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Source: Margy Eckelkamp, AGWEB, 8/4/20
Michael Swanson, Wells Fargo chief ag economist, says he thinks there are supply and demand drivers in the agricultural market bigger than COVID-19, however, there will be long-term trends accelerated by the pandemic. “I’d argue this is not a black swan event. Pandemic is an existing word for a reason,” he said during a webinar hosted by AgTech Next. “It falls in a category of events that happens periodically that causes companies to reevaluate their strategies.” For more of this story, click here.
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