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All Agri Commodities Around the World Trade in Dollars and So What Do You Think About That?
All ag commodities around the world move commodities right they trade in dollars and so if the dollar strengthens against the local currency the farmers actually make more money. So, you know, there may be fluctuations in FX risk But generally speaking I think we see And I'm just speaking generally here not about this particular transaction We generally see and we saw this at Monsanto. It's a good example all ag input companies When the local currencies devalue in a market that they're selling into they charge more in their local currency.