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“I’ve said repeatedly this is not a 10-minute process,” Commerce Secretary Wilbur Ross told Fox Business on Wednesday. “This is a long, involved process.”
Policy
Trump and Xi Are Struggling to Find Path Forward in Trade Talks
Both sides have different views on what was promised in Osaka
November 16, 2020 11:20 PM
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Bloomberg News
“The new U.S. farm subsidy package will throw a dark shadow over efforts to negotiate fairer WTO rules,” Jonathan Hepburn, a Geneva-based independent policy analyst, said in an interview.
Policy
Trump’s $16 Billion Farm Bailout Criticized at the WTO
The European Union joined China and five other WTO members in criticizing the Trump administration’s $16 billion assistance program for U.S. farmers, indicating the bailout may violate international rules.
November 16, 2020 11:20 PM
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Bloomberg News
“In my view, this has accentuated the impact of price-trend followers in the market,” Allen said. “These days there are very few long-term investors holding positions based on a specific view on the commodities.”
Corn
Grain Prices Dragged by Algos, U.S.-China Spat, JPMorgan Says
Lack of longer-term investors imperils crop markets, bank says
November 16, 2020 09:07 PM
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Bloomberg News
It’s the largest jury award in the U.S. so far this year and the eighth-largest ever in a product-defect claim, according to data compiled by Bloomberg.
Crop Production
Bayer Jury Awards $2 Billion Damages in Third Roundup Trial
Bayer AG was ordered to pay more than $2 billion in damages to a California couple that claimed they got cancer as a result of using the company’s Roundup weedkiller for about 30 years.
November 15, 2020 12:00 PM
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Bloomberg News