To: Red Steel
It is my understanding that, while Brazil is a major grower of soybeans, they consume much of their production domestically and have no huge surplus to export...
4 posted on
07/25/2018 7:28:09 PM PDT by
ExSES
(the "bottom-line")
To: ExSES
Not sure about soy, but Brazil turns a lot of crops into ethanol.
7 posted on
07/25/2018 7:31:13 PM PDT by
central_va
(I won't be reconstructed and I do not give a damn)
To: ExSES
There’s only so many soybeans and you can’t instantly grow more, so China had to pay Brazil a premium to replace those they were getting from us. China loves soybeans and can only grow 10% of its needs, so they will cave, just a question of when.
27 posted on
07/25/2018 8:23:01 PM PDT by
bigbob
(Trust Sessions. Trust the Plan.)
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