Palouser
Senior Advisor
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03-23-2012
03:09 PM
Re: Floor Talk March 23
China will continue to buy more. That is the only consistent behavior in the market regarding China. All prior arguments in opposition to that view have not panned out.
China domestic corn at $10? They'll have no problem buying $9 corn off the West Coast - depending on the margins of the exporters which have ranged to 'huge' by historical standards.
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