Both Democrats and Republicans in congressional hearings this week expressed disappointment that currency manipulation policy has not been made part of the negotiations on a Trans-Pacific Partnership (TPP) agreement.
Both Democrats and Republicans in congressional hearings this week expressed disappointment that currency manipulation policy has not been made part of the negotiations on a Trans-Pacific Partnership (TPP) agreement. Senate Finance Committee Chairman Orrin Hatch (R-Utah) said that the policy would be part of the Trade Promotion Authority (TPA) bill being drafted as the conduit for passing a TPP. China is not part of the TPP talks, however, and some have noted the Middle Kingdom's effort of late to push down the value of the...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
