Faded Green Wave While politicians on both sides of the Atlantic boast of bold plans for environmental protection, executing their initiatives is proving more difficult. A desired ban on neonicotinoid use in Europe is proving difficult where the rubber meets the road on the farm. Biotechnology advocates argue that Europe’s pesticide use is larger than the U.S. due to restrictions against crops genetically modified to resist damage. U.S. use of nutrients like phosphates and potash are higher per hectare while Europe uses more pesticides and nitrogen. U.S. use of potash is rising but applications of nitrogen are declining. Europe’s use of pesticides, nitrogen, phosphates, and potash had all been rising.
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What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
