Poverty that used to exist all across the world has in a little better. The consequence of that is, when they get richer, they want to eat meat too. We've got several factors compounding on top of one another. You've got global population growth, just means demand for grains,. Then you start to eat meat because the economy gets better, and that dramatically increases that rate. And then on top of that, ah, we've got the fact that maybe china has gotten to the point where it' sort of levelled off. But all of these other emerging nations are really just at the beginning of this story. That means that there's going to be a whole lot
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
Download Big Picture Trading chartbook 📈📉https://bit.ly/3dtOHPZ
✅Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/2JjZR7J
Please visit our website https://www.macrovoices.com to register your free account to gain access to supporting materials