OneFineAcre
Herd Master
Now Southern, don't start a panic. You sound like Bossroo.Yeah, the issue is the "import" LOL THEY OWN THE US LAND!
China is buying a great deal of land in the US. The "US" is not really exporting as we generally think of it. American farmers are not profiting.
I seem to remember 20 years ago when a Japanese company bought the Empire State Building in NYC it was the Japanese that were going to own us.
A little lesson in Economics, capital will always follow the greatest return. When the real estate bubble crashed, a lot of foreign money flowed into all kinds of American real estate including farm land.
The fact is Japan, Korea, and the United Arab Emirates all import more US hay than China.
And, American farmers are profiting.
China would probably import more hay from the US except they don't allow any GMO.
I know you like data and research papers. The article in this link gives a lot of good information on hay exports. Authors are with University of Californian Division of Agriculture and Natural Resources.
http://ucanr.edu/blogs/blogcore/postdetail.cfm?postnum=11947
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