Why China’s Economy Doesn’t Want American Corn Anymore | WSJ U.S. vs. China

The U.S. produces more corn than any other crop, with American farmers selling $5.3 billion of it to China last year. But China has spent years courting other producers as it is relying more on Brazil and other Latin American countries. China is also exploring ways to become self-sufficient long-term through embracing new technology and better farming education.
WSJ explains why growing its own grains has been such a struggle for China and how it has been trying to wean itself off of its reliance on U.S. corn production.
0:00 China’s corn demand
1:01 China’s struggles
2:57 International partnerships
5:59 Self-sufficiency
U.S. vs. China
This original video series explores the rivalry between the two superpowers’ competing efforts to develop the technologies that are reshaping our world.
#China #Food #WSJ

Пікірлер: 3 600

  • @summersnow7296
    @summersnow72969 ай бұрын

    On one hand, you sanction your customer, poke him in the eye, gather your friends to go against him and then you expect him to continue to buy from you? That's not just being naive, it's also plain arrogance.

  • @sliiicke

    @sliiicke

    9 ай бұрын

    It’s cuz China will be #1 and the U.S is trying everything to stop them by starting conflicts. Same within human nature. If you want to be the best, then your gonna want your competitors to perish even if it means to break rules.

  • @jaimevelasco7957

    @jaimevelasco7957

    9 ай бұрын

    Exactly, and the US claims to love free markets, but refuses to provide the market's actual demands, like corn thats not a GMO. And maybe the US farmers need to adapt and compete with the rest of the world. Then we can talk about subsidies and big agro...

  • @kingswordsc

    @kingswordsc

    9 ай бұрын

    But Americans are accustomed to arrogance, colonization, and economic plunder, and China will make the United States very uncomfortable

  • @alexbighead4997

    @alexbighead4997

    9 ай бұрын

    Only crazy people do that... 😅

  • @gperiaswami3971

    @gperiaswami3971

    9 ай бұрын

    Let US produce more corn for Chinese machineries.

  • @ixanaths
    @ixanaths9 ай бұрын

    US is the one who wants to decouple with China, Americans should be thrilled that China is not buying their corn anymore. American farmers should be very happy instead.

  • @gordonspears6320

    @gordonspears6320

    9 ай бұрын

    I am thrilled that so many Americans are now joining me in "decoupling" from China.

  • @elijah6756

    @elijah6756

    9 ай бұрын

    ​@@gordonspears6320YES. keep inflation sky high

  • @hifivingstarfish6885

    @hifivingstarfish6885

    9 ай бұрын

    @@gordonspears6320 Excellent, China does not need the US market or the trade. It is already the #1 trading nation for over 140 countries and counting. Keep your corn, your chips, and anything else. It only forces China to come up with alternative supplies! This is great news for China. :)

  • @michaeln.2383

    @michaeln.2383

    9 ай бұрын

    If China starves, the US wins. If they don't starve, the US loses.

  • @kimjones2056

    @kimjones2056

    9 ай бұрын

    China needing America isn’t the problem, America needing china is the problem. This doesn’t help us

  • @billberg1264
    @billberg12647 ай бұрын

    I like the bit where the expert explains that a decrease in demand for corn could lead to fewer corn famers. That's the sort of insight we bring these guys on for.

  • @adanpopoca4102

    @adanpopoca4102

    4 ай бұрын

    😂

  • @georgewashington7829

    @georgewashington7829

    2 ай бұрын

    Now to be entirely fair, they're actually wrong. Just look at the American Cheese caves lol.

  • @amandagrant4331

    @amandagrant4331

    2 ай бұрын

    definately

  • @t-dog8528

    @t-dog8528

    19 күн бұрын

    They just plant another plant or sow another seed, barley, wheat, sorghum, chickpea or vegetables..simple really

  • @philmcleod111

    @philmcleod111

    11 күн бұрын

    The US farmers are subsidies by the Government,

  • @herman5eight
    @herman5eight9 ай бұрын

    Monsanto has ruined corn and other crops by genetically modifying the seeds, where the end product isn't fit for human consumption.

  • @Look_What_I_Did

    @Look_What_I_Did

    9 ай бұрын

    Ummm.... No. You're not even bright enough to understand this is feed corn.

  • @Cyclonut96

    @Cyclonut96

    7 күн бұрын

    @@Look_What_I_Did And, you are not bright enough to realize that those animals are destined for human consumption, and not studies were published that say this kind of GMO or glyphosate is good for the human body.

  • @user-nf7og9bg6b
    @user-nf7og9bg6b9 ай бұрын

    in the long terms, china would import Corn from both US and Brazil, but in the current time, china doesn't want american corn anymore is just playing the de-risking game like the US did to China

  • @jt-xk4vj

    @jt-xk4vj

    9 ай бұрын

    well. yes. exactly. china kind of showing the usa " look i got some leverage over you too" . but it only hurts china itself. because this happpneded several times and at the end china will buy american corn from brazil with higher price

  • @MetaView7

    @MetaView7

    9 ай бұрын

    @@jt-xk4vj wishful thinking

  • @HafiZzZzZz

    @HafiZzZzZz

    9 ай бұрын

    China can buy from Russia

  • @tedwong7037

    @tedwong7037

    9 ай бұрын

    @@jt-xk4vjchina bailed on huge amount of corn contract from US simply cos buying from brasil is muxh cheaper, even after paying fines to the US farmers, so, you are not irreplacebale you know?

  • @ArawnOfAnnwn

    @ArawnOfAnnwn

    9 ай бұрын

    @@jt-xk4vj Lol why would China buy American corn from Brazil when Brazil produces its own corn?

  • @ongsengfook
    @ongsengfook9 ай бұрын

    Who wants to buy from seller who treats you as an enemy?

  • @rod9829

    @rod9829

    9 ай бұрын

    Ditto

  • @SK-lt1so

    @SK-lt1so

    9 ай бұрын

    Their stomachs will allay their distrust of free societies.

  • @xiongfeichen316

    @xiongfeichen316

    9 ай бұрын

    @@SK-lt1so it's funny🤣

  • @rcl8793

    @rcl8793

    9 ай бұрын

    Certainly not people who claim to love free market capitalism

  • @xiongfeichen316

    @xiongfeichen316

    9 ай бұрын

    @@SK-lt1so Americans are so fond of wishful thinking

  • @lenkiatleong
    @lenkiatleong9 ай бұрын

    That's why it's important to have govt that works for the people.

  • @Dannysoutherner

    @Dannysoutherner

    9 ай бұрын

    Unlike usa government

  • @Nperez1986
    @Nperez19869 ай бұрын

    It's cool when we become self reliant...but we call foul when others do the same 😅

  • @RC-br1ps

    @RC-br1ps

    9 ай бұрын

    Self reliant? On what front? The US is far from self reliant and is heavily reliant on China. Are you not aware of geo politics and the economics that brought this about?

  • @Meatwaggon

    @Meatwaggon

    9 ай бұрын

    @@RC-br1ps I'm sure he/she is. The geopolitics that brought this about is the US playing dirty and trying to apply the Tonya Harding solution to China's rise in semiconductors, EVs, etc. by attempting to kneecap China's supply sources around the world to limit China's access to them. China's response has been to limit its imports of US goods, one of which is corn, and to limit China's exports to the US of certain key commodities, such as gallium and germanium. Before the US started the trade war, China was happy to keep buying American corn. Now it's given the giant middle finger to American corn. Problem?

  • @allen2770

    @allen2770

    9 ай бұрын

    ​@@RC-br1ps the US is actually or can actually be self reliant on the basic needs of a country. Food, energy, tech etc. . The problem is some of their policies sucks.

  • @RC-br1ps

    @RC-br1ps

    9 ай бұрын

    @@allen2770 'can be' is very different than 'is'.

  • @allen2770

    @allen2770

    9 ай бұрын

    @@RC-br1ps when it comes to energy, tech, food sufficiency and resources. They're basically self reliant.

  • @blokin5039
    @blokin50399 ай бұрын

    China buying corn from a friendly country using the Yuan as currency is a win win for China and Brazil.

  • @gund89123

    @gund89123

    9 ай бұрын

    How is that a win for Brazil ? Very few countries accept RMB as payment. Value of RMB is set by Chinese government unlike USD which is set by market.

  • @blokin5039

    @blokin5039

    9 ай бұрын

    @@gund89123 Because US farmers loss is Brazilian farmers gain simple as that. And the RMB is quickly gaining traction in international payment don't you follow the news?

