El Nino’s have been known to influence commodity prices

A commodity expert says history shows El Nino’s can have a positive impact on prices. The phenomenon occurs when there is abnormal warming of surface waters in the Pacific Ocean and has been known to cause extreme weather conditions. Erik Norland, senior economist at the CME Group, tells Brownfield El Nino’s have influenced trade in… Read more »

Grassley says TPP faces “difficult” road in Congress

The Obama Administration faces a big challenge in convincing Congress to ratify the Trans Pacific Partnership (TPP) trade agreement, according to Iowa Senator Chuck Grassley. “I think it’s going to be very, very difficult to get it through, based upon opposition that was expressed during the month of June when we had this up here,”… Read more »

NCBA says TPP benefits beyond Japan

The National Cattlemen’s Beef Association says the Trans Pacific Partnership (TPP) will not only help the U.S. beef industry with its largest export market, Japan, but will encourage other countries to come on board with the 12-nation agreement. “The additional countries who may come on in a few years which are also growing economies in… Read more »

It appears little change for dairy in TPP

It appears there is minimal movement in dairy policy in the Trans Pacific Partnership trade deal announced Monday. Dairy was one of the main sticking points in the negotiations as the U.S. wanted more access to the Canadian market before granting New Zealand more access to the U.S. market. The Canadian government says the deal… Read more »

NCC hopes for Canadian access in TPP deal

The National Chicken Council (NCC) says it hopes there’s good news about Canada in the just-announced final agreement of the Trans Pacific Partnership (TPP). Council spokesman Tom Super tells Brownfield Ag News they hope the “long-protected” Canadian market will be opened to free trade for poultry which he says would be a win for U.S…. Read more »

Ag groups react to agreement on TPP

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  Trans Pacific Partnership (TPP) negotiators have reached agreement on the 12-nation free trade pact. Although specific details have not been released, Nick Giordano with the National Pork Producers Council tells Brownfield he’s confident it will be a good deal for pork producers. “NPPC will be looking the deal over very closely before we determine… Read more »

Agreement reached on TPP trade deal

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Several news outlets are reporting that Trans Pacific Partnership (TPP) negotiators have reached agreement on the controversial free-trade pact. The U.S. Trade Representative’s office said a news conference would take place this morning to discuss the accord. The agreement still faces what is likely to be a contentious battle for ratification by the U.S. Congress. Lawmakers… Read more »

TPP talks drag on

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The Trans Pacific Partnership trade talks continued through the weekend in Atlanta and there were reports late Sunday evening that negotiators had reached an agreement “in principle”. However, other news sources reported that the talks were now being extended in Monday, indicating some issues remained unresolved. Dairy continued to be one of the final sticking points… Read more »

Ag prof analyzes Syngenta ruling

A federal court ruling on the case against Syngenta has been analyzed by an agricultural law professor. Bryan Endres, associate arofessor of Agricultural Law with the University of Illinois, says it was the first substantive ruling by a court on some of the legal issues based on Syngenta’s order to dismiss the case. Endres tells Brownfield Ag News, “Syngenta… Read more »

Slightly higher pork supplies in 2016

An ag economist says the pork industry will see slightly higher supplies in 2016. Purdue’s Chris Hurt says the industry is estimating a 1 percent increase for next year.  “The Porcine Epidemic Diarrhea virus was the big event for pork supplies a year ago in 2014 but we’ve largely worked through that and returned largely… Read more »