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
Seesawing retail and foodservice demand for ag goods due to the coronavirus pandemic, particularly products with limited shelf life like milk and produce, is creating more challenges for farmers who are facing deteriorating margins and are sometimes finding it difficult to sell what they produce.
US ag exports edged lower in February while imports saw a steeper decline according to data from USDA. Meanwhile, the Small Business Administration (SBA) released an interim rule on Payment Protection Program Loans (PPPL) and USDA approved hemp production plans submitted by South Carolina, West Virginia and three tribal nations.
The European Commission has proposed a €100 billion ($108 billion) loan package to keep people employed and businesses running during the COVID-19 crisis.
Ensuring farmers maintain access to critical H-2A guestworkers – even as new border restrictions are put in place to curb the spread of COVID-19 – is a priority for the administration, President Donald Trump said during his press briefing Wednesday (April 1).
Assistance for cattle producers grappling with a plunge in cattle prices tied to the COVID-19 pandemic continues to be a focus for ag-state lawmakers, with a bipartisan, bicameral group of hundreds of lawmakers joining the latest effort to press USDA on the issue.
Global food prices posted sharp declines in March according to the UN Food and Agriculture Organization (FAO). Meanwhile, USDA announced moves to boost sugar imports amid tight supplies and China ag purchases were more muted in the latest update from USDA.