Rabobank Isolates Seven Long-Lasting Effects of COVID-19 on Grains and Oilseeds
Rabobank has released the report, “The Grain and Oilseed Sector in a Post-COVID-19 World” detailing both the short and long-term impacts of COVID-19 on the grain and oilseed value chains from producers, to suppliers, merchants, processors, and grain-based food manufacturers.
The analyst team identified seven major long-term changes for the industries:
More government intervention
shifting consumer behavior
increased concerns about food security
falling biofuel demand
deglobalization of supply chains
higher investment in digital supply chains
and a decline in global feed demand
In the following article, Stephen Nicholson, grain and oilseed analyst with Rabobank and author of the study examines each of these challenges, concluding that the resulting volatility and changes being faced by the global grain and oilseed industries “will demand our imagination, flexibility, and openness to new market possibilities.”
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