An agricultural economist shares his view: “Agricultural markets are caught in a whirlwind of trade disruptions. Direct market shocks will lead to ripple effects likely to affect most agricultural markets worldwide in the coming months. It’s important to have a global perspective of major agricultural markets in order to anticipate how markets may be impacted.”
Dr. Derrell Peel, Oklahoma State University agricultural economist, says we need to know where we stand to determine the impact of political and economic decisions in the future. Peel published global market profiles based on current USDA estimates following a trip to China and the swirling trade debates brought on by political forces.
The following information is a snapshot of the U.S. versus the world.
AUDIO: Profit Matters 8-7-18