Post-Election Forecast Divided government is coming to Washington, and it has both positives and negatives. Optimists envision the farm bill being completed this month or next with Republicans and Democrats then reaching compromises on big initiatives like infrastructure investment and immigration reform. Pessimists see two embittered sides digging in to reveal the worst about the other ahead of a 2020 general election and the future of Trumpism. The Democrats will investigate and maybe impeach, while Trump pursues regulatory policy and foreign affairs with unilateral privilege.
Commodity and Trade Studies Canadian researchers Michael Devereux and Gregor Smith investigated (NBER Working Paper No. 25076) countries specializing i...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...