The Archer Daniels Midland Co. (ADM) logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2018.
 Photo: REUTERS/Brendan McDermid

ADM profit tops estimates on export sales, oilseeds

Reuters – Archer Daniels Midland Co reported a bigger-than-expected quarterly profit on Tuesday, as the U.S. grain merchant made export sales to buyers in countries other than China during an escalating trade war between Washington and Beijing. Strong margins for oilseeds crushing also boosted earnings. The United States and China have imposed tariffs on hundreds […] Read more





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Hog industry worldwide getting slaughtered in trade war

Beijing/Chicago/Carambei | Reuters – Ken Maschhoff, chairman of the largest U.S. family-owned pork producer, has watched profits fall as trade tensions rise between the United States and China. His company, The Machhoffs, has halted U.S. projects worth up to $30 million and may move some operations overseas. Investing in domestic operations now would be “ludicrous” […] Read more



Tariffs from both trading nations took effect amid mid-level talks in Washington.  Photo: claffra/iStock/Getty Images

U.S.-China talks on trade war resume as new tariffs kick in

Beijing/Washington | Reuters – The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of each other’s goods, even as mid-level officials from both sides resumed talks in Washington. The world’s two largest economies have now slapped tit-for-tat tariffs on a combined $100 billion of products […] Read more

China will be looking to other markets to fill its annual shortfall of 90 million tonnes of soybeans, a third of which the U.S. had traditionally supplied.  Photo: Thinkstock

China expects its U.S. agricultural imports to fall sharply

Beijing | Reuters – China’s imports of U.S. agricultural products will fall sharply once Beijing implements retaliatory trade measures and the country is able to cover its demand for cooking oil and animal feed, vice agriculture minister Han Jun said on Friday. The trade dispute will have a limited impact on China’s agriculture sector, but hit its U.S. counterparts […] Read more



Photo: Thinkstock

Argentina plans to export major amounts of soymeal to China in 2019

Beunos Aires | Reuters – Argentina expects to export significant amounts of soymeal to China starting after the next harvest in May, a top agriculture ministry official said on Friday, as the South American grains powerhouse moves to take advantage of U.S.-China trade strife. Argentine officials were in Beijing on Friday finalizing the paperwork needed to ship […] Read more