Archive for June 2019
USDA Research is Driving Technological Innovation
(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…
Read MoreWhy 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…
Read MoreChad Rupe Appointed as Rural Utilities Service Administrator
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…
Read MoreAgriculture Secretary Sonny Perdue Kicks off the 2019 Feds Feed Families Nationwide Food Drive
WASHINGTON, June 26, 2019 – Agriculture Secretary Sonny Perdue today kicked off the 10th annual Feds Feed Families Campaign at the U.S. Department of Agriculture (USDA) headquarters in Washington D.C. The food drive is an annual event in which federal employees around the country collect food for distribution by food banks, food pantries, and shelters.…
Read MoreUSDA Farm Bill Implementation Progress Update
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…
Read MoreUSDA Invests in Rural Water and Wastewater Infrastructure in 29 States
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…
Read MoreEurope'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…
Read MoreChina, 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…
Read MoreUSDA Announces Investments in Community Facilities that will Benefit 631,000 Rural Americans
USDA Has More Than $2 Billion Still Available for Rural Communities to Build or Modernize Education, Health Care, Municipal and Public Safety Facilities WASHINGTON, June 24, 2019 – Acting Assistant to the Secretary for Rural Development Joel Baxley today announced that the U.S. Department of Agriculture (USDA) has more than $2 billion still available this…
Read MoreFX 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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