The Export Import Bank of the U.S. (ExIm) is set to expire at the end of the month, which has spawned a brawl between Boeing and U.S.-based airlines over the lower-cost financing that it provides to foreign-based air carriers. ExIm versus MAP The Export Import Bank of the U.S. (ExIm) is set to expire at the end of the month, which has spawned a brawl between Boeing and U.S.-based airlines over the lower-cost financing that it provides to foreign-based air carriers. ExIm operates under a required target that 20 percent of its financing benefit exports by small businesses. Proponents of reauthorization argue that the vast majority of its loans benefit small business. However, on a total U.S. dollar basis, the vast majority of funds finance...

TAGS – Feed Grains, North America