China Falls Below Target

As of the end of May 2020, China has only purchased 19% of the $170 billion worth of U.S. goods that would agreed upon in the Phase One Trade Agreement. This means that in order for China to uphold their end of the deal, they will need to purchase approximately $139 billion worth of goods by the end of the year.

More Advocacy Issues

Yesterday, the Commodity Futures Trading Commission’s (CFTC) Agriculture Advisory Committee, led by CFTC Chairman Rostin Behnam, held a meeting to discuss three main topics: futures margining and the agricultural markets, the impact of Russian-Ukrainian war on wheat futures prices, and global events impact on the futures market. ACSA President and CEO Buddy Allen took the […]

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Yesterday, the Senate Banking, Housing and Urban Affairs Committee held a hearing on “AnnualOversight of Wall Street Firms,” which centered around the Basel III Endgame Proposal. ACSA recently signed onto a letter stating our opposition to the proposal. Republican Members and witnesses alike generally stated that the proposal’s capital requirement increases will create a burdensome […]

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Below, Delta Strategy Group shared an overview on where things stands in Washington, D.C. when it comes to the status of a government shutdown and the recent removal of Kevin McCarthy (R-CA) as Speaker of the House. In September, Congress reached the brink of a government shutdown due to conflicts within the Republican party. Members […]

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Please click here for the Comments on the Supplemental Notice of Proposed Rulemaking Establishing the Definition of Unreasonable Refusal to Deal or Negotiate with Respect to Vessel Space Accommodations Provided by an Ocean Common Carrier.

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On December 7, 2022, Commodity Futures Trading Commission (“CFTC”) held an Agricultural Advisory Committee (“AAC”) meeting to discuss topics related to the agricultural economy and recent developments in the agricultural derivatives markets. ACSA President/CEO Buddy Allen and Chairman Tommy Hayden of Louis Dreyfus Company both serve on the committee. Summary here.

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On September 14th, the House Ways and Means Committee held a hearing titled, “The Future of U.S.-Taiwan Trade.” There were four witnesses, including Texas Farm Bureau President Russell Boening. Summary here.

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