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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: Haim R. Branisteanu who wrote (49667)	5/7/2000 10:46:00 AM
From: Joan Osland Graffius	Read Replies (1) of 99985

Haim, Cargill headquarters is less than 5 minutes from our house and I know some folks that work there. I have done some consulting for them, but not lately. I can get the scoop on what is happening in Russia. One thing that is happening with our soybeans is that China is starting to import the soybean and doing some of their own processing. One of the folks from Pillsbury and I were discussing this change and we suspect that the cost for them to do this is going to be higher than buying the process goods from US processors like ADM and Cargill. Higher costs may not make a difference to China as long as they can employ more people. Joan

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