World Perspectives

Recent Policy Analysis

Wars on Chinese Consumers, EU Farmers, and Foreign Investors; Japanese Challenge

War on Chinese Consumers China’s National Grain & Oil Information Centre (CNGOIC) is honest and forthright as it reported this week that soymeal prices have surged on fears of an escalating U.S.-China trade war. The graphs below document the rise in soybean and soymeal prices. The res...

Ag Implications of Legalizing Marijuana

Attorney General Jeff Sessions released a memo in January (see Ag Perspectives, 5 January) rescinding the so-called Cole memo, issued by Obama administration Deputy Attorney General James Cole in 2013, and four other Obama-era directives dating back to 2009 that set guidelines of noninterferenc...

Pig in an R&D Poke; Regenerative Economics; Language Squeeze

Pig in an R&D Poke Various coalitions of U.S. agricultural research universities are lamenting that the House Agriculture Committee-approved farm bill failed to include increases in federal subsidies for their research. It is natural for these largely academic institutions to seek greater s...

UnSNAPped and Prop 2; CRP Crossover; Sorghum Numbers

UnSNAPped and Prop 2 The U.S. House Agriculture Committee today approved H.R. 2, the Agriculture and Nutrition Act of 2018, but it passed along party lines and faces tougher challenges ahead. There was little discussion about Title I commodity programs, and most of the debate involved committee...

Safeguard and Security; Ugly Analysis; Trade Agreement Certainty

Safeguards and Security The Trump administration specifically asserted the “national security” rationale in applying duties to imported steel and aluminum because of its exception under WTO rules. However, China and now the EU as well as others are challenging that characterization...

Farm Bill Markup Tomorrow

The House Ag Committee is scheduled to mark up the chairman’s draft of the farm bill tomorrow. The whole process is still encumbered by some partisanship (see Ag Perspectives, 13 April) with House Minority Leader Nancy Pelosi’s (D-CA) exhortation to the Democratic caucus to “o...

Abe-Trump Tête-à-Tête; Milk Shake

Abe-Trump Tête-à-Tête Donald Trump wants a bilateral free trade agreement (FTA) with Japan, only rejoining the Trans-Pacific Partnership (TPP) as a fallback position and if it includes “substantial improvements” over the one he exited. Meanwhile, Shinzö Abe d...

Ethanol Regulatory and Policy Options

Last week was a very volatile week for biofuels policy. The president said the administration is very close to approving a year-round waiver for E15 as well as a two-year measure to relieve high prices of Renewable Identification Numbers (RINs). Reports also emerged that Senator John Cornyn&rsq...

Cruel, Disastrous, Partisan Farm Bill

Traditionally, farm bills have been the paragon of congressional bipartisan comity. However, that has seemingly come to an end. The 2014 Farm Bill took two years to pass, largely due to the dairy and Supplemental Nutrition Assistance Program (SNAP) provisions in the bill. As previously noted (s...

You Were Close

Respondents to WPI’s last online survey expressed the view that relations with North Korea reflected a troubled area that is slightly more likely to become positive (see graph below). That may still be the case, but President Trump’s recognition this week that rejoining the Trans-Pa...

Strategies Needed for Trade and Development; RFS Fix; Organic Death

Strategy for Trade Business groups told the U.S. Congress this week that the government needs a strategy for approaching China. In truth, there are many areas where strategy needs to be assessed and perhaps changed. One of those that is clearly inefficient and distorted is global agricultural p...

Senator Chamberlain; Catharsis and Anecdote; Go India!

Senator Chamberlain The Trump administration proposes to compensate American farmers for any adverse fallout from its efforts to secure greater trading rights abroad. With the courage of a multi-decade member of Congress, U.S. Senator Pat Roberts (R-Kansas), chairman of the Senate Agriculture C...

Wars on Chinese Consumers, EU Farmers, and Foreign Investors; Japanese Challenge

War on Chinese Consumers China’s National Grain & Oil Information Centre (CNGOIC) is honest and forthright as it reported this week that soymeal prices have surged on fears of an escalating U.S.-China trade war. The graphs below document the rise in soybean and soymeal prices. The res...

Ag Implications of Legalizing Marijuana

Attorney General Jeff Sessions released a memo in January (see Ag Perspectives, 5 January) rescinding the so-called Cole memo, issued by Obama administration Deputy Attorney General James Cole in 2013, and four other Obama-era directives dating back to 2009 that set guidelines of noninterferenc...

Pig in an R&D Poke; Regenerative Economics; Language Squeeze

Pig in an R&D Poke Various coalitions of U.S. agricultural research universities are lamenting that the House Agriculture Committee-approved farm bill failed to include increases in federal subsidies for their research. It is natural for these largely academic institutions to seek greater s...

UnSNAPped and Prop 2; CRP Crossover; Sorghum Numbers

UnSNAPped and Prop 2 The U.S. House Agriculture Committee today approved H.R. 2, the Agriculture and Nutrition Act of 2018, but it passed along party lines and faces tougher challenges ahead. There was little discussion about Title I commodity programs, and most of the debate involved committee...

Safeguard and Security; Ugly Analysis; Trade Agreement Certainty

Safeguards and Security The Trump administration specifically asserted the “national security” rationale in applying duties to imported steel and aluminum because of its exception under WTO rules. However, China and now the EU as well as others are challenging that characterization...

Farm Bill Markup Tomorrow

The House Ag Committee is scheduled to mark up the chairman’s draft of the farm bill tomorrow. The whole process is still encumbered by some partisanship (see Ag Perspectives, 13 April) with House Minority Leader Nancy Pelosi’s (D-CA) exhortation to the Democratic caucus to “o...

Abe-Trump Tête-à-Tête; Milk Shake

Abe-Trump Tête-à-Tête Donald Trump wants a bilateral free trade agreement (FTA) with Japan, only rejoining the Trans-Pacific Partnership (TPP) as a fallback position and if it includes “substantial improvements” over the one he exited. Meanwhile, Shinzö Abe d...

Ethanol Regulatory and Policy Options

Last week was a very volatile week for biofuels policy. The president said the administration is very close to approving a year-round waiver for E15 as well as a two-year measure to relieve high prices of Renewable Identification Numbers (RINs). Reports also emerged that Senator John Cornyn&rsq...

Cruel, Disastrous, Partisan Farm Bill

Traditionally, farm bills have been the paragon of congressional bipartisan comity. However, that has seemingly come to an end. The 2014 Farm Bill took two years to pass, largely due to the dairy and Supplemental Nutrition Assistance Program (SNAP) provisions in the bill. As previously noted (s...

You Were Close

Respondents to WPI’s last online survey expressed the view that relations with North Korea reflected a troubled area that is slightly more likely to become positive (see graph below). That may still be the case, but President Trump’s recognition this week that rejoining the Trans-Pa...

Strategies Needed for Trade and Development; RFS Fix; Organic Death

Strategy for Trade Business groups told the U.S. Congress this week that the government needs a strategy for approaching China. In truth, there are many areas where strategy needs to be assessed and perhaps changed. One of those that is clearly inefficient and distorted is global agricultural p...

Senator Chamberlain; Catharsis and Anecdote; Go India!

Senator Chamberlain The Trump administration proposes to compensate American farmers for any adverse fallout from its efforts to secure greater trading rights abroad. With the courage of a multi-decade member of Congress, U.S. Senator Pat Roberts (R-Kansas), chairman of the Senate Agriculture C...

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