National Ag News
Economist: Growing population doesn’t necessarily mean higher commodity prices
Dec 18, 2017, 11:41 AM
by
System
As global population continues to increase, so will the demand for food. But Wells Fargo ag economist Mike Swanson says that doesn’t necessarily mean higher commodity prices.
Swanson thinks agriculture’s ability to respond to the growing population challenge is underestimated.
“We’re not going to get bailed out by higher prices,” Swanson says. “I see great demand coming, the same as everybody else. You know, nine billion people to feed, higher incomes around the world, good demand for food.
