Great point, Jason!
So I am not confident a small-to-medium refuction in animal feed demand would ultimately impact crop acreage that much.
I agree confidence is not warranted.
I don’t know about other markets though!
It looks like there is significant variation across countries (the relevant metric is per capita production, but I did not immediately find it):
Great point, Jason!
I agree confidence is not warranted.
It looks like there is significant variation across countries (the relevant metric is per capita production, but I did not immediately find it):