For historical reasons, delineating federalism - the role and powers of states versus the national government in the U.S. - can be confusing, and there are several current examples. Policy versus Mother Nature The Financial Times reports that North Korea has halved the amount of rations available to citizens to less than 1,000 calories per day. Following years of starvation-level agricultural production, Pyongyang initiated market reforms that were substantive and credible. This included allowing:
small groups of families to produce crops for their own use expansion of so-called kitchen gardens from 100 to 3,300 square meters use of the same land for years retention of up to 70 percent of what they produce with just 30 percent given...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
