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Dawn, Missouri | I think China is concerned about the political/military potential problems with their North Korea neighbors and will continue to access all the protein (soybeans) and hopefully corn, They used to say if every Chinese person was given a table spoon full of soybean oil soybeans would be $20.00! I think other countries around the world are thinking the same thing. Lots of problems with flooding in other crop producing countries around the world. I know they say Russia has a large wheat crop but I understand Australia and other countries are having drought. India/Bangledish are having terrible flooding. I think food will be a commodity in high demand in the coming years. Soybeans haven't violated the long term uptends. | |
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