Latest News From Jim Wiesemeyer

Early 2024 International Focus: China, Israel, Ukraine, Iran/Houthi Rebels
Early 2024 International Focus: China, Israel, Ukraine, Iran/Houthi Rebels

Employment report | FAO food price index | SEC and bitcoin | Key events in 2024

Impacts Mount from Red Sea Shipping End-Arounds
Impacts Mount from Red Sea Shipping End-Arounds

Biden extends suspension of Trump-era tariffs on European steel and aluminum | Mexican and U.S. officials announce border collaboration

Whatever Happened to Black Sea Trade Agreement?
Whatever Happened to Black Sea Trade Agreement?

Dollar faces backlash in oil market | SPR update | Beer sales plummet | Internet of cows

Michigan Supreme Court Keeps Trump on 2024 Primary Ballot
Michigan Supreme Court Keeps Trump on 2024 Primary Ballot

Biden admin officials in Mexico re: border issues

China Clears Licenses for GMO Corn and Soybean Production
China Clears Licenses for GMO Corn and Soybean Production

Xi says Taiwan reunification will ‘surely’ happen | Massachusetts seeks dismissal of Q3 animal welfare law challenge

U.S. Airstrikes in Iraq Target Kataib Hezbollah After Attack on U.S. Troops
U.S. Airstrikes in Iraq Target Kataib Hezbollah After Attack on U.S. Troops

Congress on holiday break | U.S. railroad crossings at the Mexico border reopened

PCE Inflation Slows More Than Expected; 3.2% Annual Rate in November
PCE Inflation Slows More Than Expected; 3.2% Annual Rate in November

Exclusive AgriTalk Q&A with presidential hopeful Ron DeSantis

USDA Sees Food Price Inflation at 1.2% in 2024 for All Foods, Down From 2.9% in November
USDA Sees Food Price Inflation at 1.2% in 2024 for All Foods, Down From 2.9% in November

Restaurant prices expected to increase 4.9%, up from 4.3% in November

What Xi Told Biden About Taiwan at San Francisco Confab
What Xi Told Biden About Taiwan at San Francisco Confab

Trump barred from Colorado’s 2024 ballot | Ag, rail groups push to reopen U.S./Mexico bridges | EPA allows chlorpyrifos use

Shipping Crisis in Red Sea Threatens World Trade
Shipping Crisis in Red Sea Threatens World Trade

European-Asia shipping rates soar | Houthi rebels in Yemen continue to attack ships | Rerouting of cargo and tanker ships

More Companies Announce Halt to Shipments Passing Through Red Sea
More Companies Announce Halt to Shipments Passing Through Red Sea

Jones Act repeal pushed | Nippon Steel to acquire U.S. Steel | Drought slows Brazilian fertilizer demand | PARP

Senate Negotiators Fail to Reach Agreement on Border/Ukraine Aid Talks
Senate Negotiators Fail to Reach Agreement on Border/Ukraine Aid Talks

Odds sinking for farm bill completion in early 2024 | Shipping woes in Red Sea/Suez Canal

Biden Administration Sets Use of GREET Model for SAF Credits, Full Details in March
Biden Administration Sets Use of GREET Model for SAF Credits, Full Details in March

Senate stays in session on some progress re: Ukraine aid/border talks

Ethanol Plant
Updated GREET model to be used for SAF credits

The Biden administration will use the GREET model for determining SAF credits, but will update the methodology by March 1.

House Select Panel on China Issues Recommendations; Trade War is Possible Ahead
House Select Panel on China Issues Recommendations; Trade War is Possible Ahead

FOMC | Big changes in Argentina | Sugar tariffs | COP28 agreement… with loopholes | SAF

U.S. Farm Groups Fret Possible House Move Against China Will Impact Ag Trade Ahead
U.S. Farm Groups Fret Possible House Move Against China Will Impact Ag Trade Ahead

HPAI in Ohio 'mega-flock,' 8 million birds depopulated | More disaster aid in 2024 | SAF guidance | Inflation better than expected

Vilsack Reveals Final COP28 Declaration Will Not Focus on Agriculture and Food
Vilsack Reveals Final COP28 Declaration Will Not Focus on Agriculture and Food