  • @stunstar4553

    @stunstar4553

    9 ай бұрын

    @@gund89123 Brazilian farmers have a larger market, they have jobs, and they have increased their income. China is the world's factory, and RMB can be used to purchase various Chinese industrial products

  • @tilapiadave3234

    @tilapiadave3234

    9 ай бұрын

    Yuan ,, it makes good fertilizer? Or use it as toilet paper :)

  • @stunstar4553

    @stunstar4553

    9 ай бұрын

    @@tilapiadave3234 Do you still remember when COVID broke out in 2020, Americans panic to buy toilet paper? bcs US cannot even produce toilet paper, almost everything rely on China

  • @Herodotus__
    @Herodotus__9 ай бұрын

    As a BRICS member it is only Reasonable importing from Brazil. They dont even have to use the $ for transaction. Win win

  • @sparks1792

    @sparks1792

    9 ай бұрын

    😂😂

  • @jeffstrehlow2623

    @jeffstrehlow2623

    9 ай бұрын

    Use the local currency and soon will be able to use the new BRICS commodity-backed currency.

  • @gund89123

    @gund89123

    9 ай бұрын

    How is it win for Brazil? few countries accept RMB. RMB value is set by Chinese government USD price is set by market. This is just win win for China

  • @brendanakers7294

    @brendanakers7294

    9 ай бұрын

    @@gund89123 set by the market and how much usd is printed 😂

  • @shihori6751

    @shihori6751

    9 ай бұрын

    ​​@@gund89123like when it's only a win for the US? So, what's the problem? Don't like it when others are also playing imperialism? Now, don't speak about spreading "Westen democracy", Vietnam, Afghanistan, etc are good examples that "western democracy" is useless, it's a joke.

  • @taro7145
    @taro71459 ай бұрын

    US: I hate China. China: OK I don't buy from you. US: Suprised pikachu face.

  • @tekboi1984

    @tekboi1984

    Ай бұрын

    lol.. no one hates China. We are just calling out when there is theft and aggression. Is that not ok?

  • @watchout5508

    @watchout5508

    8 күн бұрын

    Bro do u have any idea how anti- American China is??

  • @ValMartinIreland
    @ValMartinIreland9 ай бұрын

    We in Ireland cannot grow maize corn, wheat or soya bean because the summers are too cold and wet. We can grow a little lower quality for animal feed. We can grow oats and barley very well for malting and breakfast cereal. We import these for animal feed such as an addition for beef of milk production. Our grass is top quality. I don't like the GM label on corn I buy but I have no choice but to buy it for my beef herd.

  • @dxd42

    @dxd42

    Ай бұрын

    Hmmm GMOs are not proven to be bad even for humans... Feeding animals is even low risk for us.

  • @Joe-mp1yj

    @Joe-mp1yj

    Ай бұрын

    I read that with an Irish accent 😂

  • @intheshell35ify

    @intheshell35ify

    Ай бұрын

    ​@@Joe-mp1yj I thought I was doing Irish but it might have been Scottish. 😂😂

  • @sloppy.giuseppe3860

    @sloppy.giuseppe3860

    Ай бұрын

    Good! Animal husbandry was achieved across the world for thousands of years without the need for corn. Cattle especially should be fed grass, hay, haylage or silage, as nature inteded. When this is done E.Coli is a non issue, the animals are healthier and tastier. When you have top quality Irish grass i dont know why you have "no choice" but to buy for your herd, especially when you (rightly so imo) are skeptical of the GM label on the feed.

  • @kryptokrypto702

    @kryptokrypto702

    Ай бұрын

    GMOs aren't bad. It's what's used to make then that's bad. Fertilizer, insecticide, etc.

  • @wendellreis4338
    @wendellreis43389 ай бұрын

    As a Brazilian guy let me explain to you what´s happening. Brazil has a large and diversified source of fertilizers, so there is not dependence on Russian or other country on that matter. Corn crops require almost nothing of labour force, hence the low minimum wage do not explain its competitiveness. What explain the Brazilian competitiveness is climate factors(two harvests a year), long tradition on commodity, improvement in infrastructure, high value of Dollar compared to the Real(Brazilian currency) and subsidies from Goverment to buy brand new equipments and machinery. On top of that, China and US have been brewing a Cold War and others parts of the world will reap the benefits of it. As simple as that.

  • @alexhguerra

    @alexhguerra

    9 ай бұрын

    they both worry waging wars. russia took the matter further and f'up its stupidness for the harvesting land in the east ukraine ....

  • @zebwalton979

    @zebwalton979

    9 ай бұрын

    The Brazilian Government pays farmers for new equipment???

  • @oscarquintero2209

    @oscarquintero2209

    9 ай бұрын

    ​@@zebwalton979it's relatively common in Latam

  • @ichimonjiguy

    @ichimonjiguy

    9 ай бұрын

    China will use its economical clout and influences to coerce other countries to its will. I'm sure you know what happened to Australia's iron ore and coal export to China, and also to Australia's red wine, beef, and lobsters.

  • @drac124

    @drac124

    9 ай бұрын

    @@zebwalton979 Do you understand the concept of subsidies ? Just like US and Europe do to all farmers...

  • @GraniteInTheFace
    @GraniteInTheFace9 ай бұрын

    I have been to Brazil. A lot of Chinese investments in roads and infrastructure has made Brazil more efficient in growing crops helping a lot of communities. However this has caused a lot of issues with deforestation as more Brazilian farmers want to get into the industry.

  • @Aman-oi3re

    @Aman-oi3re

    9 ай бұрын

    If America is so worried about about deforestation they should plant as many trees as Brazil cuts down

  • @berndarndt9924

    @berndarndt9924

    9 ай бұрын

    Compared to other countries, brazil has plenty of forrest.

  • @TheExtraterrestrial99

    @TheExtraterrestrial99

    9 ай бұрын

    Team tree.. 😂😂

  • @tomlxyz

    @tomlxyz

    9 ай бұрын

    ​@@Aman-oi3reyou can't replace tropical trees cut down with trees that grow in a non tropical area. A tropical forest is far more active

  • @tomlxyz

    @tomlxyz

    9 ай бұрын

    ​@@berndarndt9924compared to other countries Brazil is losing trees fast

  • @longcimb
    @longcimb9 ай бұрын

    China should do more trade with BRICs and like minded nations, not with US, Anglosphere plus Japan and Korea. We look forward towards a strong global south to be more prosperous as compared to the wealthy North...

  • @larissamello374
    @larissamello3749 ай бұрын

    If it serves as a consolation, farmers in Brazil are planning to switch to sesame or sorghum next year. The price received was 2 dollars bellow the production cost as there is not enough storage space. The first crop did help with the overall profit though but people are not very happy about it. Not sure about how will that gone with China as we also need to send a message of being a reliable supplier. And the end of the Ukraine grain deal will also raise prices. But people are not thrilled about planting corn in Brazil.

  • @chriswong9158

    @chriswong9158

    9 ай бұрын

    When Brazil direction is clear, they will corner the Corn Market World Wide with the secure Asian market.

  • @charles6677
    @charles66779 ай бұрын

    Most that "corn" shown early in this piece with green husks and sorted by hand on the cob is sweet corn edible for humans. Field corn is harvested when the kernels have dried some and the husk is brown, Field corn has not been harvested on the cob for decades. Field corn is shelled in the combine.

  • @bigpicturethinking5620

    @bigpicturethinking5620

    9 ай бұрын

    Thank you for helping us all navigate this maize of corn agriculture.

  • @leaf16nut

    @leaf16nut

    9 ай бұрын

    What do you know corn farmer

  • @timogul

    @timogul

    9 ай бұрын

    It's stock footage, they use whatever looks best to the audience.

  • @Birdylockso

    @Birdylockso

    9 ай бұрын

    @@bigpicturethinking5620 Good one!

  • @theotheleo6830

    @theotheleo6830

    9 ай бұрын

    @@timogul Stalk footage.

  • @privacyvalued4134
    @privacyvalued41349 ай бұрын

    U.S. farmers don't have margins. They have debt...to companies like John Deere.

  • @parrotbrand2782

    @parrotbrand2782

    9 ай бұрын

    They need cheap versions of john deere

  • @noahpatterson5667

    @noahpatterson5667

    9 ай бұрын

    And while china's buying up farmland

  • @chainsaw76d

    @chainsaw76d

    9 ай бұрын

    They are getting plenty of subsidies. Here in Illinois they seem to be living better than the average citizen.

