Richard Morrison is based out of the Informa Economics Washington, D.C. office, where he contributes to IEG Policy and other Informa Economics products and client services. He maintains a keen interest in the intersection of politics and economics, a passion of his since before college.
Since joining Informa, Richard has written extensively on the effect that government policy and market dynamics have on the agriculture and food sectors – in the US and globally. Being a Millennial, Richard leads the Washington news team in monitoring and developing items for social media.
He is a native of rural central Virginia and received his bachelor’s degree in economics from George Mason University.
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Latest From Richard Morrison
New deadlines and additional transparency for Renewable Fuel Standard (RFS) small refinery exemption (SRE) petitions would be required under legislation introduced by House Agriculture Committee Chairman Collin Peterson (D-Minn.) and Rep. Dusty Johnson (R-S.D.).
The Senate cleared a $19.1 billion disaster aid package and the House is expected to consider the bill today. Meanwhile, the Federal Reserve Bank of New York tallied up the cost of recent US tariffs and Treasury Secretary Steven Mnuchin said no new US-China meetings are currently scheduled.
Major ag and commodity groups are voicing mostly positive reviews to USDA's new USD16 billion trade aid package, which aims to offset the impact of retaliatory measures imposed by trading partners.
Major ag and commodity groups are voicing mostly positive reviews to USDA's new $16 billion trade aid package, with many praising changes to the payment rate methodology compared to the 2018 program.
Details of USDA's second round of agricultural trade aid, which will again feature direct payment, food purchase and trade promotion components, were announced today by Secretary Sonny Perdue and other top USDA officials during a conference call with reporters.
USDA will hold a briefing this morning on a second trade aid package for farmers. Meanwhile, appropriators are looking to block USDA's plan to relocate the Economic Research Service (ERS) and National Institute of Food and Agriculture (NIFA) outside the Washington, DC, region and the Environmental Protection Agency (EPA) announced one Renewable Fuel Standard (RFS) small refiner exemption has been withdrawn or declared ineligible for the 2018 compliance year.