Page 7 - Brian Sheldon News Today

By Dusty Sonnenberg, CCA, Ohio Field Leader: a project of the Ohio Soybean Council and soybean checkoff Agricultural trade was the topic of the first in a series of winter outlook meetings hosted by the Department of Agricultural, Environmental and Developmental Economics (AEDE) at The Ohio State University’s College of Food Agricultural and Environmental Sciences (FAES). Dr. Ian Sheldon, Ohio State’s Andersons Chair of Agricultural Marketing, Trade and Policy, led the discussion examining ...

Global agriculture trade remains steady through pandemic 2020 overview In April 2020, the World Trade Organization (WTO) estimated global trade would be impacted between 13% to 32% due to the pandemic. Fortunately, neither of those were the case. The current WTO forecast is for total 2020 global trade decline to be only about 9.2% with an anticipated rise next year. Without the pandemic, economists were expecting trade to remain consistent on its steady tick up. Fortunately, the largest impact...

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