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sw ontario | Maybe old news but this mornings market report said China has defaulted on more ships of soy from US & Brazil this yr. than than last 10. Commenter said since business could not borrow money too operate but could to buy soys the companies were buying beans,crushing them at $80-100 a ton loss and then not baying banks back so they have pulled there credit....sorry if this was already posted | |
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Chinese defaulting on soys
