

That’s a big part of why the conversation about soybean based biofuel is suddenly in the news. Lot of farmers want to keep growing soy because it is relatively easy and hands off (as much as things can be in farming at least) but the demand is gone, so they need the government to step in and invent a new demand by subsidizing the purchase of soybeans for diesel.
The funny part is, the deals where other countries bought US soybeans as animal feed were a multi decade diplomatic effort by the US government to solve this issue. Those were not deals that just naturally arose because American soy was so cheap or good or anything, they were major foreign policy objective pursued for the sake of maintaining domestic soybean prices at the behest of farmers.




It’s funny because it wasn’t closed by force, it was closed by nervous insurance companies, by companies not wanting to move their ships through if they’re not insured.
Like Iran isn’t patrolling it with some blockade, sinking any ship that dares run it. In fact they haven’t sunk a single ship as far as I know. They’ve just made it clear that they still pose a risk to any ship that passes And that theoretical risk is enough to spook insurance companies and stop ships.