  • @aidencrawford3487

    @aidencrawford3487

    9 ай бұрын

    ​​@@chainsaw76dNot plenty of subsidies, just getting land paid off. Once you can get a piece paid off, it's very profitable

  • @davestir5743

    @davestir5743

    9 ай бұрын

    Failed economics did you? Don't even know what Margins are....tsk, tsk. You think the only farmers in the world that have debt is U.S. Farmers? Go look up Margins and then edit your comment to be correct.

  • @guilhermetavares4705
    @guilhermetavares47058 ай бұрын

    Brazil has another great advantage: we use a lot of ethanol, but it's produced from sugar cane, so there's a lot of corn left over for export. Infrastructure in Brazil is improving, agriculture is the fastest growing sector, there is a lot of money in the countryside and we have Embrapa, a public agricultural research company that has revolutionized cultivation in the country. The next step is to expand wheat plantations in tropical areas, as was done with soybeans.

  • @willengel2458

    @willengel2458

    7 ай бұрын

    Monsanto destroyed the Chinese soybean industry.

  • @camd6102

    @camd6102

    7 ай бұрын

    Deforestation of Amazonia for corn to cane will be disastrous as tropical soils are thin and alterations to the water cycle will be unsustainable leading to desertification..

  • @guilhermetavares4705

    @guilhermetavares4705

    7 ай бұрын

    @@camd6102 Corn is produced in the South, Southeast and Midwest regions of Brazil, not in the Amazon. Cane is produced in the Southeast, Midwest, Northeast and part of the South. Most of the devastation in the Amazon comes from illegal mining and cattle ranching. In addition, most of the crops grown in Brazil have been adapted to the tropical climate by the state-owned research organization, Embrapa.

  • @netopierro10

    @netopierro10

    4 ай бұрын

    ​@@camd6102you people just repeat what média says with absolutly no knowledge... soy beans and corn are planted on south and south east, amazon forest is in the north... its like there is a issue in New york and people are talking about something that happens in texas

  • @kennethkueh1256
    @kennethkueh12567 ай бұрын

    Other countries will be more than happy to plant and supply China.

  • @parklilys3108
    @parklilys31089 ай бұрын

    Who is to be blamed for American farmers' problems? More sanctions and more trade wars will solve the problems?

  • @willempasterkamp862

    @willempasterkamp862

    9 ай бұрын

    world-population will double from 7.5 to 15 billion. food producing is the answer

  • @aom808

    @aom808

    9 ай бұрын

    Biden will probably say learn to code

  • @aom808

    @aom808

    9 ай бұрын

    @@RoadkillxDemon 😂🤣 no worries he won't remember and will say that again

  • @Crashed131963

    @Crashed131963

    9 ай бұрын

    Its a problem but a positive problem . The US simply produces much more food than it can used or sell . China produces food to survive and still needs imports .

  • @Crashed131963

    @Crashed131963

    9 ай бұрын

    @@RoadkillxDemon Fun Facts- China has more cars than the US has people . China burns more coal than North America and Europe "Combined " .

  • @ttemp2631
    @ttemp26319 ай бұрын

    same for Australian wine. Suddenly there is a billion dollar market up for grabs. All wine producing countries like France, S Africa, Chile all want to jump in the gap and do business there

  • @MusehanaH

    @MusehanaH

    9 ай бұрын

    South Africa already taken some of that Aussie loss since Australia started that 200% Chinese tarrif hike 😊

  • @gkmn7543

    @gkmn7543

    9 ай бұрын

    Just look at how Macron, Sanchez and Scholz all recently visited China and were so eager to discuss business. I would not be surprised if Meloni makes a trip soon in the near future. Australia played itself. For some reason they thought they were the only country in the world that produced wine. Australia even thinks that it has a grip over China due to iron ore exports. China has started transitioning their iron ore purchases to Brazilian, Russian and Guinea Africa sources. Guinea has the largest untapped high grade iron ore deposit in the world and has restarted the Simandou mine back in March. Brazil produces at around half the capacity of Australia and has around half the discovered reserves whereas Russia produces at around a quarter of the capacity of Australia and has half the discovered reserves meaning tons of future mining potential. Not to mention the NE of China itself, which is sitting in 4th place in both mining and reserves. No one has a everlasting monopoly on any product or commodity in this world and a lot of countries are learning this lesson the hard way.

  • @Bamboo180

    @Bamboo180

    9 ай бұрын

    @@gkmn7543 Lost business maybe take few years, but lost business trust only need few days.

  • @tspielman1

    @tspielman1

    9 ай бұрын

    Yellowtail is 🗑️! Just because they produce a ton of it doesn't mean it's good😂😂😂

  • @tilapiadave3234

    @tilapiadave3234

    9 ай бұрын

    And Australia found alternate customers ,,, How is Australian exports doing ? OHH look at that RECORD numbers :)

  • @williamravisburn2651
    @williamravisburn26519 ай бұрын

    Well, if China not buying their corn could send our farmers into bankruptcy, then it sounds to me like those farmers should diversify their portfolio. 🙂

  • @f_youtubecensorshipf_nazis

    @f_youtubecensorshipf_nazis

    9 ай бұрын

    they can't it sound to me like you should learn what you're talking about

  • @williamravisburn2651

    @williamravisburn2651

    9 ай бұрын

    @@f_youtubecensorshipf_nazis Ok, then by all means, please educate me on why exactly when you till up the dirt, it is impossible to plant something else besides just corn for acres at a time. Seeing as I'm too stupid to grasp this as a lowly uneducated farmer myself. 🙂

  • @lindafoxwood78
    @lindafoxwood789 ай бұрын

    I try to avoid corn as much as possible; I haven't eaten corn in over a year. I also avoid rice, flour, sugar, starches and other high carbohydrates. I went from 185 pounds to 150 pounds in 6 months and have been stuck at 150 pounds for over a year now. I will never go back to my old diet. I'm just saying.

  • @kenhofer8063

    @kenhofer8063

    9 ай бұрын

    The food you mentioned never hurt anyone unless you eat a ton of everything

  • @walnutkraken9430

    @walnutkraken9430

    9 ай бұрын

    Lethargic fatty stops eating, loses weight.

  • @kethmarhkfy7luf.263

    @kethmarhkfy7luf.263

    8 ай бұрын

    It's called the keto diet.

  • @4191682
    @41916829 ай бұрын

    Well, it's refreshing to see WSJ tells something about China as it is without idealogical nonsense.

  • @LongWindedUsername

    @LongWindedUsername

    9 ай бұрын

    "without idealogical nonsense" Like what? Give examples.

  • @Nnomadd

    @Nnomadd

    9 ай бұрын

    @@LongWindedUsername do we need to ?

  • @kq2799

    @kq2799

    9 ай бұрын

    Tell us more, magaTbunchofnumbers.

  • @oldtechie6834

    @oldtechie6834

    9 ай бұрын

    Waiting to see some objective reporting coming out of WSJ.

  • @dagelichb

    @dagelichb

    9 ай бұрын

    The U.S. imperialists are very arrogant. Wherever they can be unreasonable, they must be unreasonable. If they are a little reasonable, they are forced to do so. ---Mao Zedong 1953.9.12

  • @martikepler4700
    @martikepler47009 ай бұрын

    Brazil is already the world first producer of coffee, sugar cane, orange juice, soy bean. It has the largest cattle herd in the world. It is the first exporter of chicken, beef, celullose, cotton (2023) and soon will be biggest corn producer. It is achieving autonomy in wheat production perhaps next year. It has the largest amount of arable land in the world. But it uses only 64 million hectares from 410 million ha available of arable land.

  • @Madame702

    @Madame702

    9 ай бұрын

    Brazil, is not going to be exporter because they need cheap oil and cheap fertilizers to make the Brazil economic model work. With America, China, and Russia pulling out of "Globalization" that will affect Brazil. Only if Brazil allies with the United States it can reduce the de-globalization affects and global warming that also affecting. Your luck that Argentina is such a economic basket case otherwise they would be killing your economy.

  • @martikepler4700

    @martikepler4700

    9 ай бұрын

    @@Madame702 You have poor information about Brazil. It is already self sufficient in oil production. It is even a exporter of crude oil and it is listed among the ten largest oil producers. But I agree that the global warming will perhaps cause the collapse of civilization very soon.

