The U.S. Department of Commerce has reached an agreement with the Mexican government and sugar producers to suspend the antidumping and countervailing duty cases against Mexican sugar imports. The deal is causing cautious optimism among sugar producers and criticism from sugar users.
More than half of food tested by the U.S. government for pesticide residues last year showed detectable levels of pesticides, though most were within levels the government considers to be safe, according to a report issued Dec. 19 by the U.S. Department of Agriculture.
China has officially approved imports of a genetically modified Bayer CropScience soybean variety after seven years of review, the company says, raising expectations that approval notices will come soon for other grains.
China has officially approved imports of a genetically modified corn seed at the center of a string of lawsuits over U.S. grain shipments, seed firm Syngenta AG said on Monday, ending uncertainty after a five-year review.
South Korea has suspended imports of U.S. poultry and poultry products because of an outbreak of bird flu in the U.S., the Agriculture Ministry said in a statement on Dec. 21.
The suspension comes as South Korea is struggling to contain its own outbreak of bird flu in birds.
Slower grain sales because of slack prices has reduced complaints about slow commodity rail shipments, but the railroads are reporting persistent backlogs, and container shipments of agricultural and other products to key Pacific Northwest ports are worse than ever, officials say.
WASHINGTON — President Barack Obama on Dec. 16 signed the omnibus appropriations bill, guaranteeing funding to run most of the government through Sept. 30. But the bill also contains policy riders that will prevent Agriculture Secretary Tom Vilsack from proceeding with a second beef checkoff.
Wheat traded higher on the week. For the week ending Dec. 18, March Minneapolis gained 40.25 cents, March Chicago gained 48.75 cents and March Kansas City gained 49.5 cents. As of 9 a.m. Dec. 19 wheat trade was 6 to 14 cents lower.
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