China Demand Shows Hunger for Soybeans, Grains

Your next video will start in
  • Info

  • Comments


Nov. 15 (Bloomberg) -- Bloomberg's Scarlet Fu and Cooper Anderson, CFO at Greenhaven, put futures in focus with a look at the impact of growing demand from China for soybeans and grains in "On The Markets." They speak on Bloomberg Television's "In The Loop."

Support in the soy market?

We had a big drought in 2012. 2013, everyone was looking for this harvest to relieve our inventory tightness.

He is seen some of that in corn and wheat.

Soybeans continue to maintain kind of tight.

Our inventories are going to be about five percent.

That is very tight coming out of this.

A lot of this has been driven by exports to an extent.

They are providing quite an underlying bid.

As we hear about the chinese economic reforms, what will that mean for so way -- mean for soy?

There is a story here that people are aware of.

The chinese are continuing to move of the protein chain.

They are starting to get better producers of livestock and balancing their livestock diets.

We export about 25% of our soybean crop to china last year.

We are ahead of that pace this year.

They continue to be a pretty strong force in our export market.

It is cheaper to buy grain from us than it is over there.

A little bit of price arbitrage for the chinese.

There's some reason to be caution.

We are one crop failure away from a crisis.

How likely is that?

Very likely.

The volatility risk is still to the upside.

They could definitely take a look at futures, especially going long, futures) for harvest next year -- we will see how south america.

They are in the middle of planting right now.

All right.

Thank you very much.

Two per anderson of greenhaven.

We are on the markets in 30 minutes.

"market makers is up next." vix under fire.

Did the president just turn obamacare into an even eager mass?

That is what insurance ceo's are saying and they are on the way to the white house.

We look at the problem and the potential solution.

Bigger is better.

That is what the banker to the bankers says.

He will be here to tell us why breaking up is hard to do is a bad idea.

All flipped out.

Mcdonald's menu is so long it is bogging down the drive-through.

We will show you how mickey d's

This text has been automatically generated. It may not be 100% accurate.


BTV Channel Finder


ZIP is required for U.S. locations

Bloomberg Television in   change