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EC IL | Who sold it
Adm, Cargill or Bunge. They are hedged on the board against the sale. They are canceled on the rate of shipping that day. Plus the storage to keep holding the crop that just got canceled.
Not one USA company did business with China for years and years because they lie and are generally a piece of worthless crap to deal with. But then lo and behold, they become a large customer and all sins are forgiven. Cause they need the business.
Bet Im missing some facts but this is it in a nutshell. | |
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