Chinese grain imports hit record high

Money Control.com ^ | Wed, Apr 11, 2012 at 10:08

[Tailback]

Good grief.

What would we do with unprocessed surplus feed corn here in the USA?

Oh I know, lets subsidize it, require by law to include it in ethanol impaired gasoline blends, thereby destroying small engines nationwide. Or maybe the feds should just use tax money to pay midwest farmers to not grow feed corn?

How about we find a market begging to buy feed corn, and sell it? What part of the federal government is broke do you not understand. Who’s living in the 50’s? You apparently want to continue the new deal great depression style farm subsidy racket. I’d like to see free market approaches to current problems.

[Free Vulcan]

Are you retarded? You are obviously ignorant, from the simple fact you call it ‘feed corn’. That’s the mentality that got us where we are. Corn has protein, oil, neutraceuticals, pharmaceuticals, and the sugars can be fermented into anything you wish, including exotic and high-value chemical. The tech is there and coming on line but everybody is still back channeling Eisenhower and Sputnik and doesn’t want to think about the possibilities and take the risk.

[yefragetuwrabrumuy]

Remember that he led the Screen Actors Guild through the HUAC hearings, and he was able to finger a lot of communists in Hollywood (and they were, but only one ever admitted to it, though the evidence against the others was damning.)

As such, he had a deep understanding of the psychology of fanatical communists. (Oddly enough, an investigative technique used to determine if someone was a genuine communist was to tell them a joke. Fanatics try to fit everything they experience into their tight little reality, so there is no place for humor. Thus they cannot genuinely laugh in a spontaneous manner.)

I really have no clue who gave him his great insights about American agriculture, which he probably got in his youth in Illinois, or during his time in Iowa. America learned a lot about agriculture as a nation during the Dust Bowl and Great Depression. The Federal Surplus Relief Corporation left a lasting impression on many farmers, and not a good one.

[Joe Boucher]

Chi-coms, Saudi Arabia, Iran etc all need fuud stuffs to feed their populations and STILL we refuse to use our food as a weapon???
WTF???
Meanwhile we continue to let the Saudi’s bend us over for OIL?
Starve the bastards.

[Tailback]

Look, give me a report on “Fungible Commodities” and how you trade them in a world market.

Otherwise, stop personally attacking me before I report you to the moderator.

Either Corn, whether it’s feed corn or sweet corn, is a tradable commodity worldwide, or it’s a overgrown federally subsidized welfare crop. A corn farmer may as well sell his farm and go on foodstamps because the difference is semantics.

If there is a market for your corn derivatives, sell them. If there is no market without federal subsidies, go on food stamps. There is no difference.

In fact, I propose every dime of corn subsidy go to Solyndra to subsidize solar panels that nobody wants to buy. (OK, not really) There is no difference pissing away money on worthless money losing companies like Solyndra, than pissing away money subsidizing stupid nonviable corn BS.

I’m sick of the “I’m a conservative except for when it’s my federal subsidy being threatened” types. There is no more money!

[NRG1973]

From the article:

China accounts for about 20% of the world's corn consumption and only 4% of global corn trade...

This sounds like sonething that 0bama would say about the USA and oil production/consumption.

[RedMonqey]

They are going to take over the world but they cannot feed themselves?

Historically speaking, many empires like Rome, Britain and the Soviet Union couldn't sustain their population's staple needs and imported other countries harvests to fill the deficient.

Doesn't make them backwards and may explain their internal need of expansionist tendencies.

Think of the Nazis and Adolf Hitler's ideology of "Lebensraum" (German for " living space").

[RedMonqey]

I'd rather sell the Chinese our grain thus helping our farmers produce food. Not using tax dollars to artificially prop up grain market prices using methanol, the faux "green" energy substitute for gasoline.

We sold grain to the Soviet Union for years yet it didn't prevent it from falling apart. Back during his term, Jimmy Carter's boycott for the Soviet Union invading Afghanistan didn't hurt the commies but it was devastating to the American farmers. Squeezed by gasoline prices, inflation and no market for the product, many family farms went under thanks to "Jimmah's" feel good policy.

[RedMonqey]

They are "prepping."

What they are "prepping" is their American size dinner to satisfy their growing appetite for the Western lifestyle.

They are eating more beef, pork and chicken than previous generations ever dreamed of.

They are "winning" the economic war and I seriously doubt they are going to change their game plan as long as it is successful.

To use an old phrase: "He who has the most toys win"

And they are in the market for more expensive "play pretties" which I don't think they want scratched.

[dfwgator]

That Reagan was shrewd, wasn’t he? ;)

LOL, maybe that Phil Hartman portrayal of Reagan on SNL was more true-to-life than people thought

Mastermind