It is difficult to offset the loss of the Trans-Pacific Partnership (TPP) to U.S. agriculture, but this week showed several successful outcomes from the Trump administration’s efforts to put pressure on trading partners. Trade Progress It is difficult to offset the loss of the Trans-Pacific Partnership (TPP) to U.S. agriculture, but this week showed several successful outcomes from the Trump administration’s efforts to put pressure on trading partners, which included the following:
Argentina agreed to open its market to more U.S. farm products and lifted a 25-year old ban on U.S. pork products. Colombia agreed to open its markets to more U.S. farm exports and will provide expanded market access for American paddy rice. Korea agreed t...
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...
