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EC SD | It is a zero-sum game. The world supply and demand for soybeans is in a somewhat precarious balance. China buying from USA or not does not change that world balance equation. Yes, there are some world stocks that allow movement of inventories from place to place, but over time, it all has to balance...
The USA is not accumulating burdensome soybean inventories, even after many years of tariff retaliation by China on US soybean imports. That tells the whole story right there! | |
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Beans again