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Crops, Reuters

German chemical firm Lanxess to buy Chemtura

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Reuters — Lanxess AG said on Sunday it would buy specialty chemical company Chemtura Corp. for about US$2.5 billion, to improve the German company’s additives business. Lanxess’s offer of US$33.50 for each Chemtura share represents a premium of about 19 per cent to the Philadelphia-based company’s close on Friday. The world’s largest synthetic rubber maker […] Read more
(EC.europa.eu)
Livestock, Reuters

EU, Canada seek to win over CETA doubters with declaration

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Vienna/Brussels | Reuters — Canada’s trade minister and the European Union’s trade chief sought Wednesday to overcome the doubts of Austria and other EU members over a planned EU-Canada free trade deal, with a declaration spelling out the limits of the contentious pact. Canadian Trade Minister Chrystia Freeland, speaking in Vienna, said the legally binding […] Read more
Germany’s Social Democrats (SPD), led by the country’s economy minister Sigmar Gabriel, shown here in March, have voted at their congress to approve a Canada-E.U. trade pact. (Susanne Eriksson photo, BMWI.de)
Dairy Cattle, Livestock, Poultry/Eggs, Reuters

Germany’s Gabriel gets green light to support CETA

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Wolfsburg, Germany | Reuters — Germany appeared set on Monday to back an ambitious trade accord between the European Union and Canada after the leader of the Social Democrats (SPD), junior partner in the ruling coalition, overcame left-wing resistance to the deal within his party. The SPD decision paves the way for EU member states […] Read more
A preserved portion of the Berlin Wall in Berlin, Germany. (CIA.gov)
Livestock, Reuters

German minister expects to win vote on CETA

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Montreal | Reuters –– Germany’s economy minister said Thursday he expected the country’s Social Democrats, a junior partner in the ruling coalition, to vote in favour of a free-trade agreement between Canada and the European Union at a party meeting on Sept. 19. “We will get a majority vote,” German Vice-Chancellor and Economic Affairs Minister […] Read more
(JBSS.infoinvest.com.br)
Beef Cattle, Livestock

JBS chiefs return to posts

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The CEO and board chairman of the world’s biggest beef exporting firm say they’ve received clearance from a Brazilian federal court to return to their positions, after being ordered off the job last week. Brothers Wesley Batista and Joesley Batista, the CEO and board chairman respectively at Brazilian meat packing giant JBS, were among several […] Read more
(Keith Weller photo courtesy ARS/USDA)
Dairy Cattle, Livestock

TPP study sees net ‘neutral’ effect on dairy sector

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An economic impact study on Canada’s participation in a Trans-Pacific Partnership (TPP) trade deal finds losses in Canada’s dairy sector would be “offset” by gains for dairy processors from cheaper dairy imports. The study, prepared for the federal government by its Office of the Chief Economist and released Friday, notes Canada has offered expanded access […] Read more
Trade Minister Chrystia Freeland, shown here at the Prospectors and Developers Association of Canada conference in March. Global Affairs Canada via YouTube)
Livestock, Reuters

Canada working toward EU trade agreement in October

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Toronto | Reuters –– Canada is working toward signing a new trade agreement with the European Union in October, federal Trade Minister Chrystia Freeland said Monday. “We’re working hard for it to be the year when CETA, the Canada-EU trade agreement, is signed. We’re working towards signing in October and ratification early next year,” she […] Read more

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