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| It makes perfect sense to me,,, the corn isn't being auctioned as deliverable at the ports in China... the transportation costs still exist... I'm not suggesting that Cofco isn't making money off the imports... I know they are...otherwise they probably wouldn't do it,,, but not nearly as much as you think.... Also,,, the Chinese aren't immortal superman grain traders,,,, I suspect more than a couple have had an early demise to their life in the not too distant past,,, | |
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