Archive for June 2019

USDA Research is Driving Technological Innovation

USDA

(Salinas, California, June 28, 2019) – The U.S. Department of Agriculture (USDA) today released its annual Technology Transfer Report (PDF, 14.9 MB), which highlights innovations from scientists and researchers that are solving problems for farmers, ranchers, foresters, and producers; and creating opportunities for American businesses to thrive. Yesterday, Secretary Perdue discussed the release of the…

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Why Does the Fed Need to Cut Rates?

About the Author Erik Norland is Executive Director and Senior Economist of CME Group. He is responsible for generating economic analysis on global financial markets by identifying emerging trends, evaluating economic factors and forecasting their impact on CME Group and the company’s business strategy, and upon those who trade in its various markets. He is…

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Chad Rupe Appointed as Rural Utilities Service Administrator

USDA

WASHINGTON, D.C., June 27, 2019 – U.S. Secretary of Agriculture Sonny Perdue today released the following statement on President Donald Trump’s appointment of Chad Rupe as Administrator of the Department of Agriculture’s (USDA) Rural Utilities Service. “Chad served us well as Rural Development State Director in Wyoming for the past two years, and we are…

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USDA Farm Bill Implementation Progress Update

USDA

Release & Contact Info Press Release Release No. 0099.19 Contact: USDA PressEmail: [email protected] (Washington, D.C., June 26, 2019) — U.S. Secretary of Agriculture Sonny Perdue today announced an update on the implementation status of the 2018 Farm Bill. President Trump signed this Farm Bill into law on December 20, 2018, and the U.S. Department of…

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USDA Invests in Rural Water and Wastewater Infrastructure in 29 States

USDA

FORT LAUDERDALE, FLA., June 26, 2019 – Acting Assistant to the Secretary for Rural Development Joel Baxley today announced that USDA is investing $192 million in 71 projects located across 29 states to improve rural water infrastructure (PDF, 201 KB). “President Trump and Agriculture Secretary Perdue were very clear when they directed Rural Development to…

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Europe's Recovery Hinges on Fiscal Policy

Figure 1: Lagging but Also Improving: Eurozone Unemployment The Lowest Since 2008. As such, it’s easy to overlook Europe’s positives: unemployment hitting a 11-year low (Figure 1) and, unlike, the US and the UK, the eurozone economy is deleveraging.  It’s debt ratios (public + private) have fallen from a peak of 265% of GDP in…

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China, Brazil and the Soybean Crush

Not only do soy oil and soy meal have very different uses and prices, one is strongly influenced by economic developments in places like China and Brazil while the other is not.  Chinese growth appears to exert a strong influence on the price of soybean oil but a much weaker and even counterintuitive influence on…

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FX as a Trade War Tool?

About the Presenter Bluford “Blu” Putnam has served as Managing Director and Chief Economist of CME Group since May 2011. With more than 35 years of experience in the financial services industry and concentrations in central banking, investment research, and portfolio management, Blu serves as CME Group’s spokesperson on global economic conditions. View more reports…

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