Trade Negotiation Indicators: A 'round the globe update ...
Regional/FTAs: Trade negotiations are alive and well. The newly announced Asia-Pacific centered Regional Comprehensive Economic Partnership (RCEP) combined with ASEAN trade negotiation effort combined with the Japan/China/South Korea free trade agreement (FTA) effort, the Trans-Atlantic FTA, and a potential U.S. effort in Latin America shows trade liberalization is at least economically positive in theory. Japan: However, there are predictions that Prime Minister Yoshihiko Noda's ambition of joining the Trans-Pacific Partnership negotiations will cause the loss of his DPJ party to the rural-centric LDP in the December 16 election. Much like the blue/red state divisions in...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...