New York | Reuters — Joe Biden may have an ethanol problem. The former U.S. vice-president has pledged support for advanced biofuels as part of his bid for the 2020 Democratic presidential nomination. But Biden, who leads the crowded Democratic field in opinion polls in Iowa and nationally, faces lingering questions in the U.S. Farm […] Read more
As Biden tours Iowa, farmers want to know where he stands on ethanol
Trump simplifies reviews of genetically modified farm products
Council Bluffs | Reuters — U.S. President Donald Trump signed an executive order on Tuesday directing federal agencies to streamline the review process for agricultural biotechnology including genetically modified livestock and seeds. Trump signed the order during a visit to an ethanol plant in Council Bluffs, Iowa. The executive order, he said, would “speed up […] Read more
U.S. livestock: Hog futures pull back on large supplies
Chicago | Reuters — U.S. hog futures tumbled on Tuesday as traders said a rally the previous day looked overdone in the face of large supplies. Feeder cattle futures also weakened, while live cattle futures closed higher. Hog futures pulled back after climbing on Monday, when traders were relieved that U.S. President Donald Trump had […] Read more
U.S. refiner group sues Trump EPA over E15 gasoline
Reuters — The main U.S. refining industry association said on Monday it sued to block the Trump administration’s effort to expand sales of higher ethanol blends of gasoline, arguing the move exceeded the administration’s authority. The legal challenge from the American Fuel and Petrochemical Manufacturers (AFPM) association escalated a battle between the oil and corn […] Read more
Increased Chinese inspections on Canadian meat for pork only
Ottawa | Reuters — Chinese plans to boost inspections of Canadian meat imports only affect pork rather than all meat products as the federal agriculture ministry initially stated, a Canadian government official said on Wednesday. A ministry notice seen by Reuters on Tuesday said the Canadian embassy in Beijing had been told Chinese customs agents […] Read more
Trump tariffs could cost an extra nickel per burrito, says Chipotle
Reuters — Chipotle Mexican Grill on Monday estimated a US$15 million hit from President Donald Trump’s proposed tariffs on Mexican imports, and said it could cover that by raising burrito prices by around five cents. The U.S.-based Mexican-themed chain’s finance chief Jack Hartung said its margins would be reduced by 20-30 basis points if the […] Read more
Brazil reports atypical BSE case
Sao Paulo | Reuters — The Brazilian government reported on Friday a case of atypical bovine spongiform encephalopathy (BSE) in an animal in Mato Grosso state, according to a statement from the country’s agriculture ministry. The ministry said the case of BSE, also known as mad cow disease, was detected in a 17-year-old cow. It […] Read more
China says hopes Canada understands consequences of siding with U.S.
Beijing | Reuters — China hopes Canada understands the consequences of siding with the United States and doing its bidding, China’s foreign ministry said on Friday, after U.S. Vice-President Mike Pence called for the release of two Canadians detained in China. Chinese authorities detained Canadian businessman Michael Spavor and former diplomat Michael Kovrig in December, […] Read more
ADM to combine grain trading, oilseed businesses
Chicago | Reuters — Global grains trader Archer Daniels Midland said Wednesday it will consolidate five business units into four in the company’s second reorganization in just over a year as adverse weather and a U.S.-China trade dispute threaten profits. ADM will combine its grain trading and oilseeds segments into a new business unit called […] Read more
Japan opens doors to full access of U.S. beef imports
Washington | Reuters — Japan has agreed to eliminate its long-held restrictions on U.S. beef imports, opening full access to U.S. cattle products after more than 15 years, the head of the U.S. Department of Agriculture said in a statement on Friday. “The new terms, which take effect immediately, allow U.S. products from all cattle, […] Read more
Canadian Cattlemen Presents: Depth of Field
