date:Jul 25, 2012
d export demand from China, in the end, is not likely to be that price sensitive because he believes there is little in the way of an alternative since the most recent South American soybean crop was short.
He added that livestock producers are also somewhat constrained in what they can feed their animals because they must offer rations with appropriate levels of nutrients and protein. What is likely to happen if profit margins are eliminated is liquidation of some of their herds and flocks, he