Tai Not Lighthizer? In one of the odder developments, Congressional Democrats are complaining about a lack of consultation by USTR over trade policy pursuits like the Indo-Pacific Economic Framework and the Americas Partnership for Economic Prosperity. There are three incongruities about the situation:
Congressional Democrats claim to support the “worker-centric” objectives of the Biden trade policy. USTR Katherine Tai is a product of Capitol Hill and otherwise has close ties with the Democratic leadership. Some of the same Democrats complaining now squirmed over Donald Trump’s trade policy but praised USTR Robert Lighthizer for his efforts to consult with them.
Cart Before the Horse Hugo Rodrigues is a career U...
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...
