Trump’s Return and Its Impact on the Global Grain Market Outlook and Food Security
Mr. Dan Basse, President of AgReSource Company

There is an abundance of food and grain supplies around the world; but the question is, are there enough funds and foreign exchange to buy food for those countries? According to recent reports from the US Department of Agriculture and the United Nations, food security is improving, and if there is a problem, it is mostly in South Asia, Southeast Asia, or possibly Africa.
Global Grain Market Outlook, For example, the currency of countries like Egypt has seen a 40% drop in value. When a country’s currency drops by 40%, the purchasing power of the people also drops. But people have helped Egypt and given loans to buy wheat and food. The problems are more related to countries like sub-Saharan Africa, like Ethiopia. Some of these countries are really struggling because they don’t have foreign exchange or government budget to import food. Because of this, the world’s focus is on these food insecure areas. For example, Bangladesh has always been food insecure, but it has always been a problem and the recent unrest and weak political leadership have not helped.
One of our big concerns with Trump is the poor people of the world and how they will deal with Trump’s tariffs or other issues. In the United States, Trump will simply give more money to American farmers. What they call “Trump Bucks” will go back to the farmers, so they will be fine, but outside the United States, this will pose challenges.