Policy Update
European-Asia shipping rates soar | Houthi rebels in Yemen continue to attack ships | Rerouting of cargo and tanker ships
Jones Act repeal pushed | Nippon Steel to acquire U.S. Steel | Drought slows Brazilian fertilizer demand | PARP
Odds sinking for farm bill completion in early 2024 | Shipping woes in Red Sea/Suez Canal
Senate stays in session on some progress re: Ukraine aid/border talks
USDA finally details PARP payments… and caveats
FOMC | Big changes in Argentina | Sugar tariffs | COP28 agreement… with loopholes | SAF
HPAI in Ohio ‘mega-flock,’ 8 million birds depopulated | More disaster aid in 2024 | SAF guidance | Inflation better than expected
Macy’s receives buyout bid | Commentary says ‘tariffs are for losers’ | Chinese pork prices tumbled last week
Biden to host Ukrainian president Tuesday | COP28 summit seeks U.S./China agreement
Markets scaling back rate cut expectations, move to near even in March vs being over 50% for cut in March