As trade spat grows, China hits U.S. sorghum imports with hefty deposit

BEIJING (Reuters) – China said on Tuesday it will slap a hefty temporary deposit on imports of U.S. sorghum after finding the U.S. grain has damaged the domestic industry in a preliminary antidumping ruling, stirring trade tensions between the world’s top two economies. CHS Inc and other U.S. companies will have to put a 178.6 […] Read more

U.S. House Republicans propose food stamp changes for Farm Bill

CHICAGO/WASHINGTON (Reuters) – Republicans on the U.S. House Agriculture Committee on Thursday called for changes to the government’s food assistance program for the poor, in a package of long-awaited proposals for the next U.S. Farm Bill that could complicate its passage through Congress. Among the proposed changes is a plan to raise the age to […] Read more

Negotiations still best tool in U.S.-China trade row – Perdue

(Reuters) – U.S. Agriculture Secretary Sonny Perdue on Wednesday said negotiations were the preferred method for easing trade tensions between China and the United States. “Our first goal is to negotiate ourselves out of the saber rattling that has occurred and to make sure that these market disruptions do not have a permanent impact,” Perdue […] Read more

Monsanto loses Indian legal battle over GM cotton patents

NEW DELHI (Reuters) – A court ruled on Wednesday that Monsanto cannot claim patents on its genetically modified (GM) cotton seeds in India, the Indian company that brought the case said. Citing an Indian law that excludes seeds from being patented, Nuziveedu Seeds Ltd (NSL) argued that the U.S. seeds company was not eligible to […] Read more

Bayer sells BASF seed, ok to buy Monsanto

Reuters – The U.S. Justice Department will allow German drug and pesticide group Bayer AG to acquire Monsanto Co in a US$62.5 billion deal, after the companies agreed to sell more assets to win antitrust approval, the Wall Street Journal reported on Monday. Shares of Monsanto, the world’s biggest seed company, approached a four-year […] Read more

Chinese scientist gets 10 years in U.S. prison over theft of GMO rice

(Reuters) – A Chinese scientist in Kansas was sentenced on Wednesday to more than 10 years in a federal prison for conspiring to steal samples of a variety of genetically engineered rice seeds from a U.S. research facility, the U.S. Justice Department said. U.S. District Court Judge Carlos Murguia in the District of Kansas sentenced […] Read more

U.S. optimistic about quick NAFTA deal, Canada more downbeat

OTTAWA (Reuters) – U.S. Trade Representative Robert Lighthizer on Wednesday expressed optimism that talks to modify NAFTA could be wrapped up quickly, but a top Canadian official was more downbeat, saying much work remained. The United States wants to speed up the slow pace of negotiations on the $1.2 trillion North American Free Trade Agreement, […] Read more

Argentine soy, corn harvests begin with low yields reported

BUENOS AIRES (Reuters) – Drought-hit Argentine soy yields are well below historic averages, the Buenos Aires Grains Exchange said on Wednesday, with 8.8 percent of the harvest completed in the central farm belt and little hope of a near-term improvement in the weather. A recent increase in dryness in northern parts of the Pampas agricultural […] Read more

Canadian railways in a catch-22 over crude shipment

March 27 (Reuters) – Canadian railway operators see a lucrative opportunity to transport more crude oil to the United States as a rise in output force producers to find new routes to its southern neighbor. However, their need for long-term contracts and the pressure to move a surplus of grains in the country is making […] Read more