Washington | Reuters –– U.S. pork producers on Monday hailed “significant progress” in Asia-Pacific regional trade talks and urged lawmakers to give the White House authority to fast-track trade deals, a sign that a deadlock with Japan may be softening. An impasse between the U.S. and Japan, the two biggest economies in the 12-nation Trans-Pacific […] Read more
U.S. hog farmers see ‘significant progress’ in Trans-Pacific talks
Women players drop legal battle over World Cup turf
Reuters –– Players who had begun legal action over the use of artificial surfaces at this year’s Women’s World Cup have dropped their case, their lawyers said on Wednesday. A group of elite women’s players had sued FIFA and the Canadian Soccer Association (CSA), arguing that artificial turf surfaces for the tournament, which takes place […] Read more
Syria air raid on cattle market kills at least 27, monitor says
Amman | Reuters –– At least 27 people were killed and dozens wounded on Tuesday by a Syrian air raid on a cattle market in territory controlled by the hard-line Islamic State, a monitoring group said. The raid hit the main livestock market in Khansaa, a village south of the Kurdish-held city of Qamishli in […] Read more
Australia weather bureau says models show low chance of El Nino
Sydney | Reuters –– Weather models show a low chance of an El Nino, the Australian Bureau of Meteorology (BOM) said Tuesday, after indicators of the climate event eased in recent weeks. El Nino — a warming of sea-surface temperatures in the Pacific — can prompt drought in Southeast Asia and Australia and heavy rains […] Read more
Fertilizer firm Mosaic forecasts bigger-than-expected Q4 profit
Reuters — U.S. fertilizer company Mosaic Co. on Monday estimated it would post a larger fourth-quarter profit than expected and surpassed its targets for phosphate sales. Mosaic, the world’s largest producer of finished phosphate products and North America’s second-biggest potash producer, said it expects to earn 93 to 98 cents per share in the quarter […] Read more
France says Russia to lift ban on live pigs, some pork products
Paris | Reuters –– Russia’s veterinary services has agreed to lift a ban on French live pigs, offal and fat imposed a year ago after an outbreak of African swine fever in the east of the European Union, the French farm ministry said. Russia imposed the ban on EU pork products early in 2014 following […] Read more
Russia may consider grain export ban, but not yet, deputy PM says
Moscow | Reuters — Russia might consider banning grain exports altogether if informal trade restrictions already in place fail to benefit the economy as hoped, a senior minister said Monday. The bulk of Russia’s grain output is wheat, for which it is expected to be the world’s fourth-largest exporter this year. But in response to […] Read more
Refiners urge EU to rethink renewables policy after oil collapse
Antwerp | Reuters –– European oil refiners urged the European Union on Monday to review laws calling for increased biodiesel content in road fuel because the cost of such renewables will counter the recent plunge in crude prices and weigh on the refining sector. “Governments should not inflict extra burden on the public by increasing […] Read more
Russia’s domestic wheat prices decline due to export curbs
Moscow | Reuters — Russia’s domestic wheat prices have declined since the start of the year as the government has curbed exports with informal limits ahead of the introduction of an official export tax, analysts said on Friday. Russia, expected to be the world’s fourth-largest wheat exporter this year, imposed tougher quality monitoring of grain […] Read more
Chipotle’s pork plight could hurt Q1 results
Reuters –– Chipotle Mexican Grill’s decision to suspend purchases from a pork producer that ran afoul of its animal welfare requirements could bolster its reputation with diners but threatens sales and profits this quarter, an analyst said Wednesday. The burrito chain’s move caused a supply shortfall that is hitting about one-third of its roughly 1,800 […] Read more
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