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$5 corn Spread
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Posted 7/30/2020 14:24 (#8405162 - in reply to #8404494)
Subject: RE: $5 corn Spread

Alberta Canada
First off, the exporters do not get paid 8 dollars a bushel, the Chinese buy it wherever they can get it cheapest.

Second, the Chinese government wants to have the local farmers getting a good price so that domestic production increases, they are not trying to make foreign farmers richer.

So yes, the price is, and will continue to be, higher in China.
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