World

Argentine soy, corn sowing slowed by driving rains

Key Argentine corn and soy areas have been drenched by storms this month, keeping some fields under water and delaying planting while toxic fungus, bred by the excessive moisture, moves in on wheat fields. FULL STORY »

CME: Russia's impact on U.S. meat exports

“Have fun with that!” That was the response from a Brazilian friend a few years ago when we mentioned that Russia was a growth market for U.S. pork exports. FULL STORY »

Russia may halt US beef, pