GFM Network News



(ADM.com)

ADM’s move to spin off ethanol assets speaks to industry’s woes

New York/Chicago | Reuters — Biofuels pioneer Archer Daniels Midland took another step toward abandoning its pure-play ethanol assets on Friday, the latest sign of the industry’s struggles with U.S. President Donald Trump’s trade wars, thin margins, and overproduction. U.S. law requires ethanol to be blended into gasoline but domestic demand for the biofuel added




Foreign Minister Chrystia Freeland, shown here Nov. 1 at a press conference in the occupied West Bank, says Canada’s objective remains getting to a Friday signing for the USMCA. (Photo: Reuters/Mohamad Torokman)

Dairy issue nags as U.S., Canada prepare to sign trade pact

New York/Ottawa | Reuters — Dairy remains a sticking point between the United States and Canada as the countries prepare to sign a new North American trade pact this week, according to four sources familiar with the matter. U.S. objections to Canada’s protected internal market for dairy products was a major challenge facing negotiators during


(EPA.gov via Flickr)

U.S. biofuels industry, advocates see hope in Pruitt’s successor

New York | Reuters — Corn growers and biofuel producers cheered the resignation of U.S. Environmental Protection Agency chief Scott Pruitt in the hope that his successor may give them more access and fewer threats to reducing domestic requirements. Pruitt led U.S. President Donald Trump’s aggressive efforts to roll back environmental protections. He drew the





(Dave Bedard photo)

Cargill expands food starch line-up in ‘clean label’ push

New York | Reuters — Global commodities trader Cargill said on Tuesday it will increase its offerings of starch product options, seeking to capture rising demand for simpler ingredients and to meet changing consumer tastes. The Minneapolis-based agribusiness will now sell new “native starches” produced from plants such as corn and wheat, as an alternative