China squeezes out other foreign buyers of U.S. soybeans

More than 1 billion bushels of U.S. soybeans are likely to be shipped to China during the current marketing year, say economists John Newton and Todd Keuthe of U-Illinois, who ask, “Are all our beans in one basket?” Writing at farmdoc daily, Newton and Keuthe say sales to China will constitute the equivalent of a quarter-acre… » Read More

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