Is China LYING About its Grain Situation?

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  • เผยแพร่เมื่อ 15 ก.ย. 2024

ความคิดเห็น • 61

  • @GrainMarketsandOtherStuff
    @GrainMarketsandOtherStuff  17 วันที่ผ่านมา

    Note: USDA announced a sale of sorghum to China a couple of hours after this episode was uploaded. LOL.

  • @Luke-br1hr
    @Luke-br1hr 18 วันที่ผ่านมา +34

    Blows my mind how shipping cooking oil halfway around the world is "greener" than stuff that is literally grown in our own country

    • @ttanne7838
      @ttanne7838 18 วันที่ผ่านมา +11

      hey man you just anint woke enough! thank you!!!

    • @beercatphil
      @beercatphil 18 วันที่ผ่านมา

      If you're actually curious, even though ocean shipping makes up 75% of global freight, trucks account for about 2/3 of freight related emissions. Ships carry so much at once that their efficiency is off the charts. In terms of raw output, ocean miles don't really matter when compared to road miles. (google "climate MIT freight" for more info) On top of that, emissions from producing the oil count against it when it is bought for its primary purpose: cooking. This means that its production emissions are counted as either zero or as the percentage of total sell +resell revenue when resold for this purpose.

    • @ttanne7838
      @ttanne7838 18 วันที่ผ่านมา +2

      @@beercatphil it still takes a truck

    • @beercatphil
      @beercatphil 18 วันที่ผ่านมา +5

      @@ttanne7838 I hear ya, but ocean shipping emits less than producing a new crop. If I were running things I'd still protect my farmers over Chinese oil resellers though.

    • @chillxxx241
      @chillxxx241 18 วันที่ผ่านมา +3

      I believe the objective is to recycle “waste” product and not to grow more crops for biodiesel.

  • @robkent6321
    @robkent6321 18 วันที่ผ่านมา +9

    As a Canadian Wheat and Canola producer I would agree that the yields in our area of East central Alberta will be down by 1\3 of the last few years.

    • @prairiebrothers9044
      @prairiebrothers9044 13 วันที่ผ่านมา

      Where are you? Hearing50 bu acre near kindersley for CWRS. Durum will disappoint but CWRS and cpsr will definitely surprise to the upside later on. Manitoba pulling off 90 bu/acre now. Northern Alberta well above estimates of 65 bu/acre.

  • @konopelskifarms
    @konopelskifarms 17 วันที่ผ่านมา +4

    Wheat crop in North west central Saskatchewan is terrible. We have a 60 bushel dry land stand and it’s yielding 33bu/ac. Huge disappointment. Shrivelled small kernels. Light weight barely low yields. Canola yields will be way down. Stats Can still has it wrong. Plus we just had a massive rain system on dead ripe shrivelled grains. Quality is going down the tubes with this rain.

  • @zachbrueggeman9748
    @zachbrueggeman9748 17 วันที่ผ่านมา +7

    U.s farmers need cattle back on the farms. Better return on investment running corn thru the animal and then putting the manure back on the field.

    • @EricCarlson-bz2pt
      @EricCarlson-bz2pt 17 วันที่ผ่านมา

      I agree, and more importantly clean meat.

  • @farmermatt629
    @farmermatt629 18 วันที่ผ่านมา +10

    GMO wheat awful idea don’t do it farmers

  • @JK-zw8ec
    @JK-zw8ec 18 วันที่ผ่านมา +2

    Very informative and useful report.

  • @beetfarmerbryce9916
    @beetfarmerbryce9916 17 วันที่ผ่านมา +4

    Wheat stocks are the lowest they’ve been in years and yet we’re selling wheat in the 3’s after protein discount. Something fishy going on around here.

    • @Friendznco
      @Friendznco 17 วันที่ผ่านมา

      it's called Russia.

    • @twt000
      @twt000 17 วันที่ผ่านมา

      @@Friendznco Wheat is lower due to inflation subsiding also. Summer 2020 prices.

    • @EricCarlson-bz2pt
      @EricCarlson-bz2pt 17 วันที่ผ่านมา +1

      It's called money changing aka ( jewerey).

  • @kurtkalenberg7454
    @kurtkalenberg7454 18 วันที่ผ่านมา +5

    No country would ever lie about how much grain they have or need. If China has plenty of grain then they shouldn't import that much from SA then right?😂

    • @chillxxx241
      @chillxxx241 18 วันที่ผ่านมา +2

      South Africa had to take out a large “loan facility” from China of several billion dollars because the US dollar was growing too expensive. China is now tied to South Africa for some level of trade. It also helps to diversify supply chains from the US should they attack Taiwan.

    • @Friendznco
      @Friendznco 17 วันที่ผ่านมา +1

      @@chillxxx241 SA is South America my guy.

