EU’s Agriculture Vision The EU’s draft proposed “Vision” for agriculture will be released tomorrow and it is said to be “farmer centric,” which means it involves complications for the market. Its ‘Vision & objectives for 2040’ has many rhetorical soundbites like an agri-food system that is attractive, competitive and future-oriented and fair for current and future generations. It will involve fair living standards, good working conditions, new income opportunities, and will work hand in hand with nature (organic food and carbon farming). Everything will be simplified, and transparent, with farmers leading the design of policy. Specifically:
Payments will be capped and favor those farmers...
What You Need to Know Today: The Trump administration announced new tariffs of 10 percent to 12.5 percent on imports from 60 major U.S. trading partners as part of a Section 301 action aimed at combating forced labor in global supply chains. Countries that have agreed to adopt and enforce bans...
Key Takeaways: Grain futures pulled back sharply in overnight trade Friday on rumors that Ukraine proposed two possible options for ensuring civilian vessel safety in the Black Sea. Both Russia and Ukraine have recently targeted civilian vessels carrying oil and grain in the Sea of Azov...