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US soyameal surge

This article was originally published in The Public Ledger

US soyameal exports to Southeast Asia this year are likely to rise to between 700,000 and 750,000 tonnes from 500,000 tonnes in 2006, according to John Lindblom, Southeast Asian regional director of the American Soybean Association. Mr Lindblom added that the weakening of the US dollar against some Southeast Asian currencies had cushioned the impact of rising soyabean prices.


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