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oldberkeley

02/14/11 5:56 PM

#2087 RE: DewDiligence #2086

Unless we went back to the 19th century, I agree.

What I'm basically saying is that this is a fabulous opportunity for the U.S. We've got the land, the machinery, the workers, the know-how.

In anything but an over-complicated, grossly inefficient, right-hand-has-no-communication-with-the-left hand bureaucracy, the potential producer would be all over this.

Unfortunately, that's just what we've got.

OakesCS

02/14/11 7:10 PM

#2088 RE: DewDiligence #2086

don't know about 'never' or non-US exporters but at least in 2009 and 2010 China did not import significant quantities of wheat from the US.

chk out "Top 10 U.S. agricultural export markets for wheat, corn, soybeans, and cotton, by volume"
http://www.ers.usda.gov/Data/FATUS/#monthly

i don't know how 'volatile' the grain export data are but China imported nearly 10x more corn from the US in 2010 vs 2009

China is, by far, the largest importer of US soybeans in the world.

the other biggie crop export from US to China is cotton (again China largest importer)