Brussels | Reuters — A planned EU-Canada free trade deal received backing from a committee of the European Parliament and Germany’s top court on Thursday, increasing its chances of entering force later this year. The European Union and Canada signed the Comprehensive Economic and Trade Agreement (CETA) in October, but only after opposition from a […] Read more

EU-Canada trade deal clears further hurdles in Europe

EU regulators delay ChemChina/Syngenta decision
Brussels | Reuters — European Union antitrust regulators have extended the deadline for a decision on ChemChina’s proposed buy of Swiss pesticides and seeds group Syngenta by 10 working days, to April 12. Syngenta said in a statement the two companies had asked for the extension to allow “sufficient time for the discussion of remedy […] Read more

Trump leaning toward Georgia ex-governor to lead USDA
Washington | Reuters — Former Georgia Governor Sonny Perdue is U.S. Republican President-elect Donald Trump’s leading candidate to run the U.S. Department of Agriculture, a senior Trump transition team official said on Monday. Perdue, a Democrat-turned-Republican who founded a grain and fertilizer business, served on Trump’s agricultural advisory committee during his presidential campaign. The official […] Read more

CRTC makes broadband a basic service
Gatineau | Reuters — Broadband internet access will be considered a basic service in Canada, the country’s telecom regulator said Wednesday, setting a higher target for download speeds and creating a fund that could see providers paying more to help meet those goals. The Canadian Radio-television and Telecommunications Commission (CRTC) said it was establishing a […] Read more

U.S. forecaster sees weak La Nina likely to fade in early 2017
New York | Reuters — A U.S. government weather forecaster on Thursday said weak La Nina conditions were present but favoured to dissipate in the coming months. The National Weather Service’s Climate Prediction Center said in a monthly forecast that conditions were likely to transition back to neutral during January through March. The report said […] Read more

CETA clears legal test hurdle in EU parliament
Strasbourg | Reuters –– The planned EU-Canada free trade deal cleared a hurdle to its implementation next year when the European Parliament rejected a motion on Wednesday to ask the top European Union court to rule on its legality. The vote by lawmakers in the parliament is an indication they will also ultimately back the […] Read more

U.S. ups biofuel requirements in win for Big Corn
New York | Reuters — The U.S. government on Wednesday announced finalized targets for biofuel use for next year, requiring that energy companies blend 19.28 billion gallons of renewables into the nation’s fuel supply. The Environmental Protection Agency (EPA) in a statement set the target for conventional biofuel, or ethanol, at 15 billion gallons and […] Read more

Smithfield Foods to buy Farmer John from Hormel
Reuters — Smithfield Foods said it would buy parent of the Farmer John and Saag’s Specialty Meats brands, and farm operations in three U.S. states from Hormel Foods for US$145 million in cash. Smithfield will buy Clougherty Packing as well as hog farm operations under PFFJ, or Pigs for Farmer John, in California, Arizona and […] Read more

Key U.S. senator remains wary of China’s Syngenta play
Beijing | Reuters — A powerful U.S. senator said he is concerned that state-owned ChemChina, which is buying Swiss crop protection and seed group Syngenta for $43 billion, could use U.S. sovereign immunity laws to shield itself from claims in U.S. courts. Some Chinese state-owned entities have argued that they have sovereign immunity and thus […] Read more

India acts to help farmers hit by black money crackdown
New Delhi | Reuters –– India’s government on Thursday announced immediate steps to ease a cash crunch for farmers amid widespread criticism of Prime Minister Narendra Modi’s shock decision to withdraw high-value bills in the middle of the sowing and wedding season. Farmers have been left stranded as traders have no cash to pay for […] Read more