By the end of the year, US farm-fodder production is expected to hit its lowest level since the 2008-2009 recession, when the global economy hit a six-year low, according to the US Department of Agriculture.
While the US has imported $1bn worth of fodder since then, the amount that’s actually being produced has been dwarfed by the amount of feed that has already been purchased.
The farm-food market is expected by the US to generate $7.2bn by the end, according a Bloomberg analysis.
This is a significant decrease from the $15bn that the US imported last year, but is still far from enough to feed an estimated 20% of the country’s population.
The US Department, however, expects the total US farm product import to grow by almost 3% this year, up from a projected 2.5% increase in 2017.
The increase in imports is the result of the US’ decision to buy bulk quantities of beef and pork from China, which have grown much faster than domestic cattle, as the market has dried up.
As a result, the US is importing far more feed than it used to, with imports expected to rise by about 5% this summer.
This means that it will need to import more fodder in order to meet the growing demand for food.
The USDA expects the US livestock market to grow to more than $3.5bn by 2018.
To accommodate the increase in demand for feed, the USDA is working to raise the amount it buys for livestock by about $2bn this year.
This is likely to mean that the amount available for domestic livestock will be more than the $1b needed to feed the entire country, as demand has been largely frozen.
In the meantime, farmers are being forced to adapt their farming methods, increasing the amount they spend on fertiliser and increasing their reliance on synthetic fertilisers.
In a sign of how the farm-economy is evolving, US farmers are facing shortages of fertiliser in a number of areas, according with the US Environmental Protection Agency.
US farmers are also facing shortages in several types of fertilisers, such as perlite and ammonium nitrate, according the EPA.
For this reason, many farmers are switching to synthetic fertiliser to meet growing demand.
However, this will not be enough for the US as the USDA plans to increase its import of feed by another $1,200bn over the next three years.
The farm supply chain, which includes the food supply chain as well as fertiliser plants, fertiliser producers and processing plants, is now more than 80% reliant on imports of feed.
Farmers are also trying to avoid importing too much feed, with many using alternative methods, such and using artificial fertilisers or feeding crops to animals.
The USDA’s decision to increase feed imports will also have a significant impact on farmers.
In order to make up for the lost income, many US farmers will be able to raise their prices by selling their cattle and livestock to other farmers, according Bloomberg.
However, the government has also decided to lower the price of cattle and sheep by 2.6% this week.