After having announced them earlier, the Trump administration late Tuesday apparently decided not to impose special restrictions on Chinese investments in/access to U.S. technology in the name of national security. Rather, it will rely on the limits and restrictions already in place that apply to all countries. This might be intended as a gesture to encourage China to re-engage in trade negotiations before the scheduled tariffs become effective on 6 July, or it may just be another example of the skirmishes within the administration between trade doves and hawks with the former winning this one. In any case, a serious effort by either side to forestall the 6 July tariffs is not visible, although U.S. officials say that they are in “com...
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...
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Accountability and a comprehensive approach to export programming
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