China's swine herd is projected to be fully recovered in number by the end of the first half of 2021 which means they will be needing a lot of corn between now and their 2021 corn harvest. I also think the crop financial guessers didn't fully appreciate the amount of damage done in Iowa although I can't figure out why. It was in the news every day. It wasn't a secret. When 43% of Iowa's corn and soybean crop is wiped out (10 million acres) why wouldn't that affect the market? I suspect some short selling on their part had something to do with it.
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