World Perspectives

Recent Policy Analysis

Attack on Institutions; EU CAP Divisions; Transatlantic Similarities on Refugees; Biden Farm Policy

Attack on Institutions Donald Trump campaigned in 2016 against the institutions of government and called for “draining the swamp.” Now his opponents campaigning for the 2020 contest are attacking the institutions of the private sector economy. Various candidate positions involve opp...

Trump Policy Gets Support; Friends and Neighbors

Trump Policy Gets Support Dutch Prime Minister Mark Rutte is in Washington this week and told an Atlantic Council audience that instead of fighting the Trump administration’s effort to rewrite the rules for multilateral institutions like the WTO, “we” should accept this opport...

USMCA Hope; ERS/NIFA Solution

USMCA Hope House Ways and Means Committee Chairman Richard Neal (D-Massachusetts) reportedly said that congressional Democrats do not want to delay a vote on USMCA until 2020. Separately, it was noted that the relationship between the president and Democrats is toxic, but there will still be de...

A Guess at MFP Per Acre Payments

The Office of Management Budget reported yesterday that its review of the Market Facilitation Program (MFP) trade mitigation payments is finished. However, USDA has not yet announced the payment rates. What is known is that the rates will be based on a county average of previous years’ pl...

Race to Fix Labor

U.S. agriculture utilized a quarter-million temporary migrant workers last year under the H-2A agricultural guest worker program, and it was still far from enough labor. The problem, say farmers, is that the program is slow and too complex. Even though most applications for H-2A labor are filed...

Barriers and Ag’s Future; Plurilateral Future

Barriers and Ag’s Future The Greens and other liberal groups in Europe have aligned their sights on turning European agriculture into a chemical-free, non-intensive industry. Rather than just attack from the European Parliament’s largest committee, the Environment Committee, they ha...

biofuel

Welcome and Unwelcome Biodiesel Policies Are Moving, Albeit Slowly

Two major policy issues for biodiesel are on the docket: 1) a review of the countervailing duties (CVDs) on biodiesel imports from Argentina, and 2) the retroactive extension of the biodiesel tax credit (BTC). The most likely time frame for action on either appears to be in the fourth quarter o...

The Fed’s Upcoming Decision: To Cut or Not to Cut?

The Federal Reserve looks poised to cut interest rates - or does it? This depends upon whether you consider what the Fed says it looks at – inflation and job growth – or read the minutes of its last meeting. Of course, the decision is catalyzed by the president’s jawboning the...

Charting a New Course; Economic Wake

Charting a New Course Former Vice President and now Democratic presidential candidate Joe Biden said this week that President Trump’s trade war tariffs have only hurt American businesses and consumers. However, the U.S. Federal Reserve says the trade war has contributed to a manufacturing...

Retaliation Against China; Retaliation Against Europe; SOE Concerns

Retaliation Against China The market rumor is that China is inquiring about U.S. soybeans, and it better be or else. President Trump and economic advisor Larry Kudlow have been warning that China has not been living up to a commitment to buy U.S. agricultural commodities. This is seen as a betr...

Drab WTO Reforms; Precaution or Patents

Drab WTO Reforms The U.S. has motivated other major WTO members to seek reforms for the organization, and the latest list of proposals reveals how moribund the institution can look from the outside. The U.S. proposed the most basic expectation by members – transparency. Now the EU, China...

Economic Chemistry Power; Plan B; Role of Government

Economic Chemistry Power The major powers (Europe, Russia, U.S. and China) have long used their dominant economic influence to coerce other nations into compliant policies. The U.S. has added labor and environment positions to its trade pacts ever since NAFTA in 1994. In its most recent trade a...

Attack on Institutions; EU CAP Divisions; Transatlantic Similarities on Refugees; Biden Farm Policy

Attack on Institutions Donald Trump campaigned in 2016 against the institutions of government and called for “draining the swamp.” Now his opponents campaigning for the 2020 contest are attacking the institutions of the private sector economy. Various candidate positions involve opp...

Trump Policy Gets Support; Friends and Neighbors

Trump Policy Gets Support Dutch Prime Minister Mark Rutte is in Washington this week and told an Atlantic Council audience that instead of fighting the Trump administration’s effort to rewrite the rules for multilateral institutions like the WTO, “we” should accept this opport...

USMCA Hope; ERS/NIFA Solution

USMCA Hope House Ways and Means Committee Chairman Richard Neal (D-Massachusetts) reportedly said that congressional Democrats do not want to delay a vote on USMCA until 2020. Separately, it was noted that the relationship between the president and Democrats is toxic, but there will still be de...

A Guess at MFP Per Acre Payments

The Office of Management Budget reported yesterday that its review of the Market Facilitation Program (MFP) trade mitigation payments is finished. However, USDA has not yet announced the payment rates. What is known is that the rates will be based on a county average of previous years’ pl...

Race to Fix Labor

U.S. agriculture utilized a quarter-million temporary migrant workers last year under the H-2A agricultural guest worker program, and it was still far from enough labor. The problem, say farmers, is that the program is slow and too complex. Even though most applications for H-2A labor are filed...

Barriers and Ag’s Future; Plurilateral Future

Barriers and Ag’s Future The Greens and other liberal groups in Europe have aligned their sights on turning European agriculture into a chemical-free, non-intensive industry. Rather than just attack from the European Parliament’s largest committee, the Environment Committee, they ha...

biofuel

Welcome and Unwelcome Biodiesel Policies Are Moving, Albeit Slowly

Two major policy issues for biodiesel are on the docket: 1) a review of the countervailing duties (CVDs) on biodiesel imports from Argentina, and 2) the retroactive extension of the biodiesel tax credit (BTC). The most likely time frame for action on either appears to be in the fourth quarter o...

The Fed’s Upcoming Decision: To Cut or Not to Cut?

The Federal Reserve looks poised to cut interest rates - or does it? This depends upon whether you consider what the Fed says it looks at – inflation and job growth – or read the minutes of its last meeting. Of course, the decision is catalyzed by the president’s jawboning the...

Charting a New Course; Economic Wake

Charting a New Course Former Vice President and now Democratic presidential candidate Joe Biden said this week that President Trump’s trade war tariffs have only hurt American businesses and consumers. However, the U.S. Federal Reserve says the trade war has contributed to a manufacturing...

Retaliation Against China; Retaliation Against Europe; SOE Concerns

Retaliation Against China The market rumor is that China is inquiring about U.S. soybeans, and it better be or else. President Trump and economic advisor Larry Kudlow have been warning that China has not been living up to a commitment to buy U.S. agricultural commodities. This is seen as a betr...

Drab WTO Reforms; Precaution or Patents

Drab WTO Reforms The U.S. has motivated other major WTO members to seek reforms for the organization, and the latest list of proposals reveals how moribund the institution can look from the outside. The U.S. proposed the most basic expectation by members – transparency. Now the EU, China...

Economic Chemistry Power; Plan B; Role of Government

Economic Chemistry Power The major powers (Europe, Russia, U.S. and China) have long used their dominant economic influence to coerce other nations into compliant policies. The U.S. has added labor and environment positions to its trade pacts ever since NAFTA in 1994. In its most recent trade a...

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