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Non-Tech : The Brazil Board
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To: richardred who wrote (1964)8/30/2019 12:14:09 AM
From: Elroy Jetson  Read Replies (2) of 2508
 
Farmers in Brazil and the US sell to firms like Cargill, which in turn sells to China.

If China wanted to pay a higher price to purchase only Brazilian soybeans, I'm sure firms like Cargill would accommodate them and purchase soybeans in the US to supply Brazil.

Soybeans are more traceable than crude oil, but they're both pretty interchangeable / fungible.
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