, 11 tweets, 4 min read Read on Twitter
Soybean Prices: or "Why Trump's Base May Break": A Thread. (I agree with Andrew below - Farmer's are being HOSED).
Here are Soybean Prices 2010 to present. During the first 4.5 years of the Obama era, soy bean country boomed. Things were very dark during the early part of the Trump v. Hillary campaign and they got dramatically worse with the Trump tarriffs of July 2018.
Rural soybean country IS TRUMP'S BASE. Almost all of these states voted Trump, and definitely all the rural, production counties did.
in 2016 (the end of the good years), soybean production put BILLIONS of dollars into rural America. Even my little state received almost 200 Million.
China accounted for much more than half of ALL SALES WORLD WIDE. agri-pulse.com/ext/resources/…
Prices have fallen by about half since this good years of 2012 to 2016. This means decreased rural income of about 20 BILLION DOLLARS. 20 BILLION DOLLARS TAKEN DIRECTLY FROM TRUMP'S BASE.
Farmers (and farm workers) STUDY THE WEATHER, and focus on future farm commodity prices. That news is BAD for everything trumpist. Floods in the midwest suppress corn prices. farmprogress.com/morning-market….
China trade failures mean the soy market is crap, and it may not even be worth planting.
The trends we see are indicative of overall farm country. Income SOARED under Obama at first, then fell. They have been flat or worse since Trump.
In the entire nation, everyone outside of the top 90% of wage earners hasn't had a real wage increase since before most of us were born, and it is worse if you factor in inflation especially in health care.
Wages for non-whites and non College educated are even worse. Rural America has been hit hardest with opiates, as well. All in all, there is a real argument to be made to Trump's base -- Trump didn't do one positive thing for your economic status. Nothing. (End thread).
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Dirk Schwenk
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!