North American Agribusiness Review October 2019
This periodical update provides a market outlook for dairy, cotton, wheat, and other key commodities, and gives an overview of what developments to watch in the months to come.
The economic data shows that, at the moment, weakness is already spreading through the economy. Therefore, we stick to our forecast of a US recession in the second half of 2020. In our view, the Fed will be forced to cut all the way back to zero before the end of 2020.