World: The importance of consistent long-term policies for grains

Published 2021년 5월 4일

Tridge summary

The article highlights the significant transformations in the global agricultural sector, particularly in soybean production and trade, over the past 39 years as outlined in the inaugural issue of the Rosario Stock Exchange's Weekly Newsletter. It notes the end of the Cold War era and the rise of China as a global economic power, which has led to a substantial increase in demand for agricultural products. The article details how the dominant countries in soybean production and export have shifted, with Brazil now leading and China becoming a key importer. It also points out the surge in soybean industrialization, with a notable increase in the amount processed globally.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The first edition of the Weekly Newsletter published by the Rosario Stock Exchange was on May 7, 1982. Since then to date, the world has changed enormously, to the point that the configuration of the global political and economic map is one radically different from the one presented 39 years ago. To take a notion and just to cite a few examples, the Union of Soviet Socialist Republics (USSR) still existed, so Russia did not exist as such and the Berlin Wall was still standing; Although the European Union was already consolidated as a common market, it had only 10 member countries, when today there are 27, and the formation of a monetary union was not yet on the horizon, so the Euro was far from being a reality. Finally, China, today the second largest economy in the world that contributes 16% of world GDP (in 2019), was at that time the eighth economy and only represented 1.7% of global GDP. It is clear that the geopolitical map has been reconfigured in the last 39 years, and the ...

Source: On24