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NW Indiana | I don't have time to dig into the numbers but I believe this is around the amount we need them to purchase in order to meet current projections. The trade is likely excited based on expectations yield will be coming down enough to make this very tight. The 25 mmt for next year sounds great other than its still well below what they were buying prior to the first trade war. That is what I think most die hard trump fans are missing is we are still losing and likely will lose even more in the long run as SA expansion ramps up faster based on these trade wars. So far US agriculture has done nothing but take it on the chin from this administration, words mean nothing actions mean everything. | |
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What does 12MMT do to the US balance sheet at 53 nat yield?
