this post was submitted on 19 Sep 2025
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[–] Endymion_Mallorn@kbin.melroy.org 31 points 1 week ago (5 children)

I'm hoping that the soybean situation means that there will be more domestic tofu products available to low-income families.

[–] Gnugit@aussie.zone 38 points 1 week ago* (last edited 1 week ago) (1 children)

I can imagine somewhere a RAM driving, gun toting MAGA, eating nothing but 'woke' tofu through great depression conditions and blaming it on the left.

[–] Bonus@lemmy.world 15 points 1 week ago (1 children)

They'll choke down Trump-branded "Tough-fu" drowned in sweet ketchup and shit themselves with a smile if they think somebody else has it worse.

[–] phdepressed@sh.itjust.works 14 points 1 week ago (1 children)

We export, the facilities to process soy into tofu and other products probably don't have capacity to deal with the excess.

[–] LodeMike@lemmy.today 12 points 1 week ago (1 children)

Once again showing that, unlike what trump thinks, economy isn't as simple as "one number go down so other number go up"

[–] Fredthefishlord@lemmy.blahaj.zone 11 points 1 week ago (1 children)
[–] aeternum@lemmy.blahaj.zone 7 points 1 week ago

If you're not aware, he's crashing the markets so he and his billionaire friends can swoop in and pick up companies at a fraction of what they would have been worth. Then when the markets come back, they can sell them for a massive profit.

[–] d00ery@lemmy.world 9 points 1 week ago

Soybean futures retreated to around $10.40 per bushel, pressured by uncertainty over Chinese demand. In anticipation of a potentially prolonged trade dispute, China is building a record-high soybean inventory, which is curbing its purchasing intentions for new US soybeans for the 2025/26 marketing year. Chinese soybean imports rose to 1.15 million tons in the first two weeks of September, up 140,000 tons from the prior period and 260,000 tons above the three-year average, but the majority of these imports came from Brazil.

https://tradingeconomics.com/commodity/soybeans

[–] ininewcrow@lemmy.ca 8 points 1 week ago

Chances are, they'll probably just destroy it all and blame someone else for the problem.

[–] Almacca@aussie.zone 7 points 1 week ago

Lol. You're funny.