An economist says China’s global trading relationship is casting uncertainty for the ag economy in 2022.
Ernie Goss with Creighton University says his outlook hinges on China’s relationship with Taiwan after the Winter Olympics next month. “Does China get more aggressive in terms of Taiwan. That’s going to be a real issue,” he says. “I would call that a black swan. That could be the real fly in the ointment for agriculture.”
He tells Brownfield that’s one reason why he doesn’t expect the ag economy to be as positive this year compared to 2021.
