China’s farmland has been scaled back by almost 200%. A study released by Bloomberg yesterday shows that China had 793 million acres of farmland in 1996. And today? About 299 million acres.
So China will be buying grains to feed their people. We are gearing up for ethonal. So what does this mean long term.
ADM is one of the largest benefactors to the grain markets.
Buy ADM with a $35.00 stop.