Miscellany Day
The Biden Administration’s latest National Trade Estimates Report on barriers abroad kept opposition to Mexico’s glyphosate phaseout and failure to approve new GMO events, and added opposition to a new decree that would end imports of GM corn for human consumption.
The Biden infrastructure plan was welcomed by the agriculture sector for its investment in bridges, roads, locks and dams, plus broadband internet – but the ethanol industry sees nothing in the plan but more competition from electric vehicles. However, a proposal by some Senate Democrats for increased taxes would adversely impact farm assets.
The G-7 jointly attacked China’s industrial subsidies, agreed on the need for W...
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...
