Co-ops’ chief: MAHA, foreign competition pose ‘structural’ challenges for US ag
Co-ops' chief: MAHA, foreign competition pose 'structural' challenges for US ag
Farmers and policymakers are long accustomed to market cycles in agriculture and have long counted on low prices eventually giving way to price increases.
But today’s farm economy faces more significant structural challenges than in the past, due in part to weight-loss drugs, the Make America Healthy Again movement and growing competition from Brazil, says a top industry leader.
“Those are structural changes that demand that the market respond,” said Duane Simpson, who took over last July as pre
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