49.8 F
New York
December 14, 2019
Home » Grains

Grains

Reuters - Business

Factbox: A lot of soy, a little rice – China’s historical U.S. agricultural purchases

Reuters
CHICAGO (Reuters) – The U.S. government said on Friday China would buy an additional $32 billion in U.S. farm goods over the next two years as part of an initial trade deal. FILE PHOTO: Soybeans in a field on Hodgen Farm in Roachdale, Indiana, U.S. November 8, 2019. Picture taken...
Reuters - Business

U.S.-China trade deal cuts tariffs for Beijing promise of big farm purchases

Reuters
WASHINGTON/BEIJING (Reuters) – The United States and China cooled their trade war on Friday, announcing a “Phase one” agreement that reduces some U.S. tariffs in exchange for what U.S. officials said would be a big jump in Chinese purchases of American farm products and other goods. Beijing has agreed to...
Reuters - Business

China says reached phase one deal with U.S., to cancel Sunday tariffs

Reuters
BEIJING (Reuters) – China and the United States have agreed on the text of a phase one trade deal, and Beijing has decided to cancel an earlier plan to impose additional tariffs on U.S. imports on Dec. 15, senior Chinese government officials said on Friday. The United States has promised...
Reuters - Business

How ethanol plant shutdowns deepen pain for U.S. corn farmers

Reuters
RACCOON TOWNSHIP, Ind./NEW YORK (Reuters) – When the U.S. ethanol industry was booming, Indiana farmer Paul Hodgen made good money selling about a quarter of his crop to a local facility that produced the corn-based fuel. FILE PHOTO: Corn rests on the ground on Hodgen Farm in Roachdale, Indiana, U.S....
Reuters - Business

High-stakes White House meeting expected Thursday to debate U.S.-China tariffs: sources

Reuters
WASHINGTON (Reuters) – U.S. President Donald Trump is expected to meet with top trade advisers on Thursday to discuss planned Dec. 15 tariffs on some $160 billion in Chinese goods, three sources familiar with the plans said, as markets braced for potential negative impacts. FILE PHOTO: U.S. President Donald Trump...
Reuters - Business

Trump will make final call on China tariffs, likes direction of talks: Kudlow

Reuters
WASHINGTON (Reuters) – Top White House economic adviser Larry Kudlow said on Friday that a Dec. 15 deadline is still in place to impose a new round of U.S. tariffs on Chinese consumer goods, but President Donald Trump likes where trade talks with China are going. FILE PHOTO: Director of...
Reuters - Business

Jared Kushner, Trump’s son-in-law, takes bigger role in China trade talks

Reuters
WASHINGTON (Reuters) – President Donald Trump’s son-in-law Jared Kushner has added another role to his long list of White House duties – U.S.-China trade negotiator – as Washington and Beijing try to reach an initial agreement to avoid new U.S. tariffs on Dec. 15. FILE PHOTO: White House senor adviser...
Reuters - Business

Grain trader Louis Dreyfus to cut costs in ongoing overhaul

Reuters
SAO PAULO/PARIS (Reuters) – Louis Dreyfus Company is making sweeping cost cuts, starting with travel, entertainment, hiring and salaries, as the 168-year-old agricultural commodities firm tries to revive dwindling profits. FILE PHOTO: Olympique de Marseille’s majority owner, billionaire businesswoman Margarita Louis-Dreyfus attends a news conference in the Velodrome Stadium in...
Reuters - Business

Timeline: A turbulent decade for grain trader Louis Dreyfus and its owner

Reuters
PARIS (Reuters) – Louis Dreyfus Co (LDC) has launched a sweeping cost-cutting plan in the latest attempt to revive profits at the 168-year-old family-owned firm, one of the world’s largest agricultural commodity merchants. FILE PHOTO: Olympique de Marseille’s majority owner, billionaire businesswoman Margarita Louis-Dreyfus attends a news conference in the...
Reuters - Business

Going whole hog: U.S. tells exporters to report pig carcass sales as China buying soars

