May 4, 2024

News and Political Commentary

American Farmers Fight Back After Losing Top Crop Export Crown

2 min read

After the US lost its status as the world’s top exporter of crops over the past decade, its farmers are ready to fight back. The strategy: maximizing production.

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(Bloomberg) — After the US lost its status as the world’s top exporter of crops over the past decade, its farmers are ready to fight back. The strategy: maximizing production. 

That’s the message from participants at the Commodity Classic in Houston, one of the world’s largest farming shows that saw record attendance of more than 11,500 people two weeks ago. The thought is that even with abundant stockpiles, and corn and soy futures languishing near three-year lows, farmers have little choice but to raise the biggest crops possible. 

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Bloomberg News

2024-03-10 10:21:29

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