The U.S. appeal over the WTO ruling against its country-of-origin-labeling (COOL) regulation is being heard in Geneva this week. It is likely the WTO will again rule against the U.S., which must have an applicable legislative or administrative fix. COOL Appeal Hearing This Week The U.S. appeal over the WTO ruling against its country-of-origin-labeling (COOL) regulation is being heard in Geneva this week. The National Farmers Union has commissioned a study from Auburn University that concludes COOL has not had:
a significant negative effect on the price paid for imported slaughter cattle relative to comparable domestic cattle a statistically significant negative effect on imports of feeder cattle relative to U.S. feeder cattle placemen...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
