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MacroVoices #337 Leigh Goehring: The Global Food & Fertilizer Crisis Is Much Bigger Than Russia/Ukraine
Macro Voices
Global Grain Demand - What Changed Around Two Thousand?
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In the period from 19 80 or the late seventies up to two thousand, global grain demand grew very consist ly at about one point three to one point five % per year. However, starting in the late 19 nineties, a big fundamental shift began to happen in global grain demand. That that line basically pivoted up and it was that big increase in global grain Demand that we believe is one of driving forces that has caused the global agricultural markus to eventually slip into crisis.
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