California’s Commodity Creation: Water

Last week in California, water became a commodity crop. And like many resources with a supply- and demand-strained relationship, water found its way to a futures contract. Investors across the globe now have access to the CME exchange where they can buy and sell the...
Ag Around The World

Ag Around The World

European Union: Britain Says Go Fish…Somewhere Else Britain will lock down its exclusive economic fishing waters to its EU step-siblings if no Brexit trade deal is reached by year-end. The nautical ‘gates’ will cut off non-British commercial fishermen who wade...
USMCA: Drama in the Dairy Department

USMCA: Drama in the Dairy Department

The U.S. dairy industry isn’t feelin’ the love these days from its neighbor to the North. Dairy tariff-rate quotas – or TRQs – are the center of contention. Under the USMCA, which replaced NAFTA in July, Canada had pinky-promised to grow its TRQs. By...
The China Pork Playbook

The China Pork Playbook

Go big or go home: the mantra of China’s top pig producer.Muyuan Foods is building the largest single site hog farm in the world. After African Swine Fever [ASF] demolished China’s pig population and sent pork prices to double their previous record, Muyuan is banking...
He’s Baaack

He’s Baaack

In a surprising yet recognizable turn of events, a familiar face will be taking back the reins of the USDA in January. Reports confirm that President-elect Joe Biden has all but finalized his pick for Secretary of Agriculture to be former Secretary of Agriculture Tom...