McCormick’s merger with Unilever’s food business to create a US$65 billion sauce-and-spice giant is a bet that access to rising global demand for flavor-rich, healthier food can help counter a maturing U.S. market.
The U.S. has vowed to relegate the World Trade Organization to only a limited role in global trade policy, following the breakdown of talks at recent ministerial meetings, if the body fails to reinstitute a moratorium on e-commerce duties.
The World Trade Organization’s ministerial talks in Yaounde ended on Monday with Brazil blocking a bid by the U.S. and others to prolong a moratorium on duties for electronic transmissions.
U.S. President Donald Trump announced new measures on Friday to support U.S. farmers who are reeling from the administration’s trade policies and the Iran war and suggested farm equipment makers cut prices
The Trump administration on Friday finalized new biofuel blending volumes mandates for the U.S. oil refiners, requiring more of the fuels made from corn and other agricultural products than initially proposed,in an apparent win for U.S. farmers.
The Iran war has upended the planting intentions of U.S. farmers, resulting in fewer acres of corn and the lowest quantity of spring wheat planted since 1970 as rising fertilizer and fuel costs and low grain prices dim the outlook for profits.
Canada and South America’s Mercosur bloc are advancing toward a free‑trade agreement that could be signed by the end of the year, with another round of negotiations scheduled for next month in Brasilia, according to three sources familiar with the talks.
Brazil’s soybean planting area is expected to remain stable in the upcoming 2026/27 season, but the scenario depends heavily on how long the U.S.-Israeli war on Iran lasts, agribusiness consultancy Agroconsult said on Wednesday.
Disruptions to nitrogen fertilizer supply through the Strait of Hormuz could reduce global grain yields and shift planting decisions, potentially lifting grain prices, Goldman Sachs said in a report on Tuesday.