Dr. Bruce Sherrick: Trade War Could Leave Lasting Scars on U.S. Farmland Markets

Dr. Bruce Sherrick, director of the TIAA Center for Farmland Research, returns for Part 2 that continues from our discussion last week on foreign farmland ownership. This week he explains how the trade war is rerouting global farm trade. He breaks down how first-round tariffs helped finance a huge expansion of Brazilian soybean production, why most foreign land ownership comes down to ordinary business reasons, and which export-dependent countries are best positioned as demand grows in Africa and Asia. His take: markets mostly heal, but you don’t get rid of some scars.