Trade officials in Brussels and Washington signaled the go-ahead to resume negotiations on a Transatlantic Trade and Investment Partnership (TTIP) agreement. However, the latest proposal out of Europe has been panned by U.S. business groups.
Trade Advantage: EU The U.S. dollar has gained about 17 percent in value versus the euro over the past year, and if exchange rates are determinative, they've had a tremendous impact on trade. The EU was a much larger supplier of food to Russia than the U.S. before Moscow's embargo, and yet it is the U.S. agricultural trade balance that has been most adversely affected. Europe's food sales to Russia are down 43 percent, but America's are off 65 percent. And while the EU instituted compensatory meas...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