  • @Madame702

    @Madame702

    9 ай бұрын

    @@martikepler4700 Ok this were I take you school Brazilian. Sorry don't try to flex on me, I'm American, I know the what nations can and can't do.

  • @Madame702

    @Madame702

    9 ай бұрын

    @@martikepler4700 Which means what when Brazil was settle the Emperor of Portugal had to make sure that people already had money. Now to make things worse the Emperor of Portugal didn't help the Portuguese settle Brazil which mean if you bought land in Portugal which by way you and to have a special invitation of the Emperor to do so you had to pay for everything. You had to build the roads, bridges, police, and fire department not government of Portugal.

  • @Madame702

    @Madame702

    9 ай бұрын

    @@martikepler4700 So you had corporate towns in Brazil. So what does that mean it means 6 families in Brazil control 50% that right 50% of all the economy of Brazil. And since they had to pay for everything their not going share their wealth with you Brazilian.

  • @jonathaneffemey944
    @jonathaneffemey9448 ай бұрын

    Thanks for posting.

  • @icontrolmyownguns2096
    @icontrolmyownguns20969 ай бұрын

    I'm American and I don't want American corn either and refuse to buy it. It's gmo and sprayed with roundup poison. I grow my own corn.

  • @johnchin1456

    @johnchin1456

    29 күн бұрын

    Free cancers with GMO

  • @houseplant1016
    @houseplant10169 ай бұрын

    America : issues hundreds of sanctions against China "to protect American businesses" China: does the same America:😮

  • @bobuh

    @bobuh

    9 ай бұрын

    America does this, because it has a reason to do. china has no reasons to sanction the US.

  • @bobuh

    @bobuh

    9 ай бұрын

    And yes, America does that to protect its companies and bussiness. china openly steals American technology and spies on the US tech, china doesn't have its own technologies, it's all stolen from America. And finally America is answering this.

  • @gbenay

    @gbenay

    9 ай бұрын

    The problem is CCP China doesn't trade fair. They want access to the U.S market but not the other way around. Trading should be a two way street.

  • @leodeldominguiano2162

    @leodeldominguiano2162

    9 ай бұрын

    ​@@gbenayusa did those first

  • @leodeldominguiano2162

    @leodeldominguiano2162

    9 ай бұрын

    ​@@gbenayyou should study history sanctions is the very soft power of usa like they did on japan in 20th century currency manipulation

  • @karlinchina
    @karlinchina9 ай бұрын

    When I traveled in Southwest China I noticed that rice was grown at low elevations and corn was grown only above a certain altitude. I think China is using its marginal land for corn whereas the US is using its best land. Things are probably changing in China if they're eating more meat.

  • @marcariotto1709

    @marcariotto1709

    9 ай бұрын

    Watch Peter Zeihan better still read his latest book. It us staggeringly shocking what the world is facing. China's doesn't have the people in the right places anymore to produce anywhere near enough rice to feed itself due to industrial migration to cities. Rice is an extremely finicky labor and water intensive crop that they and almost the entire world cultivates manually. Corn likes heat and humidity.

  • @mzy10511

    @mzy10511

    9 ай бұрын

    @@janetmalcolm3403 gotta love how blatant racism is always accompanied by an extreme ignorance.

  • @2841guilherme

    @2841guilherme

    9 ай бұрын

    @@janetmalcolm3403average american spotted

  • @lolcatjunior

    @lolcatjunior

    9 ай бұрын

    ​@@janetmalcolm3403Chinese civilization is older than Western civilization.

  • @metalvideos1961

    @metalvideos1961

    9 ай бұрын

    There is no best land in the USA

  • @williambonadurer9750
    @williambonadurer97509 ай бұрын

    Legit question. If Corn is a commodity then why would china switching suppliers really affect the price? There still would be the same amount of corn bought and sold.

  • @philmcleod111

    @philmcleod111

    11 күн бұрын

    @william, True but the money doesn't go to US farmers,

  • @mingouczjcz3800
    @mingouczjcz38009 ай бұрын

    China started buying South African corn. Reciprocity and good-well is what sustainable business relationship is all about.

  • @chinchillaruby4170

    @chinchillaruby4170

    9 ай бұрын

    Enjoy it while it lasts, idk if that country will exist circa 2030. It might exist in a way similar to Somalia or South Sudan.

  • @chrisgreaves3618

    @chrisgreaves3618

    9 ай бұрын

    @@chinchillaruby4170 South Africa and China are both going down the tubes faster than us

  • @conniekabasharira7084

    @conniekabasharira7084

    9 ай бұрын

    ​@@chinchillaruby4170you wish. As if yours isn't imploding from inside, you are eating yourselves up, good luck

  • @chinchillaruby4170

    @chinchillaruby4170

    9 ай бұрын

    @@conniekabasharira7084 white farmers would rather live in Zimbabwe than South uth Africa, telling. White flight is usually a good indicator on the future of an area. Don't believe me? Look up Gary, Indiana.

  • @conniekabasharira7084

    @conniekabasharira7084

    9 ай бұрын

    @@chinchillaruby4170 all that doesn't matter, slowly but surely, whether it's from western sanctions or not, we'll get there. With infrastructure development and most especially irrigation schemes that this continent is investing in, why not? Nothing that happens in Africa should concern you unless you're a native African. Africa minds its business, I've not seen them meddling in affairs of Europe, Asia, America etc and I believe everyone should do the same. All that matters at this moment is getting rid of people who came here as foreigners that wanted to own half of the country's land and resources while the natives with the bigger population are eating dust

  • @who2u333
    @who2u3339 ай бұрын

    For the local farmers that can't shift with the new economics, the corporate growers will be there to buy them out. Hopefully the local farmers are shifting to other crops.

  • @dj_menyo839

    @dj_menyo839

    9 ай бұрын

    its too late. I have family that are farmers in Mexico and US. GMO corn has genetically engineered herbicide in them. The corn plants are resistant to strong herbicides and the farmers will then use these strong herbicides to treat the farmlands. The downside is that you can hardly plant any other things there that will not be affected by the herbicide in the soil.

  • @feedyourmind6713

    @feedyourmind6713

    9 ай бұрын

    Beijing controls industrial level agriculture.

  • @feedyourmind6713

    @feedyourmind6713

    9 ай бұрын

    @@annarock8966 Not understanding the last two sentences.

  • @_Wai_Wai_

    @_Wai_Wai_

    9 ай бұрын

    There are adverse health effects from eating animals fed on gmo corn

  • @dianew2007

    @dianew2007

    9 ай бұрын

    Corporate growers are like nonexistent in China

  • @josepatriciosilva3825
    @josepatriciosilva38259 ай бұрын

    Remember . Brazil uses only 50% of it's territory . Another 50% is Amazon.

  • @Cyclonut96

    @Cyclonut96

    7 күн бұрын

    Remember, corn sucks out nitrogen from the soil it grows in. Making it poorer each harvest. There is a limit before you have to make soil rich again. Don't be foolish.

  • @4Lights.5Liights
    @4Lights.5Liights7 ай бұрын

    time mark 6:44 ?? Is this correct? "Using cornbread to maximize growth"

  • @shazamshazamshazam696
    @shazamshazamshazam6969 ай бұрын

    Except in the U.S. it isn't actually, "farmers," it is huge corporate growers, established in particular when the 1980s faked up farm crisis in the U.S. allowed the corporate take over of U.S. farms from families and transferred it to corporate growers.

  • @partimentieveryday

    @partimentieveryday

    9 ай бұрын

    Correct! Here's to praying on their downfall!

  • @rudiruttger

    @rudiruttger

    9 ай бұрын

    there is nothing wrong with farms that are integrated within a corporation of holdings, that's an organic reality of property and industry

  • @partimentieveryday

    @partimentieveryday

    9 ай бұрын

    @@rudiruttger Our "organic" reality is one of unmitigated, deadly climate change/ecosystem collapse. That's a nice opinion you have there, mine is that socialism is organic.

  • @mehere8038

    @mehere8038

    9 ай бұрын

    And they are not "just getting by" either. There are still some family farms out there that are only just getting by, because of US corporations squeezing them out but yeh, the corporations & their corruption mean there's PLENTY of government subsidies paying for their crops!

  • @pedromachado8513

    @pedromachado8513

    9 ай бұрын

    @@rudiruttger HAHAHAHAHAHAHAHAHAHAHHAAHHAHA THATS HILARIOUS

  • @wisenber
    @wisenber9 ай бұрын

    The US would have to produce what buyers want to buy. Foreign markets have shown that they do not want GMO corn.

