Archer-Daniels-Midland posted its lowest second-quarter profit in five years on Tuesday as U.S. trade upheaval and uncertainty around biofuel policies slowed sales and crimped trading and crop processing margins.
Trade
ADM Q2 profit falls to 5-year low amid trade turmoil
Canada’s trade deficit widened to C$5.9 billion in June
Canada's merchandise trade deficit widened in June to C$5.9 billion as imports grew faster than exports due to a one-time high-value oil equipment import, data showed on Tuesday.
CNH Industrial posts upbeat results as cost-cuts cushion slump in equipment demand
Farm and construction equipment maker CNH Industrial reported second-quarter profit and revenue above Wall Street estimates on Friday, as its ongoing effort to reduce costs helped offset pressures from lower sales and production.
Proposed Canada-U.S. trade deal could still be weeks away, says Ottawa
Trump increases tariff on Canada to 35 per cent from 25 per cent, cites fentanyl
A proposed U.S.-Canada trade deal could still be weeks away, Ottawa's chief negotiator said on Friday, a day after U.S. President Donald Trump imposed higher tariffs on imports from Canada.
U.S. restaurants lobby against tariffs ahead of Aug. 1 deadline
Legality of Trump’s ‘reciprocal’ tariffs questioned in Washington appeals court
Ahead of the August 1 tariff deadline, an American restaurant group has sent a letter to U.S. trade representative Jamieson Greer expressing concerns and urging for continued exemptions under the CUSMA trade agreement. Legality of Trump’s ‘reciprocal’ tariffs questioned in Washington appeals court.
Bangladesh to buy 220,000 tons of U.S. wheat to cool tariff tension
Bangladesh's government has approved the purchase of about 220,000 metric tons of wheat from the United States as part of efforts to cool trade tensions and reduce steep import tariffs imposed by President Donald Trump's administration, a Dhaka official said on Wednesday.
Bank of Canada holds rates steady and says global trade war risk has eased
The Bank of Canada held its key policy rate at 2.75 per cent for the third time in a row on Wednesday, as expected, and said the risk of a severe and escalating global trade war had diminished.
Canada says Australia has re-opened market access for beef and beef products
Australia has lifted a 22-year-old ban on the import of Canadian beef and beef products, the Canadian Food Inspection Agency said in a statement on Tuesday.
China’s soymeal glut raises demand doubts ahead of US soybean export season
China's appetite for soybeans is likely to weaken during the peak U.S. marketing season later this year, as record imports earlier in 2025 and tepid demand from animal feed producers have pushed up soymeal inventories at home, trade sources said.
U.S. complaints about protectionist Canadian dairy policy hypocritical, report argues
American, Canadian dairy sectors employ similar protectionist tactics says Mussell
Despite criticisms of Canadian dairy policy, the American dairy industry has many of the same protectionist tendencies Canada does, writes Al Mussell in a new policy paper.
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