Analyst John Baize leverages his 38 years of working the global market on behalf of soybeans and other farm products to predict trends and growth. Baize says that the global economy will continue to grow, with continuous growth in the GDP in countries throughout Asia, particularly in the Asia Subcontinent and China.
More per capita income in developing countries translates to an improved diet, which means more animal protein and more vegetable oil. The global demand for soybeans is growing faster than for other ag exports and he predicts that soybeans will remain a very desirable crop for U.S. farmers in the year ahead.
