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S Illinois | Yes China is overbuying for their needs. If you imported 3.5 billion bushels of soybeans a year you would you get tight with purchase and get it just right especially with production risks always possible or would you over book a percent or two?
Also economics aren’t repealed when it comes to soybean purchases. Take advance of the price increase of the overbuy. It’s not a one way street with price.
Edit:spelling
Edited by w1891 1/29/2024 21:45
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60% tariffs on China
