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Woodporter
Posted 5/26/2012 12:25 (#2399194 - in reply to #2399093)
Subject: RE: Like Will Rogers, all I know is what I read...


South central Manitoba
"In the years ahead, China will be purchasing less and less corn, soybeans and soybean meal from the U.S. and will be purchasing more and more U.S. produced pork and chicken. ...The net result over the next 10 years will be bearish on U.S. produced corn and soybeans and bullish on U.S. produced pork and chicken."

I am not sure why that is bearish corn and soybeans. What does he expect them to feed that pork and chicken?
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