Reading Time: 2 minutes The European Union is drawing up plans to simplify rules governing its huge farming subsidy programme, draft documents seen by Reuters showed, as Brussels races to lighten the regulatory burden on local businesses.
EU plans simpler rules for billions worth of farm subsidies, draft shows
Trump expected to announce 25 per cent steel and aluminum tariffs in latest trade salvo
Trumps suggests more announcements later this week; EU floats retaliatory measures
Reading Time: 3 minutes President Donald Trump is expected to introduce new 25 per cent tariffs on Monday on all steel and aluminum imports into the U.S., on top of existing metals duties, in another escalation of his shake-up of trade policy.
U.S. grains: Corn, soy, wheat futures sag on renewed U.S. tariff worries
Reading Time: 2 minutes Chicago Board of Trade corn, soybean and wheat futures weakened on Friday on renewed worries that trade disputes could hurt demand for U.S. farm products, analysts said.
Live poultry markets in New York City, suburbs shut over bird flu
Bird flu detected at seven locations
Reading Time: < 1 minute Authorities in New York state have temporarily closed all live poultry markets in New York City and three suburban counties after detecting bird flu at seven markets within the past week, according to a notice on Friday.
Trump’s trade chief nominee Greer says universal tariff needs more study
Countries must lower trade barriers to enjoy U.S. market access
Reading Time: 3 minutes Jamieson Greer, President Donald Trump’s nominee for U.S. trade representative, said on Thursday that a universal tariff needs further study to gauge its impact on rising U.S. trade deficits, and put countries on notice they must lower import barriers to maintain access to the U.S. market.
U.S. grains: Wheat futures jump on Black Sea crop worries, short covering
Reading Time: 2 minutes Chicago Board of Trade wheat futures climbed to their highest level since October on Thursday as cold weather stoked concerns about potential crop damage in the Black Sea region, analysts said.
U.S. Grains: Soybean, corn futures fall on improving Argentina weather forecast
Rains benefit dry Argentine crop areas
Reading Time: 2 minutes Chicago Board of Trade grain and soy futures backpedaled from their highest prices in months on Wednesday as weather forecasts improved in Argentina, analysts said.
Bunge Q4 profit falls on weak crush margins, forecasts 2025 earnings drop
Trade tensions and biofuel uncertainty weigh on sector
Reading Time: 2 minutes U.S. crop commodities trader Bunge Global posted a larger-than-expected quarterly profit drop on Wednesday and warned that 2025 earnings could sink to the lowest in six years as trade tensions and biofuel policy uncertainty drag on the agricultural sector.
USDA detects a second bird flu strain in dairy cattle, agency email says
Strain not seen in cows previously
Reading Time: < 1 minute The U.S. Department of Agriculture has detected a bird flu strain in dairy cattle that previously had not been seen in cows, according to an email from the agency’s Animal and Plant Health Inspection Service seen by Reuters.
China launches WTO dispute over Trump tariffs
Additional measures possible
Reading Time: < 1 minute China has launched a dispute at the World Trade Organization (WTO) over tariffs imposed by U.S. President Donald Trump on Chinese goods, the Geneva-based body said on Wednesday.
A message from April Stewart, Country Guide's Associate Editor
