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India’s soybean meal exports nearly tripled during December last year on higher demand in the global market, according to the Soybean Processors Association of India (SOPA).
Jenna: there will be critics about whatever restrictions are put out there. but so far the american public hasn't felt the effects. do you anticipate a change in that? it hasn't impacted produce production the last several years. but is this year going to be different? should americans anticipate higher prices? >> there are a number of factors that impact the markets and commodity pricing. we saw 400,000 acres of land go fallow. and this year is likely to be no different. as we continue to see the effects increased fallowing of acreage, there could be an impact. when you look at california, ca...
Surpassing $1,500 an ounce, oil over $100 a barrel, become too expensive. let's talk about the future. i suppose that's uncertain as well? >> you can't talk about commodity pricing without talking about china, of course. their gdp is around 1% since the 1970s. their imports of copper are falling dramatically. i think it's generally accepted that commodity prices will fall as the chinese economy slows down. gold is another interesting one because trade is worried about central banks debasing their economies. the fed is still printing money, contrary to the easing. gold is say safe haven. once w...