Policy Snippets
U.S. Agricultural Trade Ambassador Doug McKalip says the goal is sustainability initiatives in the Indo-Pacific Economic Framework that do not prompt the creation of non-tariff trade barriers. Good luck with that, especially since the Biden Administration has already indicated openness to considering a border carbon measure.
Still smarting over Europe’s anger about the Inflation Reduction Act, the Biden Administration is giving Brussels assurances that it will seek lower adverse impacts from AD/CVD duties on Spanish olives.
Diplomatic Differences Singaporean Ambassador Ashok Kumar Mirpuri this week in Washington said, “We were honest with the Administration that market access would attract m...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
