...How much will China buy? That is still open to debate. "The Wall Street Journal" reports China said it would buy 5 million metric tons of U.S. soybeans a day based on comments made by Chinese leaders, but a U.S. administration official told Reuters the exact amount was misinterpreted, and it is not a per day amount, but rather one purchase of 5 million metric tons....The futures are up but not as up as they would be if someone announced they were buying 5 million tonnes per day.
As noted in my whiny bleat on Wednesday:
Long ain't wrong:...How's that for insightful commentary?
Up 8.25, at 923.50
