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- Eric Lohry is the President of Nutra-Flo Protein and Biotech Products and Nutraferma.
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- Cows Suing Farmers? Who would have thought that one up?
- Third Consecutive Record Year for US Soy Exports
- Washington Post reports from the WPX
- World Pork Expo Opens amid low pork prices and high grain prices
- "Call it H1N1 influenza A"
- World Body Condemns Pig Culls
- PepSoyGen is Now Available in Canada!
- Commodities Rise as Dollar Weakens
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Low inventories of soy in South America create export boom for US
The USDA has released an Oilseeds report showing that South American soy stocks have fallen, driving US exports to record levels.
Although this isn't the sole reason for rising soy prices, it certainly has a major impact.
Comments (1)
Eric J Lohry June 8th, 2009 04:53:39 PM
1) Third Consecutive Record Year for US Soy Exports
I read China is 40% of the US export market, so they'll keep buying until a critical price level. Luckily, soy has gone down from $414 to $401 recently, so perhaps the peak has been reached. Good news!
