China has gone from basically having 500 dollars pecapag d p, that have grown to over 20 thousand dollars pcapagd p. They've gone from being poor to becoming rich. And one of the interesting things about growing animal protein is that it's much more grain intensive than just eating standard rice and wheat in the form of bread. So what happens as as you consume or animal protein, that the demands to produce more grain on a global basis increase substantially.
MacroVoices Erik Townsend and Patrick Ceresna welcome agricultural commodities expert, Leigh Goehring to the show. Leigh says emerging markets have discovered meat, and that creates exponential demand for grains. They discuss long-term trends in grain demand, the present fertilizer shortage, and much more. https://bit.ly/3AaPGMV
Download Leigh's charts: https://bit.ly/3dGIUXy
Goehring & Rozencwajg Market Commentary Q4 2020: https://bit.ly/3AavESm
Goehring & Rozencwajg Market Commentary Q4 2021: https://bit.ly/3pw52X6
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