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TFC Commodity Trading Forum

Re: watering the garden and grains...

There are world markets and, practically, any commodity in today's world is fungible. If China purchases soy pellets, from Brazil, as opposed to soy meal from the U.S., Brazil's current customer blend would turn to the U.S. market. The price goes down when world supply overstrips world demand. It has nothing to do with tariff voodoo.