Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Argentine Soybeans

My Thoughts

Why China is in Argentina

The reason for China’s interest in Argentina today is the same reason, Great Britain was so interested in Argentina in the 19th Century. To explain, the reason is food, specifically soybeans.

China’s voracious appetite for soybeans explains its interest in Argentina. In fact, China uses one-third of the world’s soybeans or 4.2 billion bushels a year, the American Farm Bureau Federation estimates.

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