India is seeking a WTO dispute settlement panel to rule against subsidy and local content requirements for renewable energy in some American states. The U.S. characterizes this as political retribution.
USDA Non-Reorganization The 2014 Farm Bill contains a requirement that USDA split the current job of undersecretary for farm and foreign agricultural services into two separate positions. However, Congress provided no funding to carry out the reorganization, which would upset many involved, and the Obama administration saw little political obligation to the effort in its final 18 months in office. Now the new political leadership at USDA must decide how it will approach the legal requirement. In truth, there is no political benef...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
