Ag trade expert watching consumer reactions to food inflation following attack on Ukraine

Ag trade expert watching consumer reactions to food inflation following attack on Ukraine

Following Russia’s invasion of Ukraine, a former Chief Ag Negotiator for the US Trade Representative is keeping a close eye on food inflation and consumer reactions around the globe.

“I’m watching China very closely because they are the biggest player on the block in agriculture these days across the board.”

Gregg Doud now serves as the Vice President of Global Situational Awareness for Aimpoint Research. He tells Brownfield 4th quarter GDP in China was only 4% compared to their usual 7-8% and he’s interested to see how consumers react to global food inflation.