The risk of a trade disruption for American Agriculture

Risk remains one of the salient features of commodity agriculture. We usually discuss weather or market price risk, but we also need to be mindful of policy risk. Macro-economic policy in the 1980s and more recently the Renewable Fuel Policy … Continue reading

Russia Bans U.S. Imports of Multiple Commodities: Implications for Beef and Pork

Reuters recently reported that Russia has placed a ban on numerous food products from the U.S., the European Union, Canada, Australia and non-EU member Norway. Cattle (live and feeder) and lean hog futures are sharply lower, most likely a result of … Continue reading