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| I don't like calling other posters out. However, I am afraid the other post is getting too cluttered. I don't contest the statement that whatever percent of the worlds populations lives on $2.50, or $10, or whatever. But, when I look at world supply and demand I see pretty continually rising demand for the last several years, and since at least 09, declining endi stocks, ad this will continue into 2012. You made a statement about ethanol production and what would happen to supplies if that market went away and, I think at is correct, howeverm China is expected to import an additional 2mmt's, or 78 million bu, tha makes up for a couple of eplants, and is expected to continue. I'be posted in the past about WASDE and it seems to be studiously ignored? How come? How much production and hoe many acres would it take us to rebuild grain and oilseed stocks to even 09 levels? I don't have the time right now to repost all the work, but I think there os a Rhino in the room being ignored. | |
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Tara
