Quote:
Originally Posted by MrBaldBastard
Brazil is shipping more to China, Brazils crop used to go to the EU, the EU buying more from America.. was going to happen regardless.
China has been running around buying up every other markets stock, and like you say that still won't meet their demand. However they also have been in numerous countries looking to establish new markets, offering to build the processing plants, keep in mind its an easy crop to grow from planting to harvest is around a 100 days.
Trump might of spent the last month on Twitter, Xi's been in Africa... handing out magic beans I believe.
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it's way more complicated than that.
China's soybean demands eclipse the entire amount of soybean produced worldwide, excluding USA production.
https://www.scmp.com/news/china/dipl...-gap-its-trade