  • @levismith7444

    @levismith7444

    9 ай бұрын

    Is it because they don’t like roundup weed killer in their corn?

  • @wisenber

    @wisenber

    9 ай бұрын

    @@levismith7444 I imagine that the crops not producing any seed corn might be an indicator as well. That being said, I don't eat corn or soy, and I don't feed my livestock corn or soy GMO or not.

  • @mehere8038

    @mehere8038

    9 ай бұрын

    @@levismith7444 it's a lot more than just that, but the fact that consumers know that is in the food doesn't help. Consumers in general don't know that ALL crops get sprayed with herbicide 5 days before harvest, so they don't object to that because of ignorance. notice how the harvest in this video is of dead corn? that's not natural you know! That's called "decanting" which means spraying it with herbicide to dry it out for harvest. 5 day withholding period between spraying & harvesting for human consumption, hence the 5 days before harvest

  • @bagey63

    @bagey63

    9 ай бұрын

    They've been caught red-handed trying to steal the tech. It's a power play and nothing else.

  • @lambertois11

    @lambertois11

    9 ай бұрын

    Did you know that China is the biggest used of pesticide in the world?

  • @rogerpha1398
    @rogerpha13984 ай бұрын

    [China] "We will no longer import US corn...We will just buy their farm land for ourselves!"

  • @Geoff020650
    @Geoff0206509 ай бұрын

    Its unfortunate that the US keeps on attacking and slandering your biggest agriculture customer. If you diss your customer they buy elsewhere. Besides Brazil and South America, there is also the Russian supply where Russia has opened up thousands of hectares for Chinese companies to cultivate. I think it's time for the US to treat its customers' with respect.

  • @Dan-el4mz

    @Dan-el4mz

    8 ай бұрын

    That goes both ways who do you think chinas biggest customer is

  • @SorminaESar
    @SorminaESar9 ай бұрын

    My friends import corn of US to process pop corn, beside it will use to the animals too. But umfortunately, if we import corn from US to Imdonesia will spend time at least a month and the price to clearance of the port will pay tax of importy duty too. It's so different when we import from China have no importy duty tax at all

  • @lagrangewei

    @lagrangewei

    9 ай бұрын

    because US look down on everyone and refuse to sign FTA... US won't even sign an FTA with "most important allies" UK after tricking UK to leave the EU on the promise that US would trade with them if they do. whereas it easy for ASEAN to get a trade deal with China. China is happy to trade with everyone...

  • @jeffstrehlow2623
    @jeffstrehlow26239 ай бұрын

    The fact that the Americans have become so hostile toward the Chinese in resent years, the Chinese would probably prefer to do business with someone else. So if the cost and quality is the same the Chinese might choose corn from a Latin American country.

  • @200cdl

    @200cdl

    9 ай бұрын

    We're so hostile that China sent a balloon over our country for 10 days with ground imaging and a controlled guidance system, From Alaska to the East coast and this Administration just sat there and watched, no we're not to hostile, just a little out of touch with what's really happening in the real world, as long as our piped piper media news doesn't open the curtain , the vast majority of the water heads watching will know what their told

  • @-Katastrophe

    @-Katastrophe

    9 ай бұрын

    Hostile towards the chinese? When the chinese government propagandizes to it's own people that americans are china's sworn enemy? I don't know, seems kinda projectey to me.

  • @gund89123

    @gund89123

    9 ай бұрын

    If china stopped stealing technology then America would treat China with respect & do business with them.

  • @rickjames18

    @rickjames18

    9 ай бұрын

    You CCP bots/trolls are all the same. You ever stop to think why the US has turned away from China after decades of trying to help China? let me put it this way, China would not be where it is today without the US helping them for so long.

  • @kellharris2491

    @kellharris2491

    9 ай бұрын

    The hostility goes both ways. China has become more and more anti anything west and nationalism is higher then ever.

  • @Piemasteratron
    @Piemasteratron9 ай бұрын

    4:13 sorry but 'Doubled down' is a bit of a non phrase. I've heard it being used to mean playing something down and the exact opposite in different sources. So which one is it?

  • @dpeasehead
    @dpeasehead9 ай бұрын

    Corn is now a globally important crop but it originated in the Americas and was unknown to the rest of the world prior to 1500. Food crops developed by native Americans have become staples in cultures all over the world.

  • @taichitao85

    @taichitao85

    9 ай бұрын

    wrong, the gods gave seeds to the ancient race, and Native American is a descendant of those ancient races, and the same for mongoloid race

  • @7tmichael

    @7tmichael

    9 ай бұрын

    @@taichitao85😂😂😂

  • @juanitowalker1781

    @juanitowalker1781

    9 ай бұрын

    Corn was invented by the mayan,8000 years ago. Look up " the grandfather of corn".

  • @juanitowalker1781

    @juanitowalker1781

    9 ай бұрын

    Teocintle,el abuelo del maíz.

  • @floxy20

    @floxy20

    8 ай бұрын

    So what?

  • @douglashurd4356
    @douglashurd43569 ай бұрын

    Look at the current chip war and we see why China wants more diverse supplies. China seems to be doing it's best to avoid Thucydides Trap.

  • @gund89123

    @gund89123

    9 ай бұрын

    If China didn’t copy technology from west this wouldn’t have happened. China doesn’t want foreign companies doing business in China either. They don’t want Google, FB, Twitter operating in China.

  • @goldenfox2486

    @goldenfox2486

    9 ай бұрын

    Naturally China wants to avoid Thucydides Trap since they are the rising power and benefit from avoiding conflict. The question is, will the established power of the United States allow that to happen? Given US officials openly predicting a conflict by various dates such as 2027 or even 2025 it seems more likely that things are headed in the usual historical direction.

  • @douglashurd4356

    @douglashurd4356

    7 ай бұрын

    Why can't I see replies to my comment?

  • @somone1437

    @somone1437

    2 ай бұрын

    they can do it. Brazil doesnt seem to want rmb unless they are sure that rate is better or someone will accept it(china trade?)

  • @Subaru2_1
    @Subaru2_19 ай бұрын

    I strongly like these types of video themes that inform me of economics, trade, and commercial affairs.

  • @chuckguyitt4017
    @chuckguyitt40178 ай бұрын

    The whole thing boils down to simply SUPPLY AND DEMAND. Brazil has a huge record breaking crop of corn this year and have to market it somewhere, they sell more cheaper than USA corn.

  • @HarryGeraldWang

    @HarryGeraldWang

    3 күн бұрын

    How great u re Hayek

  • @nathanembry9245
    @nathanembry92459 ай бұрын

    Why America doesn't want Wall Street anymore

  • @mnsawmill2904
    @mnsawmill29049 ай бұрын

    Corn and Soybean exports nosedived and went primarily to Brazil during the Trump administration as a result of Trumps trade war, this resulted in a record bailout for US farmers, a market that will likely never be regained.

  • @JosedeJezeus

    @JosedeJezeus

    9 ай бұрын

    Talk about MAGA!

  • @walterwang2011

    @walterwang2011

    9 ай бұрын

    Biden only escalated the trade war, although it's not talked about much in the Media anymore.

  • @gc1172

    @gc1172

    9 ай бұрын

    I think we exported a near record amount those years. Gan you get the USDA records since every bushel is recorded. I know a lot of US corn is used all over the world.

  • @mnsawmill2904

    @mnsawmill2904

    9 ай бұрын

    @@gc1172 It did recover some towards China in 2020/2021 because of Ukraine war and poor crop yields in Brazil, 2017 and 2018 saw substantial declines from previous years. www.fas.usda.gov/china-2021-export-highlights

  • @arnaldobellucci9033

    @arnaldobellucci9033

    9 ай бұрын

    Simply not true.

  • @lord_of_love_and_thunder
    @lord_of_love_and_thunder9 ай бұрын

    The US farm sector is a classic case of government overreach. American farmers should focus on high value and high quality crops, not mass quantities of staples which the market cannot adequately compensate.

  • @kongwee1978

    @kongwee1978

    9 ай бұрын

    US can dump the whole wheat and corn price so that everyone import from US.

  • @lord_of_love_and_thunder

    @lord_of_love_and_thunder

    9 ай бұрын

    @@kongwee1978 How does that benefit American farmers ?

  • @xila-man8249

    @xila-man8249

    9 ай бұрын

    High quality, high "VALUE" resulting in food inflation but who cares about inflation right? Money is KING...

