The incremental demand for Agri-Food created by the largest migration of people in China into the middle class in all of history can be observed in the prices for Agri-Food. Chinese demand has changed the pricing environment for Agri-Food as has never been done in peace time. They now consume a quarter of the world’s entire production of soybeans.
Chinese Demand Impact On Agri-Food Prices
The incremental demand for Agri-Food created by the largest migration of people in China into the middle class in all of history can be observed in the prices for Agri-Food. Chinese demand has changed the pricing environment for Agri-Food as has never been done in peace time. They now consume a quarter of the world’s entire production of soybeans.
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Read the full article via “Agri-Food Thoughts” by Ned Schmidt. FSO Editorial 03/15/2010.
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