|
North Central Iowa | Is China's longer term thinking that if they could just use this event to slow down their buying of beans for a year or 2 and get the world's supply of carry over up. Then they could return to their normal buying volume but the world average price will stay lower for years because of the overburden carry over. I don't think the bean growers in the world are ever going to not raise a lot of beans because that is just what they do and what else are they going to raise once they have built this infrastructure to raise beans. | |
|
China's longer term thinking
