Coming Transatlantic Trade War EU Trade Commissioner Cecilia Malmström correctly said this week in Washington that she understands that including agriculture “is still important from the U.S. side, but we have been very clear that it is not going to be in a trade agreement on our side…So things haven't changed." But things will change. Politically, Donald Trump cannot win re-election if he abandons the needs and aspirations of rural voters. Brussels even put a poison pill into the Brexit deal to prevent a U.S.-UK trade deal. Trump will ultimately have to ramp up his trade war against Europe. The EU position is understandable but not necessarily logical for several reasons including the following:
Europe is the s...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...