EU Reveals Export Future The fundamental debate in Geneva between agricultural exporting countries and developing countries is domestic support versus market access. The perfect quid pro quo is rich countries reduce support and developing countries grant market access. Developing countries cannot countenance opening their borders, and rich country farmers will not concede support cuts without this concession. In outlining its vision for future WTO negotiations, Brussels has sided with poorer countries. Its latest soliloquy stated three ambitions:
Address trade distorting domestic support; Make progress towards a permanent solution to public stockholding for food security purposes (PSH); and Deliver on the immediate needs of vulnerable...
In a recent social media post, R-CALF unveiled its latest cattle market plan: “contracts that bind producers before establishing a base price, then tie that price to future negotiated cash transactions, should be prohibited.” That proposal aligns with recent legislation by Represent...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
Key Takeaways: Dry bulk markets are mixed this week with the Capesize sector seeing a sharp correction from its recent rally. Smaller vessel classes are steady/firmer but the Chinese Golden Week Holiday is pressuring near-term rates. Dry bulk freight did not receive the bullish boost it...
Key Takeaways: Russia recently said it would convert existing export terminals in the Baltic and Arctic Seas to handle grain as the Black and Azov Seas remain closed to maritime trade. Futures markets reacted negatively to this news, but does the conversion matter to short-term and long-...