    • @twt000
      @twt000 17 วันที่ผ่านมา

      @@chillxxx241 South Africa is ZA.

    • @cherylpringle3397
      @cherylpringle3397 17 วันที่ผ่านมา

      ​. Africa is a mess.

  • @urokim
    @urokim 18 วันที่ผ่านมา +5

    carbon footprint more BS

  • @Ganyersel
    @Ganyersel 16 วันที่ผ่านมา

    That's the 'deep dive' on wheat production that I needed to see. Just a shame that the low ending stocks to use doesn't appear to have any impact on this years current price.

  • @1800Mstreet
    @1800Mstreet 12 วันที่ผ่านมา

    Chinese officials are worried their corn farmers are going to get hammered by low prices this fall. They can turn corn imports on and off with their import quota but they have no quotas for sorghum or barley. Chinese feed mills will buy whatever is cheap...if they're allowed to do so.

  • @LHFarmsTN
    @LHFarmsTN 17 วันที่ผ่านมา

    Thanks for what yall do!

  • @CuriousEarthMan
    @CuriousEarthMan 17 วันที่ผ่านมา

    What IS the market price for used Chinese cooking oil, and where are the prices posted? Also for other country's and U.S. used cooking oil prices, where can they be found? Thank you!

  • @tonykirby4809
    @tonykirby4809 18 วันที่ผ่านมา +2

    I'm all for helping farmers but I disagree on putting ethanol in avgas. Avgas needs to remain pure.

    • @ttanne7838
      @ttanne7838 18 วันที่ผ่านมา +2

      pure with the dangerous chemicals in the gas. well maybe a little ethanol is okay?

    • @capt.america6296
      @capt.america6296 17 วันที่ผ่านมา

      NDSU I put out a study a couple years ago that proves ethanol puts out 20% more CO2 emissions and greenhouse gases than just using plain old fossil fuel. It’s a joke and they’ll cater to the farmers who want to subsidies for the corn and soy beans all financed and put on the back of the taxpayers. Hopefully it all crashes so I can buy a family farm and let everybody else pay for it

  • @denniskurtz1428
    @denniskurtz1428 17 วันที่ผ่านมา

    Another rain bomb went off in ND again last night. 1.5 to 2.5 inches. There went more quality in the toilet. Been harvesting at 17 to 18 moisture running it through dryer to keep some quality. This is turning out to be the harvest of hell.

    • @northrockboy
      @northrockboy 17 วันที่ผ่านมา

      that rain camus up to south MB. we kept going till 3am to finish canola field. thunderstorms kept rolling by to east and west. gonna be extra toughnon big oat growers here. lots of big swaths on the ground with little stubble to get air in swaths

  • @anabolicamaranth7140
    @anabolicamaranth7140 18 วันที่ผ่านมา +2

    Mr. Ping would not lie, how could you even suggest that?

  • @davezalinko1354
    @davezalinko1354 17 วันที่ผ่านมา +1

    Stats Can has zero clue what’s out there. 50 lb wheat and durum won’t go far.

  • @jeffac500
    @jeffac500 18 วันที่ผ่านมา +3

    I don't understand how russia can continue to flood the wheat market for so long.

    • @ttanne7838
      @ttanne7838 18 วันที่ผ่านมา

      You would have wonderful yields to if you pulled into the farm a few miles down the road.

    • @user-vn1wo6tm3h
      @user-vn1wo6tm3h 18 วันที่ผ่านมา +1

      I don't either. I call B.S.

  • @twt000
    @twt000 17 วันที่ผ่านมา

    China today has 100,000 1 hectare small private grain farms. America once did too. Domestic small markets matter.

  • @NB-lh9pj
    @NB-lh9pj 18 วันที่ผ่านมา +2

    We import and export genetically modified crops? (🤔)

    • @GrainMarketsandOtherStuff
      @GrainMarketsandOtherStuff  18 วันที่ผ่านมา +1

      Yes. Mainly export.

    • @ttanne7838
      @ttanne7838 18 วันที่ผ่านมา +2

      maybe it is time to rethink the GMO trend Find out the real difference in food quality and soil health.

    • @davidkottman3440
      @davidkottman3440 17 วันที่ผ่านมา

      Is no difference, but people don't want to believe it, so huge public relations problems. ​@@ttanne7838

  • @GrainMarketsandOtherStuff
    @GrainMarketsandOtherStuff  18 วันที่ผ่านมา +2

    Good morning! Will China buy ANY corn from the US during the next 12 months?

    • @kansaskristi
      @kansaskristi 17 วันที่ผ่านมา

      As long as our traders keep tanking the markets, China will wait.

  • @jimmy999-z2j
    @jimmy999-z2j 18 วันที่ผ่านมา

    Good morning