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Keyword: soyabean

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  • Corn Prices To Soar As Chinese Imports Increase Ninefold Compared To Official Projections

    02/06/2011 9:39:48 PM PST · by FromLori · 125 replies
    ZeroHedge ^ | 2/6/2011 | Tyler Durden
    Cotton, wheat, rice, and now corn. If revised Chinese import estimates by the US Grain Council are even remotely correct, look for corn prices of $6.80 a bushel at last check to jump by at least 15% in a very short amount of time. As the FT reports, "Corn prices – and with them, the price of meat – are set to explode if the latest import estimates from China are correct. The US Grain Council, the industry body, said late on Thursday that it has received information pointing to Chinese imports as high as 9m tonnes in 2011-12, up...