China’s surging demand for soy is cutting into U.S. stockpile
Despite a run of record soybean harvests in the U.S., surging demand from China and other importers is expected to cause the U.S. stockpile to drop below the previous year’s level for the first time in three years, Bloomberg reports. “Since 2005, China’s imports of the commodity have more than tripled, and it now buys more than 60 percent of… » Read More
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