Global Agricultural Weather Pattern Outlook – 2021
Published on: January 11th, 2021
Shawn Hackett, president of Hackett Financial Advisors, discusses a set-up for signifcant upside potential in most Ag markets over the next 12 to 18 months as the conditions for a rare weather cycle combination, pent-up feed demand from Asia, and burgeoning consumer demand after achieving herd immunity from COVID-19 collide. Hackett lays out the historical data for this upcoming weather cycle for late 2021 to early 2022 as well as the global weather outlooks in the coming months and how this extreme weather volatility would affect agricultural production. With Asia, particularly China, recovering from the African Swine Fever animal pandemic and global consumer demand and economic activity set to rebound after the COVID-19 pandemic subsides, he also explains where he sees some of the greatest opportunities in the Ag markets and how to play on these dynamics.