollars will never come back. JOBS JOBS JOBS Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted January 1, 2019 Share Posted January 1, 2019 Let them eat hummus. Quote Link to comment Share on other sites More sharing options...
Jason Posted January 1, 2019 Share Posted January 1, 2019 What's the difference between a chickpea and a garbanzo bean? Spoiler Trump's never had a garbanzo bean on his face. 3 6 Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted January 1, 2019 Share Posted January 1, 2019 Not bad! Quote Link to comment Share on other sites More sharing options...
Spawn_of_Apathy Posted January 1, 2019 Share Posted January 1, 2019 1 hour ago, 2user1cup said: Let them eat hummus. Probably the alcohol, but I read that as "let them eat humans." Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted January 1, 2019 Share Posted January 1, 2019 12 minutes ago, Spawn_of_Apathy said: Probably the alcohol, but I read that as "let them eat humans." Yeah. That's what I said. Read it again. Quote Link to comment Share on other sites More sharing options...
SaysWho? Posted January 1, 2019 Author Share Posted January 1, 2019 33 minutes ago, 2user1cup said: Yeah. That's what I said. Read it again. Let them eat 40 humans Quote Link to comment Share on other sites More sharing options...
Jason Posted January 1, 2019 Share Posted January 1, 2019 5 minutes ago, SaysWho? said: Let them eat 40 humans 2 Quote Link to comment Share on other sites More sharing options...
SaysWho? Posted January 1, 2019 Author Share Posted January 1, 2019 8 hours ago, Jason said: Simpsons reference doe Quote Link to comment Share on other sites More sharing options...
Spawn_of_Apathy Posted January 1, 2019 Share Posted January 1, 2019 10 hours ago, Jason said: My sister actually has this book. It is great from beginning to end. Quote Link to comment Share on other sites More sharing options...
elbobo Posted January 1, 2019 Share Posted January 1, 2019 chickpeas should be sitting in a dumpster where they belong 1 Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted January 1, 2019 Share Posted January 1, 2019 4 hours ago, elbobo said: chickpeas should be sitting in a dumpster where they belong Burn the witch!!! Quote Link to comment Share on other sites More sharing options...
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