Reading Time: < 1 minute Canadian grain exporters may get a boost from Washington’s “deteriorating relationship” with China, CoBank says in its 2023 outlook. A number of trade disputes as well as tensions over Taiwan are spilling into the grain sector, the lender said in its outlook. “China has made it clear that it would like to minimize its dependence […] Read more
Canadian grain exporters could see advantage
Northern California deluge’s current rainfall level expected again
Flood risk to continue into next week
MarketsFarm — While the deluge of rain over northern California took a day’s break on Tuesday, agricultural meteorologist Drew Lerner of World Weather Inc. said the heavy precipitation would soon resume. Following the worst drought in California history, the state has been receiving very intense precipitation that’s brought flooding to its northern areas. “It will […] Read more
Mexico says it aims for agreement with U.S. on GM corn in January
U.S. officials threatening action under CUSMA pact
Mexico City | Reuters — Mexico and the United States aim to reach an agreement in January over a pending Mexican ban on imports of genetically modified (GM) corn, the Mexican foreign ministry said on Friday after officials from the two countries held talks in Washington. In a statement, the ministry said talks would continue […] Read more
U.S. lawmakers call for action over Mexico’s GM corn ban
Mexico says it's working on revisions
Mexico City | Reuters — A group of bipartisan U.S. lawmakers called on Trade Representative Katherine Tai on Friday to start consultations under the Canada-U.S.Mexico trade agreement (CUSMA) over Mexico’s ban on genetically modified (GM) corn and the herbicide glyphosate. The letter signed by 24 members of Congress and led by Republican Representative Adrian Smith […] Read more
USDA supply/demand estimates show only minor updates
MarketsFarm — Updated supply-and-demand (WASDE) tables from the U.S. Department of Agriculture included only minimal adjustments to the U.S. and world numbers, with larger revisions likely in the New Year. U.S. soybean and wheat ending stocks projections for the current marketing year were left unchanged, while the corn number was raised slightly. Total U.S. corn […] Read more
Mexico to rework decree on GM corn, economy minister says
GM corn, glyphosate bans now due to take effect in 2024
Mexico City | Reuters — Mexico has offered to extend a deadline to ban genetically modified (GM) corn until 2025 and is working on a proposal to overhaul its plan, Economy Minister Raquel Buenrostro said on Wednesday. Buenrostro said President Andres Manuel Lopez Obrador had told the U.S. Mexico could delay the contentious GM corn […] Read more
Huawei executive’s U.S. bank fraud charges to be dismissed
Charges remain against company itself
Reuters — U.S. prosecutors on Thursday asked a judge to dismiss bank fraud and other charges against Meng Wanzhou, the chief financial officer of China’s Huawei Technologies, whose 2018 arrest strained relations between the U.S. and China. Meng struck a deal with the prosecutors last year for the charges against her to be dismissed on […] Read more
Biden administration makes case for quick Senate vote to avoid rail shutdown
Bill imposing deal on workers clears House
Washington | Reuters — The Biden administration on Thursday urged the U.S. Senate to quickly pass a bill to block a railroad strike, warning that serious economic disruptions could be felt within days. The U.S. House of Representatives on Wednesday voted to approve a bill to impose a tentative contract deal reached in September on […] Read more
Mexico open to deal with U.S. on GMO corn
U.S. corn growers seek clarity over ban
Mexico City | Reuters — Mexican President Andres Manuel Lopez Obrador said on Tuesday he is seeking a deal with Washington after the United States threatened legal action over Mexico’s plan to ban genetically modified (GMO) corn in 2024. After meeting with Mexican officials on Monday, U.S. Secretary of Agriculture Tom Vilsack said Mexico’s decree […] Read more
U.S. avian flu outbreak of 2022 wipes out record number of birds
Vast majority of caseload originated with wild birds: USDA
Chicago | Reuters — Avian flu has wiped out 50.54 million birds in the United States this year, making it the country’s deadliest outbreak in history, U.S. Department of Agriculture data showed Thursday. The deaths of chickens, turkeys and other birds represent the worst U.S. animal-health disaster to date, topping the previous record of 50.5 […] Read more
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