The worst part about the current situation with Greece is uncertainty, but things are not that bleak or uncertain. Greece Known Knowns The worst part about the current situation with Greece is uncertainty, but things are not that bleak or uncertain:
Greece in perspective is a rather small economic player. Prime Minister Alexis Tsipras will not deliver an alternative plan tomorrow that will be accepted by European lenders. Greeks voted for autonomy and will have it, although at high personal cost. Greeks wanted to be unburdened from debt – they have now been unburdened, though they will also be without credit. European lenders wanted Greece to better live within its means, and it will now be operating where spending can only match r...
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...
