Archer-Daniels-Midland posted its lowest second-quarter profit in five years on Tuesday as U.S. trade upheaval and uncertainty around biofuel policies slowed sales and crimped trading and crop processing margins.

ADM Q2 profit falls to 5-year low amid trade turmoil

Canada’s trade deficit widened to C$5.9 billion in June
Canada's merchandise trade deficit widened in June to C$5.9 billion as imports grew faster than exports due to a one-time high-value oil equipment import, data showed on Tuesday.

Bayer adds $1.9 billion to Roundup litigation reserves, raises 2025 sales forecast
Bayer said on Thursday it had set aside an additional 1.2 billion euros (C$1.9 billion) in provisions to address ongoing litigation in the United States over weed killer Roundup.

Proposed Canada-U.S. trade deal could still be weeks away, says Ottawa
Trump increases tariff on Canada to 35 per cent from 25 per cent, cites fentanyl
A proposed U.S.-Canada trade deal could still be weeks away, Ottawa's chief negotiator said on Friday, a day after U.S. President Donald Trump imposed higher tariffs on imports from Canada.

U.S. billionaire supports embattled B.C. ostrich farm
A New York City-based businessman is financially supporting the owners of an ostrich farm in British Columbia as they dispute an order from the Canadian Food Inspection Agency to cull the birds.

Canola council cuts field agronomy team
Move is part of the council’s ‘refreshed strategic framework’
The Canola Council of Canada is cutting its agronomy team as part of a 'refreshed strategic framework'

French court finds complaint brought by family in Bayer glyphosate case inadmissible, media says
A French court ruled on Thursday that a complaint brought by a family against Bayer claiming their son's disabilities were the result of his mother’s exposure to glyphosate when pregnant was inadmissible, local media reported.

U.S. restaurants lobby against tariffs ahead of Aug. 1 deadline
Legality of Trump’s ‘reciprocal’ tariffs questioned in Washington appeals court
Ahead of the August 1 tariff deadline, an American restaurant group has sent a letter to U.S. trade representative Jamieson Greer expressing concerns and urging for continued exemptions under the CUSMA trade agreement. Legality of Trump’s ‘reciprocal’ tariffs questioned in Washington appeals court.

Federal agriculture committee chair Coteau says he’s eyed the ag file for years
The Toronto MP says he hopes to bring the agriculture sector’s importance to the forefront
Michael Coteau says he is excited to take on the role of Chair of the House of Commons Standing Committee on Agriculture and Agri-Food despite urban background.

Foodgrains Bank sounds alarm on slow progress in addressing global hunger
Number of people facing hunger fell in 2024, but war and food costs continue to drive insecurity
The number of hungry people in the world declined in 2024 for the first time since the COVID-19 pandemic, according to a recent UN report, but progess has been too slow says the Canadian Foodgrains Bank.