10 key factors that will shape ag in 2021
CoBank releases '2021 Year Ahead Report – Forces That Will Shape the U.S. Rural Economy.' Dec 31, 2020 1. Global economy: Uneven recovery ahead - Against all hope that COVID-19 would fade in 2020, it will continue to steer the global economy in 2021. Global economic recovery was very uneven in 2020, and given the current surge in virus cases, it is expected to remain the case in 2021. Confidence in GDP forecasts has increased since mid-2020, but uncertainties related to the dissemination and uptake of vaccines mean timing the recovery is still exceedingly difficult. Of all major eco...