Washington | Reuters — The Trump administration’s second package of aid for U.S. farmers hit by the trade war with China is expected to have a similar structure to last year’s program, using direct payments and commodity purchases, industry sources briefed on the plan said. The U.S. Department of Agriculture is still finalizing the plan,
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
Reuters — China would likely lift a ban on U.S. poultry as part of a trade deal and may buy more pork to meet a growing supply deficit, but it is not willing to allow a prohibited growth drug used in roughly half the U.S. hog herd, two sources with knowledge of the negotiations said.
Washington | Reuters — The European Union and United States have not yet agreed on the scope of trade negotiations, but the bloc will not include agriculture in the talks, its trade commissioner said on Wednesday. U.S. President Donald Trump has sought better terms of trade with the EU, as well as China, Japan, Canada
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
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
New York | Reuters –– The world’s top food companies and farmers of crops such as beet sugar are pitted against each other as they lobby the U.S. government over plans to label genetically engineered ingredients. At the heart of the issue is transparency over ingredients used in food. Packaged foods makers are facing flagging
New York | Reuters — A week after the White House suspended its bid to reform the nation’s biofuels policy to aid oil refiners, the head of the U.S. Environmental Protection Agency on Tuesday dangled a tantalizing prospect to Midwest corn farmers, saying the agency has the power to expand sales of higher-ethanol gasoline blends.
New York | Reuters — The Trump administration is considering allowing the sale of a higher-ethanol fuel blend in the summer, a source familiar with the issue said, a move that would placate corn growers worried about the future of U.S. biofuels policy. U.S. President Donald Trump recently met with the heads of the Environmental
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