If you don’t believe the global factors affecting the U.S. cattle market are numerous and complicated, you probably haven’t heard Dan Basse, president of Ag Resource Company, give an economic outlook.
By 2040, Japan’s population will drop by 25.3 million people. Today, the Black Sea region exports 34 percent of the world’s wheat. Brazil’s currency, the real, has been weak for several years versus the U.S. dollar.