Now the worry shifts to wars and attacks on two democracies (Ukraine and Israel), whether or not deficit spending by China can help regain its economic momentum, and risk of a U.S. government shutdown on November 17.
The situation in the Middle East remains fluid and complex regarding the long-term implications for global economies in general and the energy sector in particular given Iran’s involvement.
We are closely monitoring the phosphate complex as the U.S. Department of Commerce could finalize a new 53% countervailing duty (CVD) on phosphate fertilizers from Russia by October 31, 2023.
As labor shortages persist and extreme weather drives up property insurance costs, Ken Zuckerberg encourages agribusinesses to start asking the hard questions today.
Economic data has looked good–are we out of the woods? The answer to that question requires the “Hole” truth as is Jackson Hole, the location of the Federal Reserve’s annual confab taking place there this week.