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US on track for record soyabean crop year; China demand drains stockpiles

Friday, August 12, 2016 - 05:50


US farmers just can't seem to grow enough soyabeans to satisfy China.

For the third year in a row, US production is expected to set a record, the best such string since 1979. Yet, with output dropping elsewhere, a flurry of demand from China and other importers is eating

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