World Perspectives

Recent Macroeconomics Analysis

Misleading Farm Statistics; Regulatory Loophole; Plurilateral Solution in Geneva

Misleading Farm Statistics Jonathan Kanter, the Biden Administration’s Assistant Attorney General overseeing the Antitrust Division, told the New York Bar Association that he intends to “reinvigorate” the Justice Department’s antitrust law enforcement. His “All-of-...

Fossil Fuel Foibles; Broken Mirrors; Biden on Asia; Threats on the Farm

Fossil Fuel Foibles Fossil fuels and agriculture are highly integrated, including via fuel, chemical inputs, and commodity fund valuations. Thus, it is important to watch climate campaigners attempting to use regulatory approaches toward reducing U.S. carbon emissions. Biden Administration appo...

Problem Off the Farm

COVID revealed the raw underbelly of the U.S. food manufacturing industry. While politicians are blaming consolidation and greed for the disrupted supply chain and skyrocketing food inflation, the industry’s problems are far more complex than the sound bites produced in Washington. In sum...

WTF Trade Policy; Transatlanticism

WTF Trade Policy USTR Katherine Tai spoke to other leaders at the World Economic Forum this week and made the following comments: Rather than seeking a return to the pre-pandemic global trading system, the goal should be to create a better one that reflects President Biden’s “worke...

Chemical Wars; Agriculture Not Industry; Meat Concession?; Western Unity; NIMBY Ag

Chemical Wars Falling in line with President Andres Manuel Lopez Obrador’s order to end the use of glyphosate in 2024, Mexico’s National Council of Science and Technology (CONACYT) has advised halving the maximum import quota to 8.26 kilograms of the herbicide in formulated form and...

livestock

Subsidizing Poor Governance; GMO Pork; Trees for Grass

Subsidizing Poor Governance Development assistance goes to some very needy nations, but it may also enable corrupt political regimes to persevere when they should collapse. Afghanistan receives aid despite control by the Taliban, which banned women from governing positions and abolished the Min...

On the Cusp of?

Nothing is more important to commodity markets than the larger economy. First, the U.S. economy was headed toward secular stagnation, then it was worrisome inflation, and now it is at worst an impending recession, and at best confusion.  The Federal Reserve had been on track for what had b...

WFH Productivity; USMCA Rift

WFH Productivity There have been plenty of studies about the impacts on productivity of work from home (WFH) during COVID. They usually show mixed results depending on the work, the company and the employee’s personal situation. An informal look at the federal government during WFH has a...

Inflation Whiff; Indian Scraps; Capitol Coup

Inflation Whiff Kiev is not just battling a Russian-led insurrection in the Donbas but is also trying to fight food inflation, which hit 11.3 percent in 2021 and 13.3 percent in December alone. Its solution is price controls, limiting the margin earned on trading major food products to 10 perce...

Workers of World United

The analytics company CultureX says that people are more likely to quit their jobs due to a toxic workplace culture than due to their salary. That may be true but a Bain & Company survey of 20,000 workers in ten countries found that compensation was the number one issue for employees. This...

What’s in a Name; Going Industrial; New Analytical Approach

What’s in a Name Proponents of geographic indicators in Europe are upset that DG-Agri may be planning to hand over more regulatory oversight of the GI scheme to the EU’s Intellectual Property Office (EUIPO). GIs already carry intellectual property protection, but some fear the EUIPO...

livestock

Fake Pork Trade; Humoring Russia

Fake Pork Trade USTR Katherine Tai announced that bilateral negotiations had resulted in India opening its market to imports of U.S. pork. This past year, Americans bought on average $21 apiece worth of food from India. By contrast, U.S. agricultural exports to India totaled the equivalent of $...

Misleading Farm Statistics; Regulatory Loophole; Plurilateral Solution in Geneva

Misleading Farm Statistics Jonathan Kanter, the Biden Administration’s Assistant Attorney General overseeing the Antitrust Division, told the New York Bar Association that he intends to “reinvigorate” the Justice Department’s antitrust law enforcement. His “All-of-...

Fossil Fuel Foibles; Broken Mirrors; Biden on Asia; Threats on the Farm

Fossil Fuel Foibles Fossil fuels and agriculture are highly integrated, including via fuel, chemical inputs, and commodity fund valuations. Thus, it is important to watch climate campaigners attempting to use regulatory approaches toward reducing U.S. carbon emissions. Biden Administration appo...

Problem Off the Farm

COVID revealed the raw underbelly of the U.S. food manufacturing industry. While politicians are blaming consolidation and greed for the disrupted supply chain and skyrocketing food inflation, the industry’s problems are far more complex than the sound bites produced in Washington. In sum...

WTF Trade Policy; Transatlanticism

WTF Trade Policy USTR Katherine Tai spoke to other leaders at the World Economic Forum this week and made the following comments: Rather than seeking a return to the pre-pandemic global trading system, the goal should be to create a better one that reflects President Biden’s “worke...

Chemical Wars; Agriculture Not Industry; Meat Concession?; Western Unity; NIMBY Ag

Chemical Wars Falling in line with President Andres Manuel Lopez Obrador’s order to end the use of glyphosate in 2024, Mexico’s National Council of Science and Technology (CONACYT) has advised halving the maximum import quota to 8.26 kilograms of the herbicide in formulated form and...

livestock

Subsidizing Poor Governance; GMO Pork; Trees for Grass

Subsidizing Poor Governance Development assistance goes to some very needy nations, but it may also enable corrupt political regimes to persevere when they should collapse. Afghanistan receives aid despite control by the Taliban, which banned women from governing positions and abolished the Min...

On the Cusp of?

Nothing is more important to commodity markets than the larger economy. First, the U.S. economy was headed toward secular stagnation, then it was worrisome inflation, and now it is at worst an impending recession, and at best confusion.  The Federal Reserve had been on track for what had b...

WFH Productivity; USMCA Rift

WFH Productivity There have been plenty of studies about the impacts on productivity of work from home (WFH) during COVID. They usually show mixed results depending on the work, the company and the employee’s personal situation. An informal look at the federal government during WFH has a...

Inflation Whiff; Indian Scraps; Capitol Coup

Inflation Whiff Kiev is not just battling a Russian-led insurrection in the Donbas but is also trying to fight food inflation, which hit 11.3 percent in 2021 and 13.3 percent in December alone. Its solution is price controls, limiting the margin earned on trading major food products to 10 perce...

Workers of World United

The analytics company CultureX says that people are more likely to quit their jobs due to a toxic workplace culture than due to their salary. That may be true but a Bain & Company survey of 20,000 workers in ten countries found that compensation was the number one issue for employees. This...

What’s in a Name; Going Industrial; New Analytical Approach

What’s in a Name Proponents of geographic indicators in Europe are upset that DG-Agri may be planning to hand over more regulatory oversight of the GI scheme to the EU’s Intellectual Property Office (EUIPO). GIs already carry intellectual property protection, but some fear the EUIPO...

livestock

Fake Pork Trade; Humoring Russia

Fake Pork Trade USTR Katherine Tai announced that bilateral negotiations had resulted in India opening its market to imports of U.S. pork. This past year, Americans bought on average $21 apiece worth of food from India. By contrast, U.S. agricultural exports to India totaled the equivalent of $...

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