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.
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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
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.
Ag sees small representation at tariff summit
Looming threat of U.S. tariffs discussed
Agriculture had some ambassadors at Prime Minister Justin Trudeau’s tariff summit in Toronto, Feb. 7, though some said more representation would have been better.
Live poultry markets in New York City, suburbs shut over bird flu
Bird flu detected at seven locations
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.
Barley, Canola, Cereals, Corn, Lentils, Markets, News, Oats, Peas, Pulses, Soybeans, Spring Wheat, Winter Wheat
Canola stocks shrink, wheat nudges up
StatCan issues stock report
With a decline of 19.2 per cent, total canola stocks in Canada dropped from a year ago, while all wheat stocks bumped up 0.9 per cent, Statistics Canada reported on Feb. 7.
Trump’s trade chief nominee Greer says universal tariff needs more study
Countries must lower trade barriers to enjoy U.S. market access
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.
Mexico formally repeals restrictions on GM corn after trade panel ruling
Mexico City | Reuters – Mexico’s government has repealed previous restrictions on genetically-modified (GM) corn for human use, as well for livestock and industrial uses, according to a notice on Thursday in the official gazette. The United States, which for decades has exported large volumes of GM yellow corn to Mexican buyers, had objected to […] Read more
Bunge Q4 profit falls on weak crush margins, forecasts 2025 earnings drop
Trade tensions and biofuel uncertainty weigh on sector
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
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
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.