World geopolitics will block global agricultural trade – Den Basse

through tariffs and a more assertive foreign policy. “We believe that global geopolitics is reshaping global agricultural trade. Whether you consider Trump an angel or a devil, he plays a huge role in many grain discussions not only in the US but around the world,” Basse emphasized. According to AgResource, the US share of global grain exports has fallen to 16%, and against this backdrop, tariff policy is becoming a tool in the struggle for competitiveness. Meanwhile, grain production costs continue to rise, and farmers’ profits worldwide are declining amid low agricultural prices. “We calculated that the 2025 harvest in the Northern Hemisphere brought farmers the lowest margins since 2019. And now the downturn in the US is exacerbating financial pressure on farmers outside the US. American farmers still have large inventories of wheat, corn, and soybeans from the old crop. I think this will put downward pressure on the market as the new season approaches, unless weather anomalies ...