Reuters
CHICAGO (Reuters) – The U.S. Department of Agriculture said on Monday that commodity exporters must disclose sales of hog carcasses, giving officials and traders more insight into a surge of Chinese pork buying that has roiled global meat markets. FILE PHOTO: Pigs are seen on a farm at a village...
Reuters - Business

France’s 5G spectrum to be sold at floor price of 2.17 billion euros: minister

Reuters
French Junior Economy Minister Agnes Pannier-Runacher poses after an interview with Reuters in Paris, France, October 15, 2019. REUTERS/Benoit Tessier PARIS (Reuters) – Frances’s 5G spectrum will be sold at a floor price of 2.17 billion euros ($2.4 billion), a minister said on Sunday, significantly more than the amount previously...
Reuters - Business

Little cheer for Beaujolais Nouveau as U.S. tariffs guzzle profits

Reuters
LYON, France (Reuters) – Beaujolais Nouveau wine lovers made merry as this year’s first bottles were uncorked, but producers faced the sobering truth of a dip in margins due to new tariffs imposed by the United States, their second biggest export market. A barman pours a glass of Beaujolais Nouveau...
Reuters - Business

‘Phase One’ U.S.-China trade deal may not be completed this year: trade sources

Reuters
WASHINGTON (Reuters) – Completion of a “phase one” U.S.-China trade deal could slide into next year, trade experts and people close to the White House say, as Beijing presses for more extensive tariff rollbacks, and the Trump administration counters with heightened demands of its own. FILE PHOTO: U.S. President Donald...
Reuters - Business

U.S. and China have significant differences ahead of trade talks Friday night

Reuters
WASHINGTON (Reuters) – Top U.S. and Chinese negotiators are seeking to narrow differences on an initial trade agreement during a Friday evening phone call, but remain split on key issues. FILE PHOTO: U.S. Secretary of Commerce Wilbur Ross attends the 25th anniversary of the establishment of the American Chamber of...
Reuters - Business

U.S. ‘getting close’ to trade deal with China: White house economic adviser

Reuters
FILE PHOTO: Director of the National Economic Council Larry Kudlow speaks to the media at the White House in Washington, U.S., September 6, 2019. REUTERS/Joshua Roberts/File Photo WASHINGTON (Reuters) – The United States is getting close to a trade agreement with China, White House economic adviser Larry Kudlow said on...
Reuters - Business

Trump threat of more China tariffs could hit consumer goods before Christmas

Reuters
WASHINGTON (Reuters) – U.S. President Donald Trump’s threat to jack up U.S. tariffs on Chinese goods if the world’s two largest economies fail to reach a trade deal could raise the price of cellphones, laptops, and toys less than two weeks before Christmas. FILE PHOTO: People watch the Christmas tree...
Reuters - Business

U.S. pork prices rise as fatal pig disease cuts global meat supply: Tyson Foods CEO

Reuters
CHICAGO (Reuters) – U.S. pork prices rose in recent weeks at a time when they would normally be falling, as a fatal pig disease in China is tightening global meat supplies, the chief executive of Tyson Foods Inc said on Tuesday. FILE PHOTO: Tyson foods Inc and Hillshire Brands Jimmy...
Reuters - Business

U.S. pork prices rise as fatal pig disease hits Asia: Tyson Foods CEO

Reuters
CHICAGO (Reuters) – U.S. pork prices have increased in recent weeks as a fatal pig disease in Asia is reducing global meat supplies, the chief executive of Tyson Foods Inc said on Tuesday, after the company posted lower-than-expected quarterly earnings. FILE PHOTO: Tyson foods Inc and Hillshire Brands Jimmy Dean...
Reuters - Business

Explainer: What a roll-back of Trump tariffs on Chinese goods may look like

Reuters
(Reuters) – The latest bargaining chip in U.S.-China negotiations to cool a 16-month-old trade war is whether President Donald Trump would roll back tariffs on hundreds of billions of dollars’ worth of Chinese imports, and how soon. FILE PHOTO: A 100 yuan banknote (R) is placed next to a $100...

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More