US trade policies under Donald Trump will be key to agricultural commodities next year, as the world continues to grapple with high levels of grain production and inventories, according to a leading forecaster.
“The area of concern is whether anything is going to happen that is going to affect our trade with China, which is a big agricultural buyer,” said Don Riffe, senior vice-president for agribusiness intelligence unit at Informa, a key grains forecaster whose data are widely followed by market participants.
Mr Trump’s anti-globalisation campaign platform during the elections has raised concerns about protectionist economic policies and the impact on US imports and exports of commodities, especially with China.
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