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Sioux Falls SD |
Everyone hears “China” and thinks soybeans.
But the White House says the new $17B/year ag commitment is in addition to the October soybean commitments.
So where does the extra $17B go?
My guess:
* Corn/feed grains
* Sorghum
* DDGs/ethanol
* Beef/poultry/pork
* Cotton
* Wheat
* Specialty ag products
If soybeans are already spoken for, corn may be the sleeper market nobody is talking about enough.
What do you think China actually buys | |
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