United States Archives - Page 18 of 22

Nestle sells U.S. ice cream brands to Froneri

By Reuters, GFM Network News December 11, 2019

Zurich | Reuters — Nestle SA has agreed to sell its U.S. ice cream business to Froneri in a deal valued at US$4 billion, moving control of brands including Häagen-Dazs to a joint venture the Swiss group set up in 2016. Froneri was created after Nestle merged its European ice cream business in 20 countries […] Read more

A U.S. nameplate at the WTO headquarters in Geneva on Dec. 9, 2019. (Photo: Reuters/Denis Balibouse)

General, Markets, Reuters

U.S. seals demise of WTO appeals bench, trade officials say

By GFM Network News December 9, 2019

Geneva | Reuters — The fate of the World Trade Organization’s top court was effectively sealed on Monday after the United States said it would not back a proposal to allow it to continue, trade officials said, although the WTO chief vowed to find a solution. The Trump administration has been blocking appointments to the […] Read more

File photo of street food on display in Hue, Vietnam. (RomanBabakin/iStock/Getty Images)

General, Markets, Reuters

Vietnam considers CPTPP-level tariff cuts on U.S. ag products

By Reuters, GFM Network News December 9, 2019

Hanoi | Reuters — Vietnam is considering cutting tariffs on several U.S. products, the ministry of finance said in a statement on Monday, after U.S. Commerce Secretary Wilbur Ross urged Vietnam to reduce its trade surplus during a visit to Hanoi last month. Tariffs on chicken and processed chicken meat, almonds, grapes, wheat, pork and […] Read more

Beef Cattle, Livestock, Markets, Reuters

EU lawmakers clear U.S. beef imports but fault U.S. tariffs

By GFM Network News November 28, 2019

Brussels | Reuters — European Union lawmakers approved an increase in U.S. beef imports to the EU on Thursday, a move likely to ease transatlantic tensions. But they also criticized tariffs imposed by U.S. President Donald Trump on metal imports and a threat he has made to target EU cars and car parts. The European […] Read more

Corn, Markets, Reuters, Soybeans

U.S. corn exports falter, soybean business could meet same fate

By GFM Network News November 7, 2019

Fort Collins | Reuters – It is no secret that overseas demand for U.S. corn has been downright terrible as of late, and relief does not seem likely in the immediate term as purchase commitments remain dismal. Forward sales for U.S. soybeans are nothing to brag about either, but soy exporters have enjoyed more success recently than […] Read more

U.S. President Donald Trump talks to China’s Vice Premier Liu He during their meeting in the Oval Office of the White House after two days of trade negotiations in Washington, Oct. 11, 2019. Photo: Reuters/Yuri Gripas

Reuters, Soybeans

Beijing’s refusal to order U.S. farm buys becomes pain point

By GFM Network News October 30, 2019

Washington/Beijing/Reuters – U.S. President Donald Trump’s demand that Beijing commit to big purchases of American farm products has become a major sticking point in talks to end the Sino-U.S. trade war, according to several people briefed on the negotiations. Trump has said publicly that China could buy as much as $50 billion of U.S. farm […] Read more

U.S. President Donald Trump speaks while meeting with China’s Vice Premier Liu He in the White House Oval Office, April 4, 2019. Photo: Reuters/Jonathan Ernst

Markets, Reuters

China to request U.S. remove tariffs in exchange for ag buys

By GFM Network News October 25, 2019

Washington | Reuters – Top U.S. and Chinese trade officials will discuss plans on Friday for China to buy more U.S. farm products, but in return, Beijing will request cancellation of some planned and existing U.S. tariffs on Chinese imports, people briefed on the talks told Reuters. Robert Lighthizer, the United States Trade Representative, U.S. […] Read more

Crops, Markets, Reuters

Trump’s hailing of Chinese farm purchases seen as ‘meaningless’

By GFM Network News October 14, 2019

Beijing | Reuters — China is still a long way from forking out US$50 billion for farm goods from the United States, agriculture industry analysts said on Monday, cautioning that getting there is contingent on removing substantial technical and political hurdles. Outlining the first phase of a deal to end a trade war with China, […] Read more

File photo of piglets at a hog operation in China. (KuLouKu/iStock/Getty Images)

General, Hogs, Markets, Reuters, Soybeans

China to exempt U.S. pork, soybeans from additional tariffs

By GFM Network News September 13, 2019

Shanghai | Reuters — China will exempt some agricultural products from additional tariffs on U.S. goods, including pork and soybeans, China’s official Xinhua News Agency said Friday, in the latest sign of easing Sino-U.S. tensions before a new round of talks aimed at curbing a bruising trade war. The United States and China have both […] Read more

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

Crops, Spring Wheat, Winter Wheat

Global wheat production to decrease, USDA says

By GFM Network News September 13, 2019

MarketsFarm — In the latest supply and demand report from U.S. Department of Agriculture (USDA), the global wheat forecast was revised downward due to difficult weather conditions. USDA has now projected 765.53 million tonnes of wheat to be produced in 2019-20, according to the department’s world agriculture supply and demand estimates (WASDE), released Thursday. That’s […] Read more

U.S. livestock: Cattle futures continue rally on constrained supply

A missed opportunity for farmers says analyst

CBOT Weekly: Trade focuses on crop tour

GFM Network News