U.S. Farms Face Long-Term Losses From Trade War, BCG Warns (1)

Oct. 9, 2019, 1:30 PM UTC

U.S. farmers and agribusinesses face a rising threat of long-term losses in export sales as President Donald Trump’s trade war with China continues, Boston Consulting Group warned in a report.

American producers are unlikely to fully regain their lost market share in China, according to Decker Walker, the firm’s global head of agribusiness and one of the study’s lead authors. “My personal view is less than half of that demand will come back, even if a trade deal is concluded in the near term,” he said.

The findings by a blue-chip management consulting firm could feed mounting ...

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