“The USDA’s Foreign Agricultural Service (FAS) indicated in a report this week, ‘Brazil: Grain and Feed Update,’ that, ‘Brazilian agricultural production is expected to continue growing in 2023, maintaining the trend of producing another record-breaking grain harvest.'”

Analyst Comment: The World Economic Forum may proclaim to speak for the globe, but it’s agenda largely only aligns with Western nations: A competing order is developing, organized around BRICs and other agreements. This group of nations is investing in energy infrastructure including nuclear power, expanding food production, and strengthening their militaries. Meanwhile western nations undermine energy and other key infrastructure, hollow out fighting forces while inflaming international tensions, and continue to reduce and disincentivize food production.