This rally is not about prices, it’s about food, says Jerry Gulke of the Gulke Group. China now buys 60% of all the soybeans exported in the world, and their purchases of soybean oil may have been the catalyst for this week’s soybean strength. "The world economy is picking up and if China’s population brings its diet close to ours, there may not be enough food in the world," he says.
Gulke Group Inc.
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