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China to drive commodity demand for 10 years: Rabobank

Posted on 19 December 2012

China will drive demand for food and farm products in the next decade, Rabobank International said, citing a poll it performed of food and agribusiness executives. Sixty-one percent of the 350 executives polled said China will be the country or region to have the largest impact on commodity demand in the next 10 years, followed by India and Africa, the bank said.
Forty percent said China will be the primary driver of world economic growth in the next 50 years. Weather extremes were cited by 68 percent of respondents as the biggest factor affecting North American food and agribusiness in 2013, ahead of consumer demand and government regulations………………………………………..Full Article: Source


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