Australian farmers are expected to favour less nitrogen-intensive crops such as barley over wheat and canola in the upcoming season due to rising fertilizer and fuel costs.
Australian farmers shift to less fertilizer-intensive crops as Iran war costs surge
McCormick bets on flavor in $65 billion Unilever merger
McCormick’s merger with Unilever’s food business to create a US$65 billion sauce-and-spice giant is a bet that access to rising global demand for flavor-rich, healthier food can help counter a maturing U.S. market.
U.S. vows to seek WTO alternatives after Cameroon talks break down
The U.S. has vowed to relegate the World Trade Organization to only a limited role in global trade policy, following the breakdown of talks at recent ministerial meetings, if the body fails to reinstitute a moratorium on e-commerce duties.
Canada reports modest economic growth in January
Canadian economy eked out modest growth in January, with monthly gross domestic product rising slightly as strength in most goods-producing industries offset lingering manufacturing weakness.
“Major setback for global trade”: WTO suffers fresh blow after reform push hits wall
The World Trade Organization’s ministerial talks in Yaounde ended on Monday with Brazil blocking a bid by the U.S. and others to prolong a moratorium on duties for electronic transmissions.
Trump tells farmers that tractor companies should lower prices
U.S. President Donald Trump announced new measures on Friday to support U.S. farmers who are reeling from the administration’s trade policies and the Iran war and suggested farm equipment makers cut prices
U.S. finalizes biofuel blending quotas for 2026-27, cuts RINS for foreign feedstocks
The Trump administration on Friday finalized new biofuel blending volumes mandates for the U.S. oil refiners, requiring more of the fuels made from corn and other agricultural products than initially proposed,in an apparent win for U.S. farmers.
U.S. corn planting seen down, soy acres up as Iran war inflates costs, analysts say
The Iran war has upended the planting intentions of U.S. farmers, resulting in fewer acres of corn and the lowest quantity of spring wheat planted since 1970 as rising fertilizer and fuel costs and low grain prices dim the outlook for profits.
Mercosur and Canada near free-trade agreement with April talks
Canada and South America’s Mercosur bloc are advancing toward a free‑trade agreement that could be signed by the end of the year, with another round of negotiations scheduled for next month in Brasilia, according to three sources familiar with the talks.
JBS posts flat Q4 profit on record sales but lower U.S. beef margins
Brazil’s JBS, the world’s largest meatpacker, reported a near-flat fourth-quarter net profit on Wednesday, as record revenue was offset by tighter margins, particularly in its U.S. beef business.