On Thursday the U.S. Senate overwhelmingly ratified the U.S.-Mexico-Canada Agreement (USMCA), an update to the 90’s-era NAFTA deal. The new pact is largely similar to NAFTA but has some key provisions to support U.S. auto…
Author: AmyB
More Corn and Soybeans than Expected
The USDA’s January report, issued midday Friday, has been long-awaited as a final tally on 2019’s tumultuous crop year. While many market watchers were anticipating another cut to the estimates of the 2019 harvests of…
2020 – Bigger Harvests?
Since global grain prices rebounded during 2019, market watchers are expecting farmers to plant more aggressively in 2020. Many are estimating record-breaking global corn and soybean crops, while wheat production could drop only slightly due…
U.S. Mexico Canada Trade Deal Closer
Just a day after a raucous and divisive impeachment vote, the U.S. House of Representatives overwhelmingly passed a bipartisan vote to approve the updated NAFTA deal. Dubbed the “USMCA,” the new trade agreement is being…