Double Exposure; New Old Era
Double Exposure In a concept paper yesterday at the WTO, the U.S. outlined its lessons from the pandemic in terms of a more resilient planet. Notably missing from the report was any mention of the TRIPS agreement hindering vaccinations against disease. The reason for its absence is the mounting...
Missing Energy Diversity
The theme of the pandemic has been the need for reshoring and diversification of supply chains to strengthen future resilience from such black swan events. Europe has done a better job than the U.S. in diversifying its major sources of energy and yet it is now more burdened by the current spike...
Reap What You Sow; Energy Poverty; Deadly Food
Reap What you Sow French President Emmanuel Macron withdrew his ambassadors to the U.S. and Australia over the shift of a submarine purchase from his country to Britain and America. He is reportedly livid that such a commercial loss could occur as he seeks re-election. Yet he supports a special...
Methane and Climate Policies Ag Focus before U.N. Climate Meeting
There was a lot of activity last week in preparation for the upcoming United Nations climate meeting to be held in Glasgow, including a new U.S.-EU methane reduction agreement outline and a discussion among the G20 ag ministers about climate and ag policies. First, on Saturday, the U.S. and EU...
European Market Analysis
Milling Wheat World wheat markets are steady/higher this week after futures markets rallied despite the September WASDE’s addition of 4 MMT to world ending stocks. There was a sense that wheat futures were oversold heading into the report and a round of short covering and end-user b...
Subs and Trade; International Tyranny; ESG Green Washing
Subs and Trade China has applied for membership to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a move that should require the Biden Administration to reevaluate its reluctance to join the trade agreement. Beijing made the application on the same day it joi...
Individual Action; AMR for Everyone
Individual Action An anti-animal agriculture group falsely calling itself Americans For Family Farmers is promoting legislation entitled Exposing Agricultural Trade Suppression Act (EATS Act). While ultimately focused on banning concentrated animal feeding operations (CAFO’s) and stopping...
Food to Follow Fossil Fuels
The strategy in Europe and now developing in the U.S. is to replace fossil fuels with new green energy. Europe also wants to replace food produced using chemicals with green production approaches. At this juncture, coal and natural gas prices have doubled this year and are up 250 percent from a...
FOB Prices and Freight Rate App (Updated 14 September)
Ocean Freight Comments - 9 September 2021 By Jay O'Neil Commodity Consulting It was another bumpy week for dry-bulk markets, and it was mostly a seller’s game for the first half of the week. Late Thursday, markets started to see seeing some buying interest return and experienced a partial...
Interactive Ocean Freight Rates (Updated 14 September)
Ocean Freight Comments - 9 September 2021 By Jay O'Neil Commodity Consulting It was another bumpy week for dry-bulk markets, and it was mostly a seller’s game for the first half of the week. Late Thursday, markets started to see seeing some buying interest return and experienced a par...
European Market Analysis
Regional News Morocco is rumored to be suspending its import duty on soft wheat starting 1 November to ensure sufficient domestic supply and maintain low consumer prices. Morocco currently applies a 135 percent import tariff to protect its domestic producers, though traders say domestic p...
Sino-American Similarities; Business Flips; Cost of Dependency
Sino-American Similarities While China and the U.S. are in a competitive battle both strategically and economically, there are many similarities between the two countries. The rich are the target of Chinese President Xi Jinping’s campaign for “common prosperity” and the goal o...
Double Exposure; New Old Era
Double Exposure In a concept paper yesterday at the WTO, the U.S. outlined its lessons from the pandemic in terms of a more resilient planet. Notably missing from the report was any mention of the TRIPS agreement hindering vaccinations against disease. The reason for its absence is the mounting...
Missing Energy Diversity
The theme of the pandemic has been the need for reshoring and diversification of supply chains to strengthen future resilience from such black swan events. Europe has done a better job than the U.S. in diversifying its major sources of energy and yet it is now more burdened by the current spike...
Reap What You Sow; Energy Poverty; Deadly Food
Reap What you Sow French President Emmanuel Macron withdrew his ambassadors to the U.S. and Australia over the shift of a submarine purchase from his country to Britain and America. He is reportedly livid that such a commercial loss could occur as he seeks re-election. Yet he supports a special...
Methane and Climate Policies Ag Focus before U.N. Climate Meeting
There was a lot of activity last week in preparation for the upcoming United Nations climate meeting to be held in Glasgow, including a new U.S.-EU methane reduction agreement outline and a discussion among the G20 ag ministers about climate and ag policies. First, on Saturday, the U.S. and EU...
European Market Analysis
Milling Wheat World wheat markets are steady/higher this week after futures markets rallied despite the September WASDE’s addition of 4 MMT to world ending stocks. There was a sense that wheat futures were oversold heading into the report and a round of short covering and end-user b...
Subs and Trade; International Tyranny; ESG Green Washing
Subs and Trade China has applied for membership to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a move that should require the Biden Administration to reevaluate its reluctance to join the trade agreement. Beijing made the application on the same day it joi...
Individual Action; AMR for Everyone
Individual Action An anti-animal agriculture group falsely calling itself Americans For Family Farmers is promoting legislation entitled Exposing Agricultural Trade Suppression Act (EATS Act). While ultimately focused on banning concentrated animal feeding operations (CAFO’s) and stopping...
Food to Follow Fossil Fuels
The strategy in Europe and now developing in the U.S. is to replace fossil fuels with new green energy. Europe also wants to replace food produced using chemicals with green production approaches. At this juncture, coal and natural gas prices have doubled this year and are up 250 percent from a...
FOB Prices and Freight Rate App (Updated 14 September)
Ocean Freight Comments - 9 September 2021 By Jay O'Neil Commodity Consulting It was another bumpy week for dry-bulk markets, and it was mostly a seller’s game for the first half of the week. Late Thursday, markets started to see seeing some buying interest return and experienced a partial...
Interactive Ocean Freight Rates (Updated 14 September)
Ocean Freight Comments - 9 September 2021 By Jay O'Neil Commodity Consulting It was another bumpy week for dry-bulk markets, and it was mostly a seller’s game for the first half of the week. Late Thursday, markets started to see seeing some buying interest return and experienced a par...
European Market Analysis
Regional News Morocco is rumored to be suspending its import duty on soft wheat starting 1 November to ensure sufficient domestic supply and maintain low consumer prices. Morocco currently applies a 135 percent import tariff to protect its domestic producers, though traders say domestic p...
Sino-American Similarities; Business Flips; Cost of Dependency
Sino-American Similarities While China and the U.S. are in a competitive battle both strategically and economically, there are many similarities between the two countries. The rich are the target of Chinese President Xi Jinping’s campaign for “common prosperity” and the goal o...