Major crops are traded on global markets, which means that production failures can have far-reaching impacts. Moreover, climate change is expected to generate heat waves and drought that could cause crop losses in most of the world’s breadbaskets.
In China, demand for food-grade soybeans continues to increase. Still, U.S. food-grade soybeans have been under Chinese consumer scrutiny and suffer from poor quality perceptions. Read moreRead More »
The U.S. is the world’s largest exporter of agricultural and food products, with exports now accounting for about 35 percent of the nation’s farm income, up from 28 percent in 1996. The value of ag exports has increased from $46.2 billion in 1994 to $134.9 billion in 2016. Read[…]Read More »