World Perspectives

Recent Policy Analysis

Trade Managed by China; India Tiptoes Reform

Trade Managed by China Australia Trade Minister Simon Birmingham said that government is looking carefully to see if the U.S. – China Phase One trade agreement is resulting in “managed trade” that is violating the rules of the WTO. Well the agreement is certainly managed trade...

biofuel feed-grains

April Ethanol Corn Crush; June Estimated Forecast

In a sign of the times, corn crushed for ethanol in April, during the peak of the COVID-19 lockdown, was down more than 44 percent from April 2019, while corn crushed for alcoholic beverages was up 12 percent from April 2019 according to USDA’s Grain Crushing and Co-Production report rele...

Parting Ways – The Strategy

The U.S. Food & Drug Administration issued its first regulatory guidance on genetically engineered crops in 1992 and by 1996 the first DNA modified seeds were going into the ground. European activists hated the idea. Called it Frankenfood and warned that the technology would lead to Armaged...

Phase One Trade Deal in the Middle of U.S. China Tensions

As protests turn to urban riots in a number of U.S. cities, the social media rhetoric from China has been ratcheted up a notch trolling the U.S., including posts from the Chinese foreign ministry drawing parallels to the U.S. position on the protests in Hong Kong. As we’ve noted previousl...

China on Imports from U.S.; Hogan’s Hero

China on Imports from U.S. The trade is said to be confused. There are conflicting reports with one stating that Beijing has ordered state-owned enterprises Cofco and Sinograin to suspend purchases of U.S. agricultural commodities with soybeans and pork mentioned, and other reports that private...

Transatlantic Split on China

The U.S. was joined by Canada, the UK and Australia in condemning China’s accession of Hong Kong, but not the EU. President Trump charged Beijing with violating its treaty commitment to an autonomous Hong Kong until 2047. He announced punitive measures, including the start of a process of...

biofuel energy feed-grains

2020 Proposed Biofuel Volume Rule Teed Up

EPA’s proposed biofuel 2021 required volume obligation (RVO) rule has been at the Office of Management and Budget (OMB) for more than two weeks (OMB received the proposal on 13 May). When it is published – assuming no changes from OMB - the expected volumes are detailed below. It i...

Governance Challenges

The EU may reach agreement on a €750 billion package of grants and loans that boasts of a “green component” to further the bloc’s contribution toward fighting climate change. That component is €30 billion, or 4 percent of the total. There is also €40 billion to...

livestock

Livestock Round Up: Meat Industry Facing World of Confusion

Yesterday’s daily cattle slaughter was 110,000 head, up 9 percent from the prior Wednesday’s kill of 101,000 head but down 17 percent from the same day last year (122,000). Daily hog slaughter was 415,000 head, up 5 percent from last week, but still down 14 percent from last year. F...

Hong Kong is Trouble; EU Mugs the FAANG’s; Kenya’s Burdens

Hong Kong is Trouble Under a requirement from Congress, U.S. Secretary of State Mike Pompeo notified that Hong Kong was no longer autonomous from China. The announcement is in response to Beijing’s imposition of national security legislation on Hong Kong this week, but it has much larger...

China Speared Then Perhaps Retaliates; Comeback Economy

China Speared Then Perhaps Retaliates Presumptive Democratic presidential nominee Joe Biden’s accusation that his rival, President Trump, has been too soft on China has launched a campaign battle focused like a laser on Beijing. The rhetoric is heated, and China has to skillfully play a r...

feed-grains soy-oilseeds wheat

CFAP Confusion and Disarray Making Headlines

Today is the day when farmers can start applying for the $16 billion in Coronavirus Food Assistance Program (CFAP) direct payments. FSA has announced that to expedite the payments, it has created a form application that applies the rates of payment to the eligible volumes that a farmer enters i...

Trade Managed by China; India Tiptoes Reform

Trade Managed by China Australia Trade Minister Simon Birmingham said that government is looking carefully to see if the U.S. – China Phase One trade agreement is resulting in “managed trade” that is violating the rules of the WTO. Well the agreement is certainly managed trade...

biofuel feed-grains

April Ethanol Corn Crush; June Estimated Forecast

In a sign of the times, corn crushed for ethanol in April, during the peak of the COVID-19 lockdown, was down more than 44 percent from April 2019, while corn crushed for alcoholic beverages was up 12 percent from April 2019 according to USDA’s Grain Crushing and Co-Production report rele...

Parting Ways – The Strategy

The U.S. Food & Drug Administration issued its first regulatory guidance on genetically engineered crops in 1992 and by 1996 the first DNA modified seeds were going into the ground. European activists hated the idea. Called it Frankenfood and warned that the technology would lead to Armaged...

Phase One Trade Deal in the Middle of U.S. China Tensions

As protests turn to urban riots in a number of U.S. cities, the social media rhetoric from China has been ratcheted up a notch trolling the U.S., including posts from the Chinese foreign ministry drawing parallels to the U.S. position on the protests in Hong Kong. As we’ve noted previousl...

China on Imports from U.S.; Hogan’s Hero

China on Imports from U.S. The trade is said to be confused. There are conflicting reports with one stating that Beijing has ordered state-owned enterprises Cofco and Sinograin to suspend purchases of U.S. agricultural commodities with soybeans and pork mentioned, and other reports that private...

Transatlantic Split on China

The U.S. was joined by Canada, the UK and Australia in condemning China’s accession of Hong Kong, but not the EU. President Trump charged Beijing with violating its treaty commitment to an autonomous Hong Kong until 2047. He announced punitive measures, including the start of a process of...

biofuel energy feed-grains

2020 Proposed Biofuel Volume Rule Teed Up

EPA’s proposed biofuel 2021 required volume obligation (RVO) rule has been at the Office of Management and Budget (OMB) for more than two weeks (OMB received the proposal on 13 May). When it is published – assuming no changes from OMB - the expected volumes are detailed below. It i...

Governance Challenges

The EU may reach agreement on a €750 billion package of grants and loans that boasts of a “green component” to further the bloc’s contribution toward fighting climate change. That component is €30 billion, or 4 percent of the total. There is also €40 billion to...

livestock

Livestock Round Up: Meat Industry Facing World of Confusion

Yesterday’s daily cattle slaughter was 110,000 head, up 9 percent from the prior Wednesday’s kill of 101,000 head but down 17 percent from the same day last year (122,000). Daily hog slaughter was 415,000 head, up 5 percent from last week, but still down 14 percent from last year. F...

Hong Kong is Trouble; EU Mugs the FAANG’s; Kenya’s Burdens

Hong Kong is Trouble Under a requirement from Congress, U.S. Secretary of State Mike Pompeo notified that Hong Kong was no longer autonomous from China. The announcement is in response to Beijing’s imposition of national security legislation on Hong Kong this week, but it has much larger...

China Speared Then Perhaps Retaliates; Comeback Economy

China Speared Then Perhaps Retaliates Presumptive Democratic presidential nominee Joe Biden’s accusation that his rival, President Trump, has been too soft on China has launched a campaign battle focused like a laser on Beijing. The rhetoric is heated, and China has to skillfully play a r...

feed-grains soy-oilseeds wheat

CFAP Confusion and Disarray Making Headlines

Today is the day when farmers can start applying for the $16 billion in Coronavirus Food Assistance Program (CFAP) direct payments. FSA has announced that to expedite the payments, it has created a form application that applies the rates of payment to the eligible volumes that a farmer enters i...

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