Ag Trade Expert: “Close the Gate to the Black Swans”
A global agricultural trade expert says a series of rare events have created an ongoing list of challenges for farmers around the world.
Gregg Doud, currently at Aimpoint Research, formerly served as Chief Ag Negotiator for the US Trade Representative under the Trump administration. He tells Brownfield that while the Russian invasion of Ukraine has triggered a number of problems in the global supply chain, it has also put Ukrainian farmers at risk.
“We see where some areas have been mined, it gives the idea of coming out in a tractor and having some sort of life-or-death discussion.”
As the US recovers from the challenges related to COVID-19, countries like China remain in lockdown.
“The Chinese economy is not doing well and with these lockdowns we have to keep in mind that we will be damming and bottling again here because of the supply chain issues.”
And he says unsettled weather and natural disasters like wildfires in the US Great Plains, drought in South America and extreme heat in India are only adding to the adversity.
“Will someone close the gate that let all the black swans out? I think we have enough black swans here at the moment.”
Click here to watch the full video interview with Doud on the impact of the war in Ukraine on global agricultural trade.
https://brownfieldagnews.com/news/ag-trade-expert-close-the-gate-to-the-black-swans/ Ag Trade Expert: “Close the Gate to the Black Swans”