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re: ‘Trump is ruining our markets’: Struggling farmers are losing a huge customer- China

Posted on 8/12/19 at 12:56 pm to
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73479 posts
Posted on 8/12/19 at 12:56 pm to
quote:

Exactly. Did OP think China just decided to stop eating?



Soy complex futures advanced Thursday led by soybean oil as China was poised to increase imports of edible oils. Chinese oilseed crush, hence oil production, has been depressed because of reduced meal demand attributed to toll taken by African swine fever. Corn futures followed soybeans higher. September corn advanced 4½c to close at $4.11 a bu. August soybeans added 16¼c to close at $8.65 a bu. August soybean meal advanced $1.80 to close at $294.80 a ton. August soybean oil advanced 1c to close at 28.96c a lb

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