The world isn't awash in protein

The world isn't awash in protein

The rhetoric regarding the Chinese tariffs, the recent $2 decline in prices and good early growing season have made everyone nervous about the prospects for soybean prices. But the reality is the world is not awash in protein.  

It makes no difference if you look at the world oilseed structure or the world vegetable protein structure (shown). The picture is the same; the fundamental situation is...

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