On Friday we covered the chances of sanctions on imported Russian oil (and referred to it yesterday). Here are five key points from Friday’s report to put into context of today’s announcement:
Biden did not say no (to a ban on imported Russian oil) Only (White House Press Secretary) Psaki has (ruled out a ban) (The ban) would seem to be a live issue within the Administration … it is important to note that Congress has a role (in imposing a ban) (Imposing sanctions is) in need of a plan that includes an offset for Russian oil
Today, the President issued an executive order that would ban the import of Russian oil, liquefied natural gas, and coal to the United States. It also prohibits new U.S. investment in...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
