Washington/Ottawa | Reuters — U.S. Secretary of State Mike Pompeo called on Monday for the immediate release of two Canadians charged by China with espionage, saying the United States was “extremely concerned” and that the two men’s detention was unjustified. “These charges are politically motivated and completely groundless,” Pompeo said in a statement. Chinese prosecutors […] Read more
Pompeo urges China to release two detained Canadians
U.S. Secretary of State calls charges 'groundless'
Mexico to resume sending farmworkers to Canada after safety agreement
Mexico City | Reuters — Mexico will resume sending temporary farmworkers to Canada after the two countries reached an agreement on improved safety protections for labourers on Canadian farms during the coronavirus pandemic, the Mexican government said Sunday. Mexico said last Tuesday it would pause sending workers to farms with coronavirus infections after at least […] Read more
U.S. farming body, Zambian firm partner aim to boost crop yields
Country rebuilding drought-battered ag sector
Lusaka | Reuters — A U.S. non-profit organization has launched a US$40 million joint venture with one of Zambia’s top farm suppliers to boost crop yields and food security as farmers struggle to access finance amid the COVID-19 pandemic, the local company said on Sunday. The chairman of African Green Resources (AGR), Zuneid Yousuf, said […] Read more
Louis Dreyfus adds venture capital unit
New unit's potential budget not yet discussed publicly
Paris | Reuters — Agricultural commodities trader Louis Dreyfus Co. has launched a venture capital program to invest in food and farming firms while also announcing a change of head for its innovation business. “Over the coming months, we will invest in early-stage companies with the potential to transform the food and agriculture industries,” CEO […] Read more
U.K. aims to join Trans-Pacific Partnership
London | Reuters –– The United Kingdom announced on Wednesday it would pursue accession to a revamped version of the Trans-Pacific Partnership. “Today we’re announcing our intent to pursue accession to CPTPP, one of the world’s largest free trading areas,” Trade Secretary Liz Truss said. The British government said joining CPTPP would help the U.K. […] Read more
Bayer scraps plans for U.S. dicamba production
Move unrelated to court ruling, company says
Chicago | Reuters — Bayer said on Tuesday it will scrap a nearly US$1 billion project to produce dicamba in the United States, but said the move is unrelated to a federal court decision that blocked sales of dicamba-based herbicides. The German-based company is moving to save cash as it wages an expensive legal battle […] Read more
Mexico to stop sending workers to Canadian farms hit by COVID-19
Assurances of worker safety sought, FARMS says
Mexico City | Reuters — Mexico will stop sending temporary workers to Canadian farms that have registered a coronavirus outbreak and that do not have proper worker protections, Mexico’s labour ministry said on Tuesday, although it will not completely suspend the program. The decision came after a coronavirus outbreak in Ontario hit at least 17 […] Read more
Elanco gets EU’s conditional antitrust OK for Bayer deal
Approval calls for sale of Vecoxan brand, among others
Reuters/Staff — Elanco Animal Health secured antitrust clearance on Monday from the European Union to buy Bayer’s veterinary drugs unit, after pledging to sell some products to address competition concerns about the US$7.6 billion deal. The European Commission said the companies will sell either Elanco or Bayer’s products or those in the pipeline, including licenses, […] Read more
Cargill halts public reporting of quarterly results
Reuters — Privately held U.S. agribusiness Cargill said on Wednesday it will no longer issue public releases on quarterly earnings, halting the disclosures that the company has provided since 1996. Cargill, the largest privately held company in the United States, said it will continue to publicly disclose annual revenue and the percentage of operating cash […] Read more
U.S. indicts Pilgrim’s Pride CEO for alleged chicken price-fixing
Allegations cover period from 2012 to 2017
Washington/Chicago | Reuters — The CEO of Pilgrim’s Pride Corp., a major U.S. poultry company, was indicted along with three other current and former industry executives on charges of seeking to fix the price of chickens, the U.S. Department of Justice said Wednesday. A grand jury in Denver indicted Jayson Penn, the president and CEO […] Read more
Canadian Cattlemen Presents: Depth of Field
