GRAIN FARMERS SHOULD look to 2012 with optimism. Despite the economic volatility that is expected to continue into the new year buoyed by Europe's financial crisis, indications are strong that crop growers will benefit from a marketplace with limitedsupply at a time when worldwide demand for commodities is rising. Demand for commodities will continue to be largely driven by growth in emerging markets, says Jean-Philippe Gervais, senior agriculture economist with Farm Credit Canada. He points to countries such as China, India and smaller Asian nations of Vietnam and Indonesia where real Gross Domestic Product growth is expected to approach double-digit figures, according to International Monetary Fund projections.
展开▼