  • @dayviduh

    @dayviduh

    9 ай бұрын

    Exactly! The market is distorted with subsidies because the electoral college gives a lot of power to rural states

  • @Steven-xf8mz

    @Steven-xf8mz

    9 ай бұрын

    high value and high quality crops? US is the most rich country out there, and we don't have that many rich within our population to consume all of those. Just becuz top 1% of our population owns 25%+ of wealth, it doesn't mean they can eat 25x much as a normal person. where are they gonna export to?

  • @RookieLee
    @RookieLee9 ай бұрын

    Who needs American corn when we have "Beijing Corn"

  • @walnutkraken9430

    @walnutkraken9430

    9 ай бұрын

    Is that cooked with gutter oil by chance?

  • @tomtibbits4423
    @tomtibbits44239 ай бұрын

    China in the past has had a problem growing quality corn. It was often speculated that much of it had toxic molds that made it unusable for livestock feed. Now that Syngenta is owned by a Chinese company their gmo insect resistance might be used, happens to be that they have a trait that stops bugs from attacking the grain and reduces toxic mold. In addition to Brazil China also has agreements with Ukraine, Ukraine has a arable land area comparable to the US corn belt in terms of growing season, moisture, and land area. The ware in Ukraine is going to end and grain raised again and flow out as it did before.

  • @walkingwithsandels5728

    @walkingwithsandels5728

    7 ай бұрын

    Is this info a " trust me bro" info

  • @Madpett

    @Madpett

    5 ай бұрын

    @@walkingwithsandels5728 😄

  • @alleygator8538
    @alleygator85389 ай бұрын

    Decoupling from China is so great. 😂

  • @st20332

    @st20332

    9 ай бұрын

    Yeah it is

  • @gordonspears6320

    @gordonspears6320

    9 ай бұрын

    I totally agree, and I welcome all the new "decouplers"

  • @adrianronn3189
    @adrianronn31899 ай бұрын

    It's the same problem of China not buying Australian coal and substituting it for Brazilian exports. Brazilian exports were just diverted away from southeast Asia leaving a gap to be filled by the same Australian coal China didn't want. Trading ties change but unless there is a massive drop in global demand, average global production will remain the same.

  • @chinchillaruby4170

    @chinchillaruby4170

    9 ай бұрын

    I liked the leaks of rolling blackouts when they did that, real geniuses.

  • @MuantanamoMobile

    @MuantanamoMobile

    9 ай бұрын

    Very funny how declaring your largest market as an enemy and ganging up with their biggest threat can make them not want to buy stuff from you. Funny how that works.

  • @xinyiquan666

    @xinyiquan666

    9 ай бұрын

    stop NS, southeast asia has its own coal, indonesia is big coal exporter, also entire southeast asia all add up is like 1/ 100 of size of what china imports, also another fact is , china itself is biggest coal producer, accounting 51% of world total production, china only imports some coals for steeling making, not all other purposes. also china never buy coal from brazil, china imported coals from russia and indonesia and mongolia( world second largest coal reserve next to china), not brazil

  • @tweedy4sg

    @tweedy4sg

    9 ай бұрын

    @@xinyiquan666 do you mean BS, not NS ? .. heehee. And amazing how ozzie bogans believed their media totally & unquestioningly when they say China is suffering from blackouts bcs china stop importing their coal, as though they were the only source for coal.

  • @jamessorensen7277

    @jamessorensen7277

    9 ай бұрын

    @@MuantanamoMobile funny? Not from my point of view. Sad most Americans can’t see that, and see the prc uses capitalism as a tool way better than the U.S.

  • @aminuaidara8601
    @aminuaidara86019 ай бұрын

    Who is to blame for all this we knows is not the Chinese but evil Uncle Sam it's to blame for this

  • @SuperLooneyrooney
    @SuperLooneyrooney9 ай бұрын

    Can’t blame them. I wouldn’t want to do business w the US either

  • @tomlxyz
    @tomlxyz9 ай бұрын

    What i find weird is when subsidized food is exported

  • @gordonspears6320

    @gordonspears6320

    9 ай бұрын

    Why is this wierd? This is the poor & middle class tax payers subsidizing the big ag industry. This is normal.

  • @mehere8038

    @mehere8038

    9 ай бұрын

    yes I agree in general, although right now I find the expected global starvation due to Ukraine's grain blocks to be more bizarre while the US is saying it can't find anyone to buy it's grain that was previously feeding Chinese animals & they may need to turn that food into ethanol instead of preventing a global famine! Billions & billions to weapons in Ukraine, but the subsudised grain can't feed those in starvation mode?

  • @zenastronomy

    @zenastronomy

    9 ай бұрын

    it's about control over the 3rd world. any rebellion to the US by the leaders of a country, and they starve you to incite social overthrow of the government. ppl will usually overthrow a good government, if it means they are starving. US EU subsidise their own farmers and deny 3rd world from doing the same. That eay they have their foot on their throat all the time.

  • @Gongolongo

    @Gongolongo

    9 ай бұрын

    ​@@gordonspears6320LOL low class isn't paying much taxes. Middle class I would say so. Are you going to ignore the fact that the top 1% pay 50% of the tax revenue?

  • @gordonspears6320

    @gordonspears6320

    9 ай бұрын

    @@Gongolongo Not ignoring it, but the wealthy derive nearly all of the benefits from such commercial subsidies.

  • @koonsiang0345
    @koonsiang03459 ай бұрын

    The central Asian states and Russia already in process of filling that gap. And they have large tracts of land. Plus transportation costs will be reduced

  • @joelongjr.5114
    @joelongjr.51149 ай бұрын

    You talk of field corn (exportable), and show canned video of sweet corn @ 2:20 in the video. This is not a reputable report. Shame on WSJ.

  • @thezfunk
    @thezfunk7 ай бұрын

    We are wasting resources subsiding corn here in the US so China can grow pigs with our corn. We could using our land so much better.

  • @sleepyjoe4529
    @sleepyjoe45299 ай бұрын

    America: WE ARE GONNA DECOUPLE! I MEAN "DE-RISK" FROM CHYYYYYYYNA!!! 🤪 China: Oh good idea, we'll do the same 😚 America: wait. 😮

  • @gordonspears6320

    @gordonspears6320

    9 ай бұрын

    I "decoupled" from China decades ago. It hasn't harmed me at all.

  • @Pizzafan622

    @Pizzafan622

    9 ай бұрын

    are you like 12?

  • @petertan_sg
    @petertan_sg9 ай бұрын

    The problem starts when political arm try to twist its own economical arm. China is a huge market for any goods and it has to prudently diversify from just one supply source.

  • @marcariotto1709

    @marcariotto1709

    9 ай бұрын

    China is facing numerous massive problems. It is way way more and worse than just one pivot. Find Peter Zeihan's macro geopolitical work.

  • @earthwizz

    @earthwizz

    9 ай бұрын

    Particularly a supply source that's waging a proxy war on them.

  • @AhJodie
    @AhJodie7 ай бұрын

    US farmers should be using corn that can grow without all the junk they put on it which pollutes the land and environment. Remember, USA once had plenty of animals to eat that were wild. The corn that is grown makes the animals fat, low nutrients, and people get fat too. I would rather eat a healthy animal and be healthy too. I also really like clean water and air, and I even like birds and bugs! Some animals do well by not eating corn at all. People could also use many other products to be grown in those rich lands where it is grown now.

  • @JamesPetrycia-zj7yq
    @JamesPetrycia-zj7yq9 ай бұрын

    China doesn't need to buy corn the US, China has farmlands in the US and they ship it to China without recording exports. Just like Smithfield's foods shipped pork to China without recorded statistic. How many farmlands does China have in the US??? Our government has no idea, it's state record.

  • @ukassay66
    @ukassay669 ай бұрын

    Because China knew about a disaster more than ten years ago, American companies induced Chinese farmers to plant specific crops through agricultural technology subsidies, which later led to American companies controlling China's grain prices and manipulating and acquiring Chinese companies to obtain benefits. The United States is also doing this in many countries around the world. Because food is the lifeblood of a country, controlling food can not only gain benefits but also control the country at the same time. So this is a food war, China just made a gesture of resistance, of course many countries failed to escape the clutches of US companies, so the US should stop playing the role of savior

  • @alanssshh

    @alanssshh

    9 ай бұрын

    well said

  • @heyojayo8642

    @heyojayo8642

    9 ай бұрын

    These are the same companies that sell poor as dirt farmers their sterilised seeds that are expensive and are only good for one crop. The crops will never yield seeds themselves so the farmers have to buy expensive seeds for another crop from these controlling companies again after selling their crop for pittance. Its a viscious cycle that keeps their strangle hold on these poor farmers and never lets go.

