Why is this not front page news?: "China confirms it is suspending agricultural product purchases"

[BadGimp]

China confirms it is suspending agricultural product purchases in response to Trump’s new tariffs
https://www.cnbc.com/2019/08/05/china-confirms-it-is-suspending-agricultural-product-purchases-in-response-to-trumps-new-tariffs.html


I do not understand why this story is not front-page news. I can't find it on any of the majors.


I did some Google searches - the story has been covered but barely:
https://www.google.com/search?safe=off&sxsrf=ACYBGNSvCgLKaBnTkPsmz0Yi3-mnh97yGQ%3A1568230615208&ei=10x5XZOdDInc-gSjtpqACA&q=China+%26+agricultural+product+purchases&oq=China+%26+agricultural+product+purchases&gs_l=psy-ab.3...14482.14482..16700...0.0..0.75.75.1......0....1..gws-wiz.Vazhu-i75J8&ved=0ahUKEwjT5PqlwsnkAhUJrp4KHSObBoAQ4dUDCAs&uact=5

[still_one]

1. It was mentioned multiple times on Bloomberg. Not sure why others are not reporting it

if that is the case, except maybe it is because of 9/11

[Mike 03]

2. In the Pre-Trump world, this story would also have shaken markets

and awoken investors to the fact there's no deal in the foreseeable future, but like magic they are up today.

[GusBob]

13. A month old story would not affect the market today eom

[alittlelark]

3. Trying to get all their personal finances moved around before

The masses hear about it and start moving their own $ around. Sick shit.

[pwb]

4. Our news is broke and will stay that way until we stop watching.

IMO.

[brooklynite]

5. This happened a month ago...

[Captain Stern]

7. This

Stuff that happened on August 5th, isn't usually front-page news on September 11th.

That doesn't mean it wasn't important, but it should still be fairly easy to understand why it's not front page news right now.

[donkeypoofed]

6. Sadly, some of those lost sales are permanent

And when farmers figure that out, they're gonna turn on him!

[Laura PourMeADrink]

21. they lost more from China in 2017 - 14%. In 2018 - 6% of all exports, don't know 2019

[Laura PourMeADrink]

8. China buys...

China imported $9.1 billion of U.S. farm produce in 2018 - mainly soybeans Sc1, dairy, sorghum and pork LHc1 - down from $19.5 billion in 2017, according to the American Farm Bureau.Aug 5, 2019

[Laura PourMeADrink]

9. total ag exports

U.S. agricultural exports were valued at $140 billion in 2018, a 1-percent increase relative to 2017. Export growth was hampered by reduced exports to Asia, particularly for soybean exports. Imports grew by 6 percent in 2018 to $129 billion. Imports have grown at a faster rate than exports since 2016, driven in part by strong domestic economic growth. These shifts in U.S. agricultural trade produced a trade surplus in 2018 of $10.9 billion, the smallest surplus since 2006.

[dixiegrrrrl]

16. Turns out, the fires in the Amazon are to clear land to grow soybeans for China

There's a large investor who bribed Brazil's Bolsonaro so that cleared jungle can be planted in massive amounts of soybeans and other produce for the China market.

Why do I have a hunch Trump is gonna gain from that??

[maxsolomon]

10. "Why isn't the story I think is most important the most important?"

DU needs to stop phrasing OPs this way.

There is a fuck ton of news in this era of Trumpian chaos, and there's barely even a "front page", or a newspaper, anymore.

[rurallib]

11. mentioned this to Mrs. Lib at lunch

I thought maybe I was dreaming when I read it here yesterday.

[GusBob]

12. Yesterdays article was a month old too. Same as this OP

I think it was originally posted here over a month ago

Anyway I remember reading it when it first came out then

[rurallib]

17. Yes, thanks to all those who pointed this out

I was all over it when it first came out. For some reason I had thought there was a bit of stuff China was still buying.

Next year I expect to see farm sales all around me with rich folks buying farms literally dirt cheap.

[Flaleftist]

14. There's about a dozen things that should be front page news right now.

Only so much can fit on one page.

There is a massive shitstorm of chaos thanks to the idiot traitor in the White House.

[Vinca]

15. It's old news and probably #666 on the current Trump scandal chart.

Bigger news is that over the past few days some farmers have indicated they're "standin' by their man." Guess the socialist bailout check must have been pretty good.

[KPN]

18. The powers that be don't want to crash the markets again.

They also are working hard to appease farmers with subsidies to offset the loss of income they are already experiencing. They don’t want upset them further with the election just 14 months away

tRump has been good for them (M$M) financially as well as the stock market with his tweets to reduce the fed rate and start another round of QE. They look forward to making/lining their pockets with even more funny money arising from his idiotic whim.

[Ilsa]

19. Australian farmers are thrilled!

They have broken into this market in China, now.

[keithbvadu2]

20. Take that, China!

[chwaliszewski]

22. Well, I managed to get suspended from Twitter for 12 hrs after reading the cnbc article...

because I clicked on Drumpf's tweet and started replying to some of his supporters' tweets about how they were happy god sent him to them to save our country. After trying to hold my lunch down, I replied with this 'If this god of yours sent this petulant, lying, cheating, foul-mouthed, narcissistic child to run our country into the ground, then god is an asshole.' After replying to three different people in about 5 minutes time, I got a suspension alert. I'll wear it with honor.

[Duppers]

23. 😂 Damn good 5-star reply!

The idiots deserved that.

Congrats!