Not so Sweet The WTO last month sided with Australia, Brazil, and Guatemala that India’s sugar subsidies were distorting and illegal. India has appealed the ruling knowing that the WTO’s Appellate Panel is non-functioning, thus putting the case in limbo. However, Brazil intends to retaliate anyways, which could be challenged by New Delhi, then go to appeal by Brasilia, and thus ending in its own limbo with India’s subsidies plus Brazil's retaliation both intact.
Green Finance Gary Gensler is the former chair of the Commodity Futures Trading Commission and now chairs the Securities and Exchange Commission. He is expected to impose a new requirement that publicly traded companies must quantify and report on...
What You Need to Know Today: The G7 agreed to release 100 million barrels of crude oil and fuel reserves over four months, with a substantial diesel release front-loaded into the first 20 days. The announcement initially pushed crude oil lower on Friday, although it later recovered a portion o...
In a recent social media post, R-CALF unveiled its latest cattle market plan: “contracts that bind producers before establishing a base price, then tie that price to future negotiated cash transactions, should be prohibited.” That proposal aligns with recent legislation by Represent...
Key Takeaways: The recent pearl-clutching from parts of the beef industry regarding the loss of the daily Kansas fed cattle negotiated trade pricing report is overwrought and ignores the fact that the direction was readily apparent. The shift away from negotiated trade has been well docu...
