A canyon on China’s frontier with Kazakhstan. (Luxiangjian4711/iStock/Getty Images)

China eases customs curbs for soy imports through northern border

Beijing | Reuters — China has eased customs regulations on imports of soybean through some northern border checkpoints, the commerce ministry said, a move that could smooth the way for shipments from neighbours such as Kazakhstan, Russia and perhaps Ukraine. The changes come as China looks to diversify soybean imports amid trade tension with the […] Read more


Han Jun, China’s vice-minister of agriculture and rural affairs, attends a news conference on the state of trade negotiations with U.S. in Beijing on Dec. 13, 2019. (Photo: Reuters/Jason Lee)

Chinese officials, Trump agree to tariff rollbacks

Beijing/Washington | Reuters — The United States and China cooled their trade war on Friday, announcing a “phase one” agreement that reduces some U.S. tariffs in exchange for increased Chinese purchases of U.S. farm goods. Chinese officials offered no specific details on the amount of U.S. agricultural goods Beijing had agreed to buy, a key […] Read more

(Drumstick.com)

Nestle sells U.S. ice cream brands to Froneri

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



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

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

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


(BanksPhotos/Getty Images)

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

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.-Japan trade deal falls short of abandoned Trans-Pacific pact

U.S.-Japan trade deal falls short of abandoned Trans-Pacific pact

But beef and pork producers have made big gains under the bilateral deal

Washington | Reuters – U.S. President Donald Trump has called his new trade deal with Japan a “phenomenal” victory for U.S. farmers. But don’t expect America’s Land O’Lakes butter to knock New Zealand’s Anchor or France’s President brands off store shelves in Japan, the world’s third largest economy. Butter is one of several U.S. dairy […] Read more