Adam Cochran (adamscochran.eth)
Adam Cochran (adamscochran.eth)|Apr 09, 2025 13:05
Agreed. People don’t understand, that China isn’t a volume game. It’s a proportion game. They buy 99% of our Soybeans, 98% of our sorghum and 50% of our chicken. Soybeans are 52B a year of cash crops that farmers rely on to make domestic agriculture viable. It’s about 10% of the *entire* annual US crop value, but **20%** of all US farming profit. With China as the only real size buyer. According to Purdue’s agricultural research survey, the average US farm last year had only an 11% operating profit margin and 18% of all US farms have soybeans in their rotation (as of 2023) So China can single handily destroy one of the largest cash crops, putting just shy of 20% of all US farms in negative profit. That is incredibly targeted pain.
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