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.
Related Stories
Smaller exporter crops and lower global stocks could keep wheat markets sensitive to weather, trade, and shifts in demand.
National Pork Board’s Andy Tauer discusses the growing popularity of the Boston Butt Pork Burger and key topics at the USMEF Spring Conference.
Corn inspections remain strong year-to-date, while China’s soybean and sorghum movement remains important to late-season export demand.
Southern Plains wheat shippers face higher rail fuel surcharges as hard red winter wheat production falls toward a nearly 70-year low.
USDA says both crops remain ahead of the five-year average as farmers continue monitoring dry Corn Belt conditions.
RealAg Radio’s Shaun Haney joins us to discuss Canadian farmer sentiment, saying many are also struggling with profitability and long-term outlook in agriculture.
