Palouser
Senior Advisor
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12-22-2012
02:50 AM
China's soy area and production falling
In 2012 area fell 9% and production 11.6% accordomg to Entelliprise using Chinese supplied figures. Supposedly most of the crushers serving the main producing province have closed for lack of supply (early Dec). China imports 80% of its supply and expects to import 57 MMT this year.