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| Let me sum up my interpretation of Dave Kruse's daily reports of the last couple of weeks. He is also the head of Brazil farms down there with 21000 acres.
'America's price should stay low, to prevent some planting in SA. Acres will be cut 10-12% and because so many do not have cash/credit for inputs of fert(which they need)/insecticide, herbicide the production is going to be down 15% plus from less yield. They are putting much more cotton, and trying 1000 A of corn. He is looking for 4-5 mil acre drop in bean acres for US, corn must increase 4-5 mil acres so between the two, our huge surplus of beans will be all gone by next year. Store and hold beans for this to all fall into place.'
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