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2 billion bushel carryout in beans?
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Posted 4/10/2019 11:22 (#7430955 - in reply to #7430930)
Subject: RE: 2 billion bushel carryout in beans?

In 2016 we weren't looking at potentially losing half of Chinese demand. That is WAAAY worse than any perceived effect of the trade issues.

Trade stuff was just shuffling where beans went around the world. Losing half of the Chinese demand is pretty serious. Gonna take a lot more than 10% PP to make up for that.
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