The populist National Farmers Union (NFU) has now provided some ideas on how to address the economic fallout of a long-run bear market.
Russia Slammed The WTO has ruled on Russia’s ban on the importation of pigs and pig products from the EU. Russia claimed at the time that the purpose was to protect against African swine fever, but it was understood then to be retaliation against European sanctions placed on Russian individuals and businesses following Moscow’s annexation of Crimea. Basically, the WTO Dispute Settlement Panel has opined that Russia’s ban violates the sanitary and phytosanitary measures (SPS) agreement and its obligation toward regionalization of measures. In short, Russia was so transparently v...
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...
