CoBank’s 2021 outlook sees a year of recovery coming. CoBank Knowledge Exchange Division Manager Tanner Emke says that is good news for agriculture. “Especially for those impacted in the food service sector, because of so many restaurants and schools being closed. Now that we have some good vaccines along the way, the sector is expected to have a strong rebound in 2021. That’s good news for animal protein, dairy and crop sectors.” Emke also sees commodity prices holding firm. “It’s driven largely by purchases from China and the dry conditions in the key growing regions caused by La Nina.”
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.