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E.Central MN | If China decides our corn/soybean meal is too expensive then the price will drop which will lead to two things happening: livestock growers around the world will take advantage of the cheap feed by expanding, grain producers will cut back on the acreage planted to feedgrains. Sure China is a big market, but its a big world with lots of consumers, many of which are rather fussy about what ingredients are put into their food unlike the Wallyworld clientel. | |
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Chinese hogs -US grain
