Detailed text transcripts for TV channel - FOXNEWS - 20190803:16:58:00 : vimarsana.com

Detailed text transcripts for TV channel - FOXNEWS - 20190803:16:58:00

>> we have basically lost $3 a bushel in the last year and a half when the tariffs started -- leland: for those of us who don't know farm prices and follow them, $3 a bushel is what percentage? what does that mean to your profit margin? >> so it was basically everything of our profit margin and then another 10%. leland: wow. >> so we were getting $10.30 a bushel before the trade embargo started, and then when we, in the last ten months we got down to $7.50. so that's e way below our price of production. leland: there were some claims by the president the chinese had agreed to buy a bunch of soybeans, etc., out of the latest talks when the president was overseas. have you seen any of that? >> that's the trouble. the chinese have said that they were going to buy that soybeans from us, and we haven't seen

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