The economic collapse translated into falling demand for ag products
Wednesday, September 2, 2009 at 12:35AM
Thomas P.M. Barnett

BUSINESS: "America's faltering livestock industry: Animal welfare; As exports tumble, America's pig and cattle farmers are stumbling," The Economist, 25 July 2009.

All that rising New Core demand for higher caloric foods quickly evaporated with the crash, resulting in a flood of unwanted Old Core supply. And when that sort of destocking happens in the ag business, it's brutal.

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