Reading Time: 2 minutes China, the world's biggest pork consumer, is no longer a viable market for top U.S. pork processor Smithfield Foods due to retaliatory tariffs by Beijing, company executives said on Tuesday.
Reuters
Smithfield Foods says tariffs make China unviable market for its US pork
U.S. grains: Wheat futures set contract lows on forecasts for beneficial US rain
Reading Time: 2 minutes U.S. wheat futures sank to contract lows on Monday on expectations that more rain will hit dry growing areas of the Plains after beneficial showers over the weekend, analysts said.
US and Mexico have reached agreement on New World screwworm, Ag Secretary Rollins says
US said on Saturday it could restrict Mexican livestock imports over screwworm worry
Reading Time: 2 minutes President Donald Trump's administration warned on Saturday that it will restrict livestock imports from Mexico if that country's government does not intensify its fight against a damaging pest called New World screwworm.
Canadians go to the polls
Trump renews ’51st state’ rhetoric as federal election approaches
Reading Time: 4 minutes Canadians are going to the polls on Monday after an election campaign in which U.S. President Donald Trump's tariffs and musings about annexing Canada became the central issue. Alberta rancher Bob Lowe says the Canadian economy is his top concern.
U.S. grains: Soybeans weaken on positioning, China’s tariff talk denials
Reading Time: 2 minutes Chicago soybeans fell down after multiple days of advances on Friday as many traders exited the market on positioning and news that China was denying claims by U.S. President Donald Trump that the two countries are in tariff talks.
Brazil to export more soy to China amid trade war, Abiove says
Reading Time: 2 minutes Brazil will export more soybeans to China and more soymeal to its main clients in Europe, the Middle East and Southeast Asia in 2025 amid the trade war between the United States and China, a director at industry group Abiove said on Thursday.
China denies Trump’s claim of trade talks between the battling nations
China has exempted some U.S.-made pharaceuticals, chemicals from tariffs say business groups
Reading Time: 2 minutes China refutes Donald Trump's claims that it is in trade talks with the U.S. China has waived tariffs on some U.S.-made pharmaceuticals, chemicals and other goods say business groups.
US farm agency withdraws proposal aimed at lowering Salmonella risks in poultry
Reading Time: 2 minutes The U.S. Department of Agriculture is withdrawing a proposal aimed at reducing Salmonella risks in poultry products for U.S. consumers, the agency said on Thursday.
U.S. grains: Soybeans gain strength as investors hope for more demand outside China
Reading Time: 2 minutes Chicago soybean futures rose for a fourth session on Thursday to hold at a two-month high as the potential for demand outside of China appeared to be rising, and comments by U.S. officials on a possible de-escalation in the trade standoff with that country continued to lend some support to the oilseed market.
Packaged food giant PepsiCo cuts profit forecast as tariffs set to drive up costs
Nestle beats quarterly sales estimates, says indirect tariff impact ‘unclear’
Reading Time: 3 minutes Packaged food giant PepsiCo has cut its annual profit forecast as tariffs are set to drive up production costs and demand remains uncertain. Nestle says it has beaten its first quarter sales growth expectations and tariff effects are unclear.