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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (100043)	4/17/2013 7:02:03 AM
From: see clearly now	Respond to of 217593

zerohedge.com

To: TobagoJack who wrote (100043)	4/18/2013 3:06:31 PM
From: Snowshoe	Read Replies (1) \| Respond to of 217593

TJ, your compatriots are lining up to buy peanuts too... A Bumper Crop and Chinese Go Nuts online.wsj.com A stream of Chinese nationals began arriving in the peanut-farming region last winter, causing a frenzy in a $4 billion U.S. industry. With six-figure checks in hand, the Chinese are expected to scoop up 300,000 tons of peanuts this year—half of expected U.S. exports. The influx of Chinese means Georgia's peanut-shelling companies have been on hiring sprees to staff up factories that are running 24 hours a day, some seven days a week, to keep up. There aren't enough trucks to ship all the peanuts to the port in Savannah, where containers sit full waiting for weeks to get onto vessels for Asia. U.S. exports are expected to double over last year. China's appetite comes from a combination of cheap prices in the U.S. after a record crop last year—up 84% over 2011—and ravenous demand in China for peanut oil. The result is a welcome boost to peanut-growing regions from Georgia to Oklahoma. "To have a single source to buy this huge volume of peanuts is a dream for us," said Bob Parker, president of the National Peanut Board, an industry group representing peanut farmers.