Wrong Negotiations Washington and London kick off two weeks of videoconference trade negotiations this week, hoping to reach an agreement this year. The gambit helps gives leverage to Boris Johnson’s Brexit negotiations with Brussels while Mr. Trump gets to poke a finger at the Commission. If this were about economics, Washington would instead be negotiating a trade deal with Vietnam where the population is larger, younger and growing faster in terms of international trade. Instead, this is about politics rather than advancing national economic well-being.
ROO Trumps Substantial Transformation The EU and Mexico just reached agreement on a bilateral trade agreement that must now be ratified by their legislatures. That will be diff...
What You Need to Know Today: Traders are increasingly focused on next Wednesday’s August WASDE report, with corn and soybean yield estimates expected to drive the next major move in grain markets. Recent crop condition declines and late-July heat have increased uncertainty around USDA&rs...
Yesterday the Senate Agriculture Committee held its markup of the “skinny” farm bill, and it was derailed over Democratic opposition to plans for imposing food stamp costs on state governments. The Democrats pushed back on a provision that required states to pick up a larger share o...
Key Takeaways: WPI’s 2025/26 corn export models continue to reflect strong international demand and put the total marketing year volume slightly above USDA’s estimates. Strong old crop corn exports are offset by weaker feed and residual use, leaving ending stocks slightly ele...
