date:Jul 09, 2018
he US and lower protein in its feed marginally to avoid paying the tax.
But in the shorter term, the question on the markets lips is whether Chinese crushers can avoid US supply in the first six months of the upcoming marketing year, starting in September when Brazilian supply dwindles.
And if they cannot, how much will they need to buy?
Currently, the USDA expects next seasons US ending stocks to be 10.48 million mt (385 million bushel), although there are fears that could rise.
Will the Ch