Saturday, 23 April 2011
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After Soybeans, Corn's Flaky China Market
Is corn the next soy bean? In 2001, China opened its soybean industry to imports. Within three years, rose from near-self sufficiency to being the largest importer. Now China is starting to look abroad for corn. Enlarge image The higher revenues are sharpening the appetite of China for a better diet, ie the growing demand for corn. In the short term, increased domestic production will be
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