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Middle Tennessee | The idea that they cannot produce enough, say soy, is cast into strong doubt by the corn production and stocks numbers there. Just two weeks ago, WASDE surprised the trade with massive Chinese corn inventories. It is a topical post by you, I just think the analysis itself is a retrospective study, not considering current conditions. These include streamlining and relocation of hog production, swine fever, incentives reform to cut corn production and increase soy, adjustments in feed ingredients, and the trade war's dampening effect on soy imports generally. These factors are impacting the market today. | |
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China protein demand projections from Gro
