Reading Time: < 1 minute Mexican Economy Minister Marcelo Ebrard said on Tuesday he expected a resolution on a dispute under the U.S.-Mexico-Canada free trade pact regarding Mexican restrictions on imports of genetically-modified (GM) corn by Dec. 14.
Mexico expects resolution on GM corn dispute by Dec. 14
U.S. grains: Soybeans fall as good South America weather lift crop prospects
Reading Time: 2 minutes U.S. soybean futures fell on Wednesday on favorable crop weather in South America and concerns about the incoming Trump administration's hawkish approach to trade with top importer China.
Biden administration will not finalize clean fuel tax credit guidance
Ethanol producers hoping aviation fuel would provide market growth after amid stagnant demand
Reading Time: 2 minutes Biden administration officials will not finalize highly anticipated guidelines on new clean fuel production tax credits aimed at the airline and biofuel industries before they leave in January, three sources told Reuters, casting doubt on the future of a key piece of the U.S. president's climate agenda.
Italy wants changes to EU-Mercosur trade deal’s agriculture sections, minister says
Reading Time: < 1 minute Italy wants changes to agricultural sections of the draft EU-Mercosur trade deal with South American countries, Foreign Minister Antonio Tajani said on Wednesday.
U.S. grains: Soybeans recoup losses, but Brazil crop outlook caps gains
Reading Time: 2 minutes U.S. soybean futures rebounded on Tuesday in a short-covering and bargain-buying bounce from the prior day's losses, although gains were limited by favorable crop prospects in South America, where Brazil is due to harvest a record crop early next year.
Commodities trading giant Cargill plans to cut around 8,000 jobs
Reading Time: 3 minutes Global trading house Cargill said on Tuesday it plans to cut around five per cent of its staff, or about 8,000 jobs after revenue slumped in its most recent fiscal year as crop prices hit multi-year lows.
New Zealand suspends poultry exports after first case of H7 bird flu
Reading Time: < 1 minute New Zealand said on Monday that it had suspended all poultry exports after detecting a highly pathogenic variant of avian influenza at a poultry farm on the South Island.
Tyson Foods to close Kansas meat plant, cutting more than 800 jobs
Reading Time: < 1 minute Tyson Food will permanently close a meat plant in Emporia, Kansas, that employs more than 800 people, according to a letter the company sent to the state on Monday.
U.S. grains: Soy down on record Brazil crop outlook
Reading Time: < 1 minute U.S. soybean futures fell on Monday on favourable crop weather in South America, forecasts for a record-smashing Brazilian harvest and continued concerns about the incoming Trump administration's hawkish approach to trade with top soy importer China.
Poland to build new grain terminal in Gdansk to bolster food security
Reading Time: < 1 minute Poland plans to build a new grain terminal at the Port of Gdansk by 2026, which will enable the country to respond to crisis situations, Prime Minister Donald Tusk said on Monday.
A message from April Stewart, Country Guide's Associate Editor
