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.
This publication is provided by Brown Brothers Harriman & Co. and its subsidiaries (“BBH”) to recipients, who are classified as Professional Clients or Eligible Counterparties if in the European Economic Area (“EEA”), solely for informational purposes. This does not constitute legal, tax or investment advice and is not intended as an offer to sell or a solicitation to buy securities or investment products. Any reference to tax matters is not intended to be used, and may not be used, for purposes of avoiding penalties under the U.S. Internal Revenue Code or for promotion, marketing or recommendation to third parties. This information has been obtained from sources believed to be reliable that are available upon request. This material does not comprise an offer of services. Any opinions expressed are subject to change without notice. Unauthorized use or distribution without the prior written permission of BBH is prohibited. This publication is approved for distribution in member states of the EEA by Brown Brothers Harriman Investor Services Limited, authorized and regulated by the Financial Conduct Authority (FCA). BBH is a service mark of Brown Brothers Harriman & Co., registered in the United States and other countries.
© Brown Brothers Harriman & Co. 2017. All rights reserved. 2017.
PB-01801-2017-11-13 Expires 11/30/2019