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| On a press release this morning China put out NEW demand numbers for grains, in doing this they state that they are changing feed options to animal units going back to the old ways of backyard feeding and reducing meal and corn demand. Personally I think they are just covering up for the fact that their population is in systematic decline and they have over counted their current population. since we are their supplier of last choice it will hit the US growers the hardest.
last week they cancelled a large pork sale, rumblings are that they are done with Beef purchases from the US, corn and beans will be way down.
lucky for us we are being told that India will be our saviors,
color me skeptical | |
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In a roundabout way china gives notice
