Baffling Trade Policy Trade policy aficionados in Washington are scratching their heads over some parts of President Obama's recent announcement. These include:
Georgia FTA: A free trade agreement with Georgia? There was some speculation that it related to the Tbilisi government's decision to end its blockade of Russia's entry into the WTO. In other words, the U.S. wanted Russia's entry and had to do something for Georgia to make it happen. But then President Obama's reference to Russia's entry in his State of the Union address was oblique at best: "And this Congress should make sure that no foreign company has an advantage over American manufacturing when it comes to accessing financing or new markets like Russia." He made no specif...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
Key Takeaways: Brazil’s growing role in global agriculture is accompanied by a major vulnerability: the country imports approximately 88 percent of its fertilizer needs. High natural gas costs and development challenges have limited domestic nitrogen and potash production despite Brazil&...
