Rabobank's GM for RaboResearch says the global agricultural landscape has entered a new phase where geopolitics – not only traditional supply and demand market forces – will dictate agricultural trade flows, prices, and production decisions, according to the bank's Agri Commodity Outlook 2026. The report describes a world increasingly divided between two spheres of influence – the United States and China – where agricultural commodity exports have become “pawns on a geopolitical chessboard.”
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