Global economic growth and trade have been slower in recent years, and Steven J. Davis of the University of Chicago can tell you why.
Policy Uncertainty Global economic growth and trade have been slower in recent years, and Steven J. Davis of the University of Chicago can tell you why. He found (see NBER Working Paper No. 22740) that gross domestic product (GDP) is correlated to references of uncertainty contained in newspaper headlines in 16 countries over the past 20 years. He specifically found that economic policy uncertainty has been significantly higher over the past five years than in the prior years studied. Burdening Trade Ivory tower types at the Boston University and Georgetown University conclude that global trade...
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...
