The European Market Infrastructure Regulation (EMIR) came into force in the EU late last year as part of the worldwide effort to reduce counterparty and operational risk in the over-the-counter (OTC) derivatives market. Last Friday, the implementation of the technical standards of EMIR was initiated, and a long list of requirements now needs to be […]
In spite of a tough year on US agriculture that saw historic drought conditions drive up grain prices and cull the cattle herd down to its lowest level since 1952, the US Department of Agriculture (USDA) is now predicting a crop surplus this fall. This could mean good news for the livestock industry. This projection […]