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File photo of a cornfield in Mexico. (Roberto Cabrera/iStock/Getty Images)
Crops

Mexico says it aims for agreement with U.S. on GM corn in January

U.S. officials threatening action under CUSMA pact

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Mexico City | Reuters — Mexico and the United States aim to reach an agreement in January over a pending Mexican ban on imports of genetically modified (GM) corn, the Mexican foreign ministry said on Friday after officials from the two countries held talks in Washington. In a statement, the ministry said talks would continue
Around 20 per cent of Mexico’s corn imports from the U.S. are white corn, used to make food products such as tortillas. (Bhofack2/iStock/Getty Images)
Crops

U.S. lawmakers call for action over Mexico’s GM corn ban

Mexico says it's working on revisions

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Mexico City | Reuters — A group of bipartisan U.S. lawmakers called on Trade Representative Katherine Tai on Friday to start consultations under the Canada-U.S.Mexico trade agreement (CUSMA) over Mexico’s ban on genetically modified (GM) corn and the herbicide glyphosate. The letter signed by 24 members of Congress and led by Republican Representative Adrian Smith
U.S. EPA proposes higher biofuel blending volumes
News, Other

U.S. EPA proposes higher biofuel blending volumes

Agency also including electricity for EVs for the first time

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Reuters – The U.S. Environmental Protection Agency has proposed increases in the amount of ethanol and other biofuels that oil refiners must blend into their fuel over the next three years. The agency also proposes incorporating electricity made from renewable biomass and used for electric vehicle use into the program for the first time. The long-awaited proposal will call
Around 20 per cent of Mexico’s corn imports from the U.S. are white corn, used to make food products such as tortillas. (Bhofack2/iStock/Getty Images)
Crops, Markets

Mexico to rework decree on GM corn, economy minister says

GM corn, glyphosate bans now due to take effect in 2024

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Mexico City | Reuters — Mexico has offered to extend a deadline to ban genetically modified (GM) corn until 2025 and is working on a proposal to overhaul its plan, Economy Minister Raquel Buenrostro said on Wednesday. Buenrostro said President Andres Manuel Lopez Obrador had told the U.S. Mexico could delay the contentious GM corn
Huawei chief financial officer Meng Wanzhou leaves B.C. Supreme Court on a lunch break during her extradition hearing in Vancouver on Jan. 22, 2020. (Photo: Reuters/Jennifer Gauthier)
Crops

Huawei executive’s U.S. bank fraud charges to be dismissed

Charges remain against company itself

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Reuters — U.S. prosecutors on Thursday asked a judge to dismiss bank fraud and other charges against Meng Wanzhou, the chief financial officer of China’s Huawei Technologies, whose 2018 arrest strained relations between the U.S. and China. Meng struck a deal with the prosecutors last year for the charges against her to be dismissed on
File photo of a BNSF grain train crossing the Gassman Coulee trestle near Minot, North Dakota. (Photo courtesy BNSF Railway)
Crops

Biden administration makes case for quick Senate vote to avoid rail shutdown

Bill imposing deal on workers clears House

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Washington | Reuters — The Biden administration on Thursday urged the U.S. Senate to quickly pass a bill to block a railroad strike, warning that serious economic disruptions could be felt within days. The U.S. House of Representatives on Wednesday voted to approve a bill to impose a tentative contract deal reached in September on
Corn in progress just east of Blumenort, Man. on July 20, 2022. (Dave Bedard photo)
Crops

Mexico open to deal with U.S. on GMO corn

U.S. corn growers seek clarity over ban

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Mexico City | Reuters — Mexican President Andres Manuel Lopez Obrador said on Tuesday he is seeking a deal with Washington after the United States threatened legal action over Mexico’s plan to ban genetically modified (GMO) corn in 2024. After meeting with Mexican officials on Monday, U.S. Secretary of Agriculture Tom Vilsack said Mexico’s decree
“With crush capacity building here, farmers are going to be storing more soybeans to ship 12 months out of the year.” – Monte Peterson, Valley City, ND.
News, Oilseeds

New processors to reshape North Dakota’s export-focused soy sector

Additional capacity will change grain production and transportation links in the region

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North Dakota’s soybean industry is at the forefront of what could be a once-in-a-generation transformation, with two new processing plants set to open in 2023 and 2024 for biofuel production. U.S. soybean crush capacity may swell by as much as 30 per cent over the next four years, with more than a dozen planned new

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