The global trade in agricultural commodities is expected to touch $217 billion by 2020, said High Quest Partners, an agri-business consulting firm High Quest Partners on Wednesday. “Agricultural commodities trade is forecast to reach 526 million tonnes (mt) by 2020 and will be worth $217 billion at current prices," Blair Fortner, director at High Quest Partners, said.
Speaking at an event, he said commodities markets across the globe have entered a period of high and volatile prices.