They switched to rice for the raw tonnage of yield. Soybeans take approximately 100x more land per ton to produce, and China has already permanently ruined almost half of their arable farmland. They started importing US soy four years ago. If US prices are falling it's likely due to the CCP sourcing more from Brazil this spring.
China stopped growing soybeans two years ago. You are talking out your ass and it's obvious.
The fuck are you talking about? They consume the most, why would they suddenly stop growing their own?
maybe try learning about the commodities markets before you pretend you are an expert, lol.
What the hell are you talking about? Link please? They’re the number one consumer of soybeans why would they not try to grow their own at least?
They switched to rice for the raw tonnage of yield. Soybeans take approximately 100x more land per ton to produce, and China has already permanently ruined almost half of their arable farmland. They started importing US soy four years ago. If US prices are falling it's likely due to the CCP sourcing more from Brazil this spring.
That’s how the cycles go every year....
Price of crops doesn't fall in January of each year.