Macy’s receives buyout bid | Commentary says ‘tariffs are for losers’ | Chinese pork prices tumbled last week

Slowdown in New Farm Bill Negotiations Part of End-of-Year List of Things Not Done
Slowdown in New Farm Bill Negotiations Part of End-of-Year List of Things Not Done

Biden to host Ukrainian president Tuesday | COP28 summit seeks U.S./China agreement

Labor Market Added 199,000 Jobs in November as Unemployment Rate Hits 3.7%
Labor Market Added 199,000 Jobs in November as Unemployment Rate Hits 3.7%

Markets scaling back rate cut expectations, move to near even in March vs being over 50% for cut in March

USDA May Face Court Challenge in Its Implementation of ERP for 2022 Losses
USDA May Face Court Challenge in Its Implementation of ERP for 2022 Losses

Biden administration regulatory agenda has some surprising omissions re: RFS

Biden Says He Might Not Have Sought Re-election If Trump Weren’t Running
Biden Says He Might Not Have Sought Re-election If Trump Weren’t Running

G.T. Thompson diagnosed with prostate cancer | More U.S. SRW wheat, soybean sales to China

Moody’s Cuts China’s Credit Outlook to Negative, Citing Risks from Burgeoning Gov’t Debt
Moody’s Cuts China’s Credit Outlook to Negative, Citing Risks from Burgeoning Gov’t Debt

Another 198,000 metric tons of U.S. SRW wheat for delivery to China

Lawmaker, Other Attacks on U.S. Ag Sector Part of Ideology, Not Budget Savings
Lawmaker, Other Attacks on U.S. Ag Sector Part of Ideology, Not Budget Savings

China buys 440,00 MT U.S. SRW wheat | USDA announces other daily export sales

American Warship and Two Commercial Vessels Attacked in Red Sea Sunday
American Warship and Two Commercial Vessels Attacked in Red Sea Sunday

Friday: Employment & USDA reports | COP28 summit | Supplemental spending/border talks

Seven-Day Truce Between Hamas and Israel Comes to Abrupt End
Seven-Day Truce Between Hamas and Israel Comes to Abrupt End

Sandra Day O’Connor dies at 93 | Vote to expel Rep. Santos | Record U.S. ag trade deficit

U.S. PCE Index Shows No Change, Weakest Since July 2022
U.S. PCE Index Shows No Change, Weakest Since July 2022

As EU/Mercosur near closing trade deal, U.S. ag sector anxiety increases re: trade policy

USDA Extends NSIS Trial for Pork Industry by 90 Days
USDA Extends NSIS Trial for Pork Industry by 90 Days

ERP for 2022 ‘suspended’, applications being taken but processing of payments on hold

USDA Timing on PARP Payments Has Tax Implications
USDA Timing on PARP Payments Has Tax Implications

Farm, biofuels coalition responds to Fifth Circuit RFS exemptions decision

Biden Decides Not to Attend COP28 in Dubai as Israel-Hamas War Takes Focus
Biden Decides Not to Attend COP28 in Dubai as Israel-Hamas War Takes Focus

Israel-Hamas cease fire will likely be extended several days and oil is falling as a result

Trial Allowing Faster Pork Processing Line Speeds Ends Nov. 30
Trial Allowing Faster Pork Processing Line Speeds Ends Nov. 30

OECD economic outlook | COP28 | Hostages released | Farm income & ag trade forecasts

U.S. Complaint Over Canadian Dairy Access Nixed by USMCA Panel
U.S. Complaint Over Canadian Dairy Access Nixed by USMCA Panel

White House stalls E15 expansion plans | Black Friday key test of consumers | China’s economy

U.S. complaint over Canadian dairy access rejected by USMCA panel
U.S. complaint over Canadian dairy access rejected by USMCA panel

A USMCA trade dispute settlement panel rejected a complaint filed by the United States against Canada pertaining to Ottawa's alleged improper limitation of access to its dairy market.

