U.S. farmers are feeling the heat as the emergence of BRICS—Brazil, Russia, India, China, and South Africa—has completely upended global trade. In this video, GeoSurge delves further into how traditional price discovery techniques are being undermined and American agricultural exports are being negatively impacted by the BRICS trading system. Growing agricultural superpowers like Brazil and Russia are making it harder for American farmers to compete as the BRICS countries move away from the US dollar and change the way they trade.
We’ll dissect the data, including how China’s reliance on Brazil, the decline in US soybean exports, and the way Russia’s wheat exports are changing international trade. What does this signify for American agriculture going forward? And what effect will these changes in commerce have on the world economy?
Watch to get the most recent information about the impact of BRICS on international markets, the ways in which it is influencing American farmers, and the prospects for price discovery in agriculture.
In this video:
How BRICS is bypassing the U.S. dollar in global trade
The impact of BRICS on U.S. farmers’ exports (soybeans, corn, wheat)
Breakdown of global price discovery and how it’s changing
The consequences for small and mid-sized American farms
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#BRICS #USFarmers #GlobalTrade #PriceDiscovery #GeoSurge
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