Key Takeaways:
Ghana’s new law classifies all cocoa plantations as “protected farms,” which carries significant implications for farmers. Chief among these implications is the inability to switch area under cocoa to other crops, even when economic or biological conditions (such as diseased stands) make continued production unattractive. The move comes as Ghana seeks to prevent further declines in cocoa acreage as pressures from illegal mining and other crops (including rubber) offer strong incentives for farmers to move land out of cocoa production. The new law creates other provisions that may ultimately help improve conditions for farmers and spur broader economic development, but the net benefit for farmers is du...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
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”...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
