Biofuels: Biden Administration Reportedly Considering RFS Relief for Oil Refiners Jun 18, 2021

🕔Jun 18, 2021
Reuters writers Jarrett Renshaw and Stephanie Kelly reported late last week that, “President Joe Biden’s administration, under pressure from labor unions and U.S. senators including from his home state of Delaware, is […]

Ag Trade: Amid China’s Record Grain Buying, Port Delays Arise Jun 14, 2021

🕔Jun 14, 2021
Bloomberg News reported on Friday that, “China’s embarked on a record corn-buying spree this year and some vessels have been delayed for as long as a month outside southern ports because of congestion, incurring hefty demurrage fees. “At […]

Ag Trade: Chinese Meat Imports Decline, More Purchases of U.S. Corn Jun 14, 2021

🕔Jun 14, 2021
Reuters News reported this week that, “China imported 789,000 tonnes of meat in May, down 3.3% from the same month a year earlier, customs data showed on Monday, after a plunge in domestic pork prices dented appetite […]

Ag Economy: Federal Reserve Observations from May – Beige Book Jun 11, 2021

🕔Jun 11, 2021
On Wednesday, the Federal Reserve Board released its May 2021 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining to the […]

Ag Trade: China Demand Fuels U.S. Farm Economy, as Federal Support Subsides Jun 10, 2021

🕔Jun 10, 2021
Financial Times writer Aime Williams reported on Monday that, “Donald Trump’s trade war with China left American farmers dependent on government handouts to survive. But China is now at the heart of a […]

Ag Trade: Livestock Sector in China Looks to Wheat Jun 8, 2021

🕔Jun 8, 2021
Reuters writers Hallie Gu and Gavin Maguire reported on Friday that, “China’s massive livestock sector is set to snap up millions of tonnes of wheat from the country’s winter harvest that began this […]

Ag Trade: USDA Forecasts Record Farm Exports in FY 2021 Jun 4, 2021

🕔Jun 4, 2021
On Wednesday, the USDA released its Outlook for U.S. Agricultural Trade, a quarterly report from the Department’s Foreign Agricultural Service (FAS) and Economic Research Service (ERS).  Today’s update includes highlights from […]

Ag Trade: Under USMCA, U.S. Begins Dispute Process Against Canadian Dairy Quotas May 28, 2021

🕔May 28, 2021
Wall Street Journal writer Josh Zumbrun reported on Tuesday that, “The Biden administration initiated a dispute process against the Canadian dairy industry, triggering the formal dispute mechanism of the new U.S.-Mexico-Canada Agreement for the first […]

Ag Trade: Phase One Purchases Fall Short, China Cracks Down on Commodity Inflation May 28, 2021

🕔May 28, 2021
Bloomberg writer Ailing Tan reported on Monday that, “China’s imports of American goods slowed in April, pulling back on the already incremental progress toward the purchase targets agreed with the U.S. in the 2020 trade deal. […]

Hog Prices Climb to 7 Year High, Food Inflation Variables Impact Protein Prices May 28, 2021

🕔May 28, 2021
Bloomberg writer Michael Hirtzer reported on Friday that, “America’s insatiable appetite for ribs and hot dogs pushed hog prices to the highest in nearly seven years as the summer grilling season kicks off. […]

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