The WTO's leadership is reportedly still trying to salvage a deal in Bali and has floated alternative language on a peace clause for India's proposed food security (public stockholding) plan.
Misfit Toys The WTO's leadership is reportedly still trying to salvage a deal in Bali and has floated alternative language on a peace clause for India's proposed food security (public stockholding) plan. India wants its domestic market subsidy to be permanently enshrined in the WTO and opposes the current draft text requirement stating that members "shall ensure that stocks procured under such programs do not distort trade."Separately, Yemen became the latest least-developed country to join the WTO, bringing the count to 160 nations. Countr...
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...
