U.S. grains merchant Archer-Daniels-Midland is making a fresh wave of job cuts this week at its largest unit, the grain trading and oilseed processing division, according to three sources briefed on the matter.
ADM cuts jobs in grain trading division, sources say
New Trump aid plan for U.S. farmers to rely on direct payments
Washington | Reuters — The Trump administration’s second package of aid for U.S. farmers hit by the trade war with China is expected to have a similar structure to last […] Read more
ADM’s move to spin off ethanol assets speaks to industry’s woes
New York/Chicago | Reuters — Biofuels pioneer Archer Daniels Midland took another step toward abandoning its pure-play ethanol assets on Friday, the latest sign of the industry’s struggles with U.S. […] Read more
Biotech crops still a sticking point in U.S.-China trade deal
The issue is one of a number of complaints the U.S. administration has raised
Reuters – China’s lengthy approval process for genetically modified crops remains a sticking point in talks to end the trade war between China and the United States, according to two […] Read more
China eyes U.S. poultry, pork imports in trade talks
Reuters — China would likely lift a ban on U.S. poultry as part of a trade deal and may buy more pork to meet a growing supply deficit, but it […] Read more
EU trade chief says U.S. talks won’t include agriculture
Washington | Reuters — The European Union and United States have not yet agreed on the scope of trade negotiations, but the bloc will not include agriculture in the talks, […] Read more
Dairy issue nags as U.S., Canada prepare to sign trade pact
New York/Ottawa | Reuters — Dairy remains a sticking point between the United States and Canada as the countries prepare to sign a new North American trade pact this week, […] Read more
U.S. biofuels industry, advocates see hope in Pruitt’s successor
New York | Reuters — Corn growers and biofuel producers cheered the resignation of U.S. Environmental Protection Agency chief Scott Pruitt in the hope that his successor may give them […] Read more
Nestle, Hershey at odds with farmers over U.S. GMO labeling
New York | Reuters –– The world’s top food companies and farmers of crops such as beet sugar are pitted against each other as they lobby the U.S. government over […] Read more
U.S. EPA chief hints he could order more ethanol in fuel
New York | Reuters — A week after the White House suspended its bid to reform the nation’s biofuels policy to aid oil refiners, the head of the U.S. Environmental […] Read more
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