re. the state of china, perhaps i'm naive but i tend to think the falls in shanghai are a healthy correction and not necessarily the beginning of 'the end of the world' pt 2. and i'm not entirely sure a share market correction will destroy milk demand.
there have been increasing signs of improvement in the international dairy market recently, mg just increased their milk price despite a strengthening dollar.
providing this rally continues it's an encouraging sign for fertiliser demand. aside from topdressing pastures with superphosphate, dairy farmers soak up a lot of grain.
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