Tight soy inventories face off against China's plunging money supply
The last time tight supplies and slumping macroeconomics coincided, a price record was followed by a 50% market crash. Why China's collapsing liquidity is more dangerous than the Lehman/AIG crisis. After approaching its 2008 record in the early second quarter, soy prices have retreated by up to 10%, currently hovering ...
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