EU

In his second day in office, President Donald Trump aimed at China and the European Union with tariff threats.  This all came just a day after putting Canada and Mexico in the tariff bullseye.   According to Bloomberg, White House officials are discussing a 10% tariff on China, based on "the fact they’re sending fentanyl to the U.S. through Mexico an...

The European Parliament recently approved a one-year delay to regulations that would require importers of beef and other goods to show their products are not linked to deforestation.  The law was slated to go into effect at the end of the year, but as U.S. M...

Typically, this time of year is lighter, and even a little slower in the world of business and economics, as many of us prepare for the holidays and the end of the year.  But that is not necessarily the case when it comes to oil prices and fuel prices.  Patrick...

The USDA’s monthly wheat outlook shows an expected jump in export forecasts because of weaker exports from Russia and the European Union.  Wheat shipments will total 850 million bushels in the 2024-2025 marketing year that ends on May 31st.  That’s up fro...

Earlier this month, the European Union reached an agreement with Brazil, Argentina, and the three other nations that make up the Mercosur trade alliance.  Even as France says it will push the controversial trade deal off course, the agreement ends 25 years’ worth of negotiations.  If appro...

A slight adjustment down in U.S. wheat production is just one of several contributors to lower global wheat production forecast in October.   “Down 2.8 million tons to 794.1 million tons, but that’ll still be a record high production," noted USDA World Agricultural Outlook Board chair Mark Jekanowski.  So, what does that ...

Wheat growers across Europe have dealt with some unpleasant weather this year, and because of that, the USDA has lowed its projections for EU wheat production.  But despite that drop, :"when you add it all up across all of the major producers, we're looking at record large global production,” noted USDA Outlook chairman Mark Jekanowski.  He added that...

The Consortium for Common Food Names, National Milk Producers Federation, and the U.S. Dairy Export Council hailed the passage into law of commitments by the Chilean Nation regarding U.S. exports.  The commitments safeguard the rights of U.S. cheese...

A report released last week by the president of the European Union suggests that “the EU should undertake a major overhaul of its Common Agricultural Policy to subsidise farmers based on their income rather than the size of their farms.” The...

With many investors confident that the worst of the banking situation is behind us, oil prices are moving higher.  West Texas Crude prices increased roughly $4 in the past week, trading in the low-to-mid $70 per barrel range, which means gasoline prices are likely not far behind before moving up.  Despite...