  • @indescribableemptiness4104

    @indescribableemptiness4104

    9 ай бұрын

    How were they able to control grain prices? I feel like I’m missing information here, and don’t understand how the first statement leads into the latter one in your first sentence. I tried looking it up and only get Reuters articles from 2011 saying that the US corn supply is the shortest it’s been in decades, and referencing severe droughts in Chinas wheat belt. I found something that could better fit what you’re talking about, but it’s a article hosted by the US department of agriculture so I don’t think you’d accept that. In the article they speak about a US export surge in 2013 in relations with China. It starts off with Chinese government support (agriculture taxes, payment to grain producers, subsidies for “improved seeds,” and subsidies for machinery purchases) in 2004. Over the period Chinese officials saw that while payments rapidly grew over the decade to $75 billion usd, it was noted that the subsidies have not kept pace with rising production incentives to produce grains and other crops. “With agricultural production costs outpacing the subsidies, Chinese officials began raising price supports to boost farm income and higher domestic prices led to rapid growth in agricultural imports.” The Chinese officials introduced minimum procurement prices for rice and wheat in 2004-05 to act as a floor under market prices. Subsequently in 2008 prices were to be raised annually, and added supports for corn, soybeans, and rapeseed. Additional supports were made by the Chinese government in 2009 (pork) and 2011 (cotton) to keep domestic prices steadily in a rising path. “So as to prevent further erosion of net returns to farmers.” The stated goal of the price support programs is to prevent steep decline in farm prices by purchasing commodities during a slack demand. Because of this though by tying the floor price to increases in production costs and the requirement of commodities to be resold at a higher price to recover storage costs creates a strong tendency for prices to increase. The incentive to sell grain reserves is weakened, since both interest and storage costs are subsidized. They then reference that these price support programs, with domestic inflationary pressures, and coupled with a appreciating RMB at the time have pushed Chinese prices above the global market prices. From 2008-2013, Chinese support prices (in US dollars) rose over 60% for wheat and corn, 90% for indica rice, and 100% for japonica rice. Those increases included the effects from a 20% appreciation of the RMB vs the US dollar. That by 2011 the price of major Chinese commodities were 20-30% higher than prices in the United States. China began to import more agricultural commodities as its domestic prices rose higher.

  • @Dxeus
    @Dxeus9 ай бұрын

    Trade with the US comes with a lot of strings attached to it, and no sensible nation/country will want to bend their policies or ways of life to get some corn or anything for that matter.

  • @abdiganiaden

    @abdiganiaden

    9 ай бұрын

    That’s every country, all trade deals come with invisible bargaining powers. Germany uses it to push its policies across EU. Russia uses it against middle east and North Africa. China, well you can’t even call their president fat without breaking their deals.

  • @williamzabiski7653

    @williamzabiski7653

    9 ай бұрын

    Guess china does not use the same tactics ?

  • @BSPBuilder

    @BSPBuilder

    9 ай бұрын

    @@williamzabiski7653 China seldom use sanctions to punish other countries like US does.

  • @sparks1792

    @sparks1792

    9 ай бұрын

    @@BSPBuilderThey can’t that’s why. They use different methods but they do the same as all big countries.

  • @dayviduh

    @dayviduh

    9 ай бұрын

    @@williamzabiski7653US trade often comes with the price of being subject to criticisms of your government and pressure to democratize and support international consensus. China just cares about money and is willing to do business with autocrats. With democracies disappearing, who do you think those authoritarian leaders are going to pick for trade

  • @MandPman9
    @MandPman99 ай бұрын

    They heard Joe knows somone named Corn Pop...Knew they needed to make their own.

  • @pamelahomeyer748
    @pamelahomeyer7489 ай бұрын

    China cannot live this year without corn from America because they are not manufacturing enough grain for their animals to eat. Then again I don't know how many animals are still alive after the flood

  • @rcl8793
    @rcl87939 ай бұрын

    "We only want to buy American and you can't own too much land here but also, buy our corn or you're bad"

  • @link10909

    @link10909

    9 ай бұрын

    Good I don't want to be trade dependent on China as a buyer or seller either. Everyone is pretending China is a free market that has been bullied by a restrictive US trade policy, look into the business rules for foreign companies that want to operate in China.

  • @muyin
    @muyin9 ай бұрын

    US: China is the enemy China: I still wanna be friends US: no, I won’t play with you anymore China: OK. *make new friends* US: * surprised Pikachu face*

  • @randymaylowski2485

    @randymaylowski2485

    Ай бұрын

    But how is China being friends with the U,S if China buys up their land? Not alone created the plandemic to the world that feared millions of people. So my question is Why not China just buy the corn from the U,S while leaving the land to the Americans?.

  • @davidnelson6893
    @davidnelson68938 ай бұрын

    Yes I get that for sure

  • @EDBZ28
    @EDBZ289 ай бұрын

    You're showing sweet corn being processed, while referring to grain corn being traded in the global marketplace.

  • @fredrickonjiko391
    @fredrickonjiko3919 ай бұрын

    Food security should be a priority for any serious government

  • @dingbangwu8072
    @dingbangwu80729 ай бұрын

    Generally speaking , the corn is used to feed piggies. I think that the pork demand influenced the corn demand and price in China. The prok prcie slumps and reaches histroical low point in China now, and residents decreases to consume the prok in summer period, too.

  • @parrotbrand2782

    @parrotbrand2782

    9 ай бұрын

    Why decrease pork consumption? Porkies are the best meat😅

  • @psychiatry-is-eugenics

    @psychiatry-is-eugenics

    9 ай бұрын

    Feed the piggies , eat more meat

  • @jrdsm

    @jrdsm

    9 ай бұрын

    kim jong un is buying crispy pork belly from china

  • @yatarookayama8329

    @yatarookayama8329

    9 ай бұрын

    Also chickens love corn feed too

  • @MetaView7

    @MetaView7

    7 ай бұрын

    the corn for feed is not the same as corn for human consumption

  • @tutotutot5193
    @tutotutot51939 ай бұрын

    dump that corn in europe because africa doesnt want aid anymore. Africa has learnt how aid is bad for them

  • @umadbra
    @umadbra9 ай бұрын

    Well maybe my corn on my table won't be 80¢ a piece soon.

  • @chillxxx241
    @chillxxx2419 ай бұрын

    What this article didn't say was that last year was an "All-time" record in Agricultural sales from the US. Much of this was because of "high prices" caused in part by the Ukraine war.

  • @jeffstrehlow2623

    @jeffstrehlow2623

    9 ай бұрын

    Caused by the Ukraine war and also by the West's sanctions on Russia.

  • @FloofyMinari

    @FloofyMinari

    9 ай бұрын

    What does the war in Ukraine have to do with high food prices in the US? I think you are lying

  • @badart3204

    @badart3204

    9 ай бұрын

    @@FloofyMinariUkraine is a major agricultural exporter to the Middle East and Africa among others and the U.S. took advantage of that gap in the market to provide them food to a price. Don’t let your anti American bias cloud your view of reality

  • @FloofyMinari

    @FloofyMinari

    9 ай бұрын

    @@badart3204 That is just false. You are straight up lying.

  • @chillxxx241

    @chillxxx241

    9 ай бұрын

    @@FloofyMinari in advanced economies food, oil, and other commodities, are traded on global exchange markets. Any changes in supply will have impact on price.

  • @classicalmah8585
    @classicalmah85859 ай бұрын

    In the past south America appeared not to have banned the chemical DDT spray to reduce malaria or breeding of mosquitoes and etc etc. DDT is renowned for seeping into the soil. So it's questionable whether farmed produce is not contaminated by this chemical. I use to buy Quinoa and fried fruits exported from South America, but once it became known to me that DDT is still use in South America.....????!! ☹️

  • @pibblesnbits

    @pibblesnbits

    9 ай бұрын

    Never thought of this. Underrated comment. Thanks for the info! Did some research and it is still used in China, and India as well.

  • @powerhour4602
    @powerhour46027 ай бұрын

    why was there no talk about the shipping routes from Brazil to China. Is Brazil to China going to use the panama canal?

  • @yrj8648

    @yrj8648

    3 ай бұрын

    Obviously it won’t. Suez Canal and the Indian Ocean are there as more efficient route.

  • @kabutey8132
    @kabutey81329 ай бұрын

    75% of grains produced in China goes to livestock. Where in most African countries it's the opposite.

  • @Ultra_T21
    @Ultra_T219 ай бұрын

    This is the trade war, a double-edge sword.

  • @MetaView7

    @MetaView7

    9 ай бұрын

    it takes years (decades) to develop a reliable supply chain relationship. The orange top blew it away. For what?

  • @ivanskirchak4935

    @ivanskirchak4935

    9 ай бұрын

    @@RoadkillxDemon So continue letting China fleece us. Real smart.

  • @dayviduh

    @dayviduh

    9 ай бұрын

    @@MetaView7for Michigan Pennsylvania Wisconsin and Ohio

  • @abelardogreen
    @abelardogreen9 ай бұрын

    Without subsidies that distort the worldwide market price of commodities and discourage agriculture in the developing world, free traders say, the United States would produce fewer commodities. That would encourage other nations to grow more, which would open up new markets for U.S. agribusiness.

  • @demoncloud6147

    @demoncloud6147

    9 ай бұрын

    Sell guns and nukes, why sell corn

  • @Blackearthexcavationandtiling

    @Blackearthexcavationandtiling

    9 ай бұрын

    Wrong .... farmers over produce even more

  • @zeketestorman4981

    @zeketestorman4981

    9 ай бұрын

    The government sells guns and nukes. The people are not the government. Once you centralize the economy, you bring ruin. Authoritarian governments only play nice. They thrive off war. The world governments already own everything and leave you to pretend to have property. We are not seeing "Americans" selling anything. It's only industries regulated by governments for governments. You just keep the machine turning. This passing currency around is just a handshake to the people the world calls "leaders," while it is resource distribution for us.

  • @dj_menyo839

    @dj_menyo839

    9 ай бұрын

    @@demoncloud6147 well cuz that multibillion dollar corn industry is just like the military industry. they both have the gvt in their back pocket and use them to "open markets" for their products.

  • @feedyourmind6713

    @feedyourmind6713

    9 ай бұрын

    A secure agricultural system is a national security issue. Actually an internal one, as well. Nothing worse than millions of hungry people. Point being, subsidies emiliorate agricultures ups and downs.

  • @walnutkraken9430
    @walnutkraken94309 ай бұрын

    Considering all the flooding and crop damage recently it’s pretty safe to say they will be buying any grains they can find. American or not.

  • @tekboi1984

    @tekboi1984

    Ай бұрын

    Karma probably

  • @youngyingyang
    @youngyingyang7 ай бұрын

    Another reason a plant-based diet is the fastest way to eliminate 65% of the climate problem. We must drastically reduce animal-based food...

  • @golinlim2221
    @golinlim22219 ай бұрын

    Who needs the United snakes 🐍 and Ape 🦧 🦍 Mercia nowadays!!! It’s the 21st century NOT❌❌ the 90’s!!!😅😅😅😂🎉😊

  • @chinchillaruby4170

    @chinchillaruby4170

    9 ай бұрын

    Mercia was one of the three main Anglic kingdoms founded after Sub-Roman Britain was settled by Anglo-Saxons in an era called the Heptarchy. It was centered on the River Trent and its tributaries, in a region now known as the Midlands of England.

  • @WorldSpaceRace

    @WorldSpaceRace

    9 ай бұрын

    Almost every nation on this planet loathe the US, except the miserable failed g7

  • @loboxx337

    @loboxx337

    9 ай бұрын

    @@WorldSpaceRace China propaganda. Tiananmen Square tanks users,

  • @voofongting9083

    @voofongting9083

    9 ай бұрын

    Well- said👍👍, you said it - United snakes 🐍 and Ape 🦧 🦍 Merci, its like a Jungle (or forest) fill with Uncivilized Apes🙈 and poisonous snakes that RUNNIN AROUND the Country, Killin, Murderin, Rapng, Robberin, stealin without gettin ANY *Punishment O Prisons consequences* 😅🤣😂🤭🤭🤭

  • @crimsonsbarvwin3393

    @crimsonsbarvwin3393

    9 ай бұрын

    @@voofongting9083 😅🤣😂..........On- point👍👍🤝🙏

  • @SpazzyMcGee1337
    @SpazzyMcGee13379 ай бұрын

    How is Brazil corn production so cost competitive? I thought US subsidies, infrastructure, and navigable waterways were unparalleled.

  • @DanielFenandes

    @DanielFenandes

    9 ай бұрын

    Brazil has two harvests a year while the USA can only have one due to climate factors

  • @TheAmericanCatholic

    @TheAmericanCatholic

    9 ай бұрын

    Brazil also has cheap labor

  • @larissamello374

    @larissamello374

    9 ай бұрын

    Brazil has three harvests a year and a lot of rain because 66% of the country is native tropical forest. The minimum wage is around 300 a month.

  • @drewh3224

    @drewh3224

    9 ай бұрын

    Extreme weather in the US this year, hot and dry, will dry out the harvest started normally in September.

  • @devestv

    @devestv

    9 ай бұрын

    Guess who is not required to cut pollution? Your master China.

  • @soothsayer2406
    @soothsayer24068 ай бұрын

    They are derisking their supply chain risks for a critical resource..... what's wrong with that? Merica would do the same

  • @garypinholster1962
    @garypinholster19628 ай бұрын

    Thats why john deere has factories going up in south america. Makes sense.

  • @tdn4773
    @tdn47739 ай бұрын

    why is your map centered on the Atlantic rather than the Pacific Ocean?

  • @rap3208

    @rap3208

    Ай бұрын

    because it only shows the US with no China in the picture.

  • @Dan-kh3fg
    @Dan-kh3fg9 ай бұрын

    Chinese corn tastes much better than US corn, because it’s non GMO

  • @Bawdale
    @Bawdale8 ай бұрын

    Buy GM-free corn from the BRICS countries. You can not rely on a country that wants to conduct war against you. Food is too important to leave to the risk of sanctions.

  • @leevuong8843
    @leevuong88439 ай бұрын

    US corn is cheap because it is highly subsidized. $120 billion in the past 30 years. But China is dropping US corn for Brazilian corn because Brazil is part of the BRICS. A parallel economy to US and EU. Brazil. Russia. India. China. South Africa. And more and more countries are lining up to enter this new consortium.

  • @titus_philemon
    @titus_philemon9 ай бұрын

    🇧🇷 Let's ramp up production! And corn is just the beginning... We are top 3 producer in every agrarian product... Let's take those up too!

  • @bartsimpson1161
    @bartsimpson11619 ай бұрын

    Congrats. De-coupling goes both way. Global South wins from these two bickering.

  • @MetaView7

    @MetaView7

    9 ай бұрын

    i shake my head every day. I am astounded by the strategies coming out of the white house. I don't understand what they are trying to achieve by upsetting their largest customer.

  • @JK-gu3tl

    @JK-gu3tl

    9 ай бұрын

    The biggest tell is Biden continuing Trump policies.

  • @questworldmatrix

    @questworldmatrix

    9 ай бұрын

    China is part of the "global South."

  • @kongwee1978

    @kongwee1978

    9 ай бұрын

    @@MetaView7 US cannot get China under control anymore. China is the second biggest GDP and already top GDP PPP for years.

  • @chinchillaruby4170

    @chinchillaruby4170

    9 ай бұрын

    @@kongwee1978 heh, PP

  • @CIS101
    @CIS1017 ай бұрын

    The bitter irony is that families around the world including Americans will still be going without food no matter how much excess corn there might be.

  • @BigPoppa-Monk
    @BigPoppa-Monk9 ай бұрын

    They don't need to import it since they own a huge portion of the meat markets already in the USA.

  • @atatsmail260
    @atatsmail2609 ай бұрын

    Who wants US zombie geneticly modified corn, not even pigs , let them feed their Own people with it

  • @mt8956
    @mt89569 ай бұрын

    Free market countries should do what’s best for their people

  • @davidchang2015
    @davidchang20158 ай бұрын

    how about switching to other crops?

  • @chrisroio1219
    @chrisroio12197 ай бұрын

    A lot of countries don't want anything American anymore.

  • @tjknust
    @tjknust9 ай бұрын

    I love how most of the imagery is sweet corn which is a totally different crop than we are talking about.