Nowhere is the lower farm income issue being more contentiously discussed than in Europe. Politicians are expressing outrage over the spread between farm gate prices and those paid in supermarket, and there is a range of proposals to remedy the alleged insult.
Europe Falls Hard Like other governments, the EU is trying to respond to farmer angst over low commodity prices, including by lowering the threshold that triggers income stabilization subsidies. Still, nowhere is the lower farm income issue being more contentiously discussed than in Europe. Belittling the value being added by others along the value chain, politicians are expressing outrage over the spread between farm gate prices and those paid in supermarkets. Proposals t...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
