This issue of the Commodity Markets Update explores how the role of government in the global economy is affecting trade and industries. In the feature article, Jay Foraker revisits the history of U.S. trade policy as potential changes continue to capture headlines. Also in this issue, John Harms explores how declining demand for coal – driven both by free market forces and the rise of natural gas, as well as higher environmental standards – is upending the transportation market, particularly as it relates to the inland barge industry. Similarly, Dan Phipps, CEO of Red River Foods Group, talks to us about how food regulation is the single most important opportunity and challenge facing the food industry, and Henry Goldman explores how a quota on production of two strategic metals, tungsten and fluorspar, is buoying prices.

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