Our major trade partners are in the middle of a population decline, a USDA study shows

New numbers show some of our largest export destinations are in the middle of a population decline.

Data from USDA shows major trade partners, like Japan, are on the list. There, population growth has been at zero, with a decline since 2009. Between 1990 and 2003, Japan was the top ag export destination by volume.

China is also in the same situation as they are expected to have negative population growth in less than 10 years.

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Overall, the report suggests a shift toward more comfortable supply levels, with demand emerging as a key factor to watch in the months ahead.