Date : 10th May 2019
In this issue, global trends and historical data are discussed for corn, soybeans, cotton, rice and wheat, and forecasts are included for the next 10 years. Of course, the "trade war" with China is a big factor for many of the crops today and the forecasts for the next 10 years, affecting more than just the U.S. and China. At the time of publishing, the trade war had not been resolved, and President Trump added more tariffs on Chinese imports. Other factors besides the trade situation affect the forecasts, such as the Asian Growth Center of China, India, Other Asia and East Asia accounting for 52% of the world population. The area consists of extreme poverty that is enjoying economic growth, which is very important for commodity consumption, but especially food products. Also, Doane's forecasts assume that the USMCA will be ratified this summer.Download
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