300 Foot Plastic Bags

Who knew there was a market for these? China’s retaliatory soybean tariffs have created a market for huge plastic bags to store soybeans as farmers have run out of existing storage capacity. As soybean prices per bushel have fallen by about 20%, farmers have opted to increase storage rather than sell. Here is the catch: the beans in these bags are only good for about 4 months. Will there be a resolution of the trade war before March 2019? China probably knows about the storage life of these bags…