U.S.-EU Trade Agreement European officials are sounding a lot more enthusiastic than their American counterparts about the prospects for a trans-Atlantic free trade agreement. The Europeans bank on the ease of eliminating tariffs, which are relatively minor to begin with; the Americans see technical barriers as the intractable hurdle to increased trade flows.
EU Trade Commissioner Karel De Gucht: A trans-Atlantic trade deal no later than mid-2014 that can "Get as close as possible to full tariff elimination for industrial and agricultural products." He called for a common platform on which to handle regulatory or technical differences, while keeping "politically realistic about what can be done where we have entrenched differences...
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&...