There are 4 item(s) tagged with the keyword "economies".
Displaying: 1 - 4 of 4
Ukrainian wheat fields turned mine fields and farmers turned soldiers – the implications of these disruptions will be felt in global agriculture for years to come. Recent news coverage has been peppered with stories of Russia’s brutal attacks on Ukrainian citizens, including its efforts to destroy the infrastructure necessary to sustain the Ukrainian people and export agricultural commodities to the global marketplace. While these stories certainly pull at our heartstrings, and as an industry, we are working diligently to head off a looming food crisis, we are also concerned about what the long-term ramifications may be from this war.
“If I told you your world was going to change, is your immediate response dread or optimism?”
Joseph Kerns, president of Partners for Production Agriculture, prompted this question to attendees at the American Feed Industry Association’s recent Purchasing and Ingredient Suppliers Conference. He emphasized that change in global markets is inevitable and it’s important to be ready for it, naming examples such as the impact of renewable diesel on operations and what Russian President Vladimir Putin’s actions mean for global grain supplies.
As Benjamin Franklin once said, “Nothing can be said to be certain, except death and taxes.” We knew the U.S. animal food industry paid taxes – but we just didn’t know how much of an impression on the economy it had, until the Institute for Feed Education and Research commissioned a report on the animal feed industry’s economic contribution in 2016.
This week, the American Feed Industry Association held its Digital Dialogues webinar series, highlighting what we can expect for the weather, cattle and global markets.
Displaying: 1 - 4 of 4