Deere Reports Disappointing Results, Another Indication of Downturn in U.S. Ag Sector
Deere Reports Disappointing Results, Another Indication of Downturn in U.S. Ag Sector

Gaza hostage deal | Altman returns to OpenAI | Ag bankers report lower incomes and cautious outlook

U.S. Economic Indicator Flashes Red; LEI Drops Further
U.S. Economic Indicator Flashes Red; LEI Drops Further

Cold snap in Europe | EPA and eRINs | Busy holiday travel | Existing home sales plummet

EPA Proposals on ESA Commitments Worry U.S. Soybean Farmers
EPA Proposals on ESA Commitments Worry U.S. Soybean Farmers

Milei elected president of Argentina | Bayer woes continue | Dollar at 11-week low

Congress on Holiday Break but Similar Unresolved Issues Confront in Early 2024
Congress on Holiday Break but Similar Unresolved Issues Confront in Early 2024

Rosalynn Carter dies at age 96 | Libertarian Milei set to win Argentina’s presidency

Biden Signs Stopgap Spending Bill but Contentious Issues Remain Unresolved
Biden Signs Stopgap Spending Bill but Contentious Issues Remain Unresolved

Vilsack says to tap CCC for more farm bill funding, talks about trade policy at NAFB event

Biden and Xi Try to Stabilize Shaky Relations, Announce Several Agreements
Biden and Xi Try to Stabilize Shaky Relations, Announce Several Agreements

Senate clears CR and President Biden expected to sign it into law

President Biden Meets Chinese Leader Xi: What May Occur
President Biden Meets Chinese Leader Xi: What May Occur

Details of ag-related provisions in House-passed continuing resolution

Congress passes two-tier stopgap spending measure
Congress passes two-tier stopgap spending measure

The two-step continuing resolution is expected to clear the Senate, pushing the deadline for a full spending measure to January or February.

U.S. Inflation Eases More Than Expected in October on Falling Gasoline and Used Car Prices
U.S. Inflation Eases More Than Expected in October on Falling Gasoline and Used Car Prices

Johnson to consider two-step CR under suspension of the rules

House GOP Budget Plan Includes 2018 Farm Bill Extension, Funding for ‘Orphan’ Programs
House GOP Budget Plan Includes 2018 Farm Bill Extension, Funding for ‘Orphan’ Programs

Scott suspends presidential campaign | China buys more U.S. soybeans | Japanese yen at 1-year low

Biden/Xi Meet Wednesday in S.F. with Military, Iran, Economic Issues High on Agenda
Biden/Xi Meet Wednesday in S.F. with Military, Iran, Economic Issues High on Agenda

House GOP offers two-step plan to fund gov’t; 2018 Farm Bill, orphan programs extended

Update on PARP: Program Overprescribed, Payments by End of CR (Nov. 17)
Update on PARP: Program Overprescribed, Payments by End of CR (Nov. 17)

Fed chair Powell: ‘We’re trying to make a judgment at this point whether we need to do more’

Thompson Switch: New Farm Bill Before House Not Until January ‘At the Earliest’
Thompson Switch: New Farm Bill Before House Not Until January ‘At the Earliest’

CR issues unresolved | Yellen meets Chinese counterpart | Brazil soybeans | Electric grid

GOP Underperforms Again as Dems Use Abortion, Turnout to Win Marquee 2023 Elections
GOP Underperforms Again as Dems Use Abortion, Turnout to Win Marquee 2023 Elections

House censures Rep. Tlaib | U.S. ag trade deficit | More HPAI in Iowa | CR, Ukraine aid differences

“GT” Thompson Now Supports One-Year Farm Bill Extension, But Still Wants New Bill
“GT” Thompson Now Supports One-Year Farm Bill Extension, But Still Wants New Bill

Falling pork prices may push China back into deflation | IMF boosts China’s GDP forecasts

Passing New Farm Bill in Congress Facing Insurmountable Near-term Challenges
Passing New Farm Bill in Congress Facing Insurmountable Near-term Challenges

House GOP leaders still mulling options for stopgap spending bill to avoid gov’t shutdown

GOP Push for Immigration/Border Policy Changes Impacting Key Legislation
GOP Push for Immigration/Border Policy Changes Impacting Key Legislation

2018 Farm Bill extension | USDA reports | NYT poll: Trump over Biden in key states