India Concessions U.S. President Donald Trump and Indian Prime Minister Narendra Modi meet tomorrow at the White House. Trump says other countries treat the U.S. badly and perhaps none more than India. Its trade policy is dominated by protectionism. It has led the movement by developing countries at the WTO to retain large border measures (Special & Differential Treatment) while demanding greater concessions by rich countries. This dynamic has stalled most progress at the global trade forum forcing like-minded countries into plurilateral agreements. It continues to subsidize agriculture and export its surpluses in contravention of WTO rules. But in contrast with the EU, New Delhi is being conciliatory, signaling it is willing to lower t...
Key Takeaways: Soymeal with 44 percent protein generally contains more soybean hulls and fiber, while 48 percent soymeal is more extensively dehulled, resulting in higher protein concentration and lower fiber. CBOT soymeal futures were lowered from a 48 percent to 47.5 percent protein specific...
The trade deficit contracted slightly to $73.3 billion in June, a break from the volatility that has underscored international trade over the past year. Despite the small change, there was plenty of activity behind the scenes: imports fell $7.3 billion, led by crude oil, reflecting cheaper crud...
Senator John Boozman (R-Arkansas) has urged farmers to apply pressure on the failed farm bill during the August recess. His intent is to hold another vote on the legislation as soon as possible upon the Senate’s return from a five-week break on 14 September. From a parliamentary perspecti...
Yesterday the Senate Agriculture Committee held its markup of the “skinny” farm bill, and it was derailed over Democratic opposition to plans for imposing food stamp costs on state governments. The Democrats pushed back on a provision that required states to pick up a larger share o...
From WPI Consulting
Illuminating the value of technical research
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