Soybeans

If one just reads the headlines, one would think American farmers are on the ropes. However, looking at the above chart (source: CNBC), one can see that things are not quite as bad as supposed. Add to this the fact that Trump has pumped tens of billions of tariff-collected dollars into US agricultural subsidies ... and that China has just agreed to import more US pork and soybeans ... farmers here may be doing a little better than OK ... not what the media are saying.

Lessons: Kind reader, at a moment in time there is only so much food in the world ... and always look behind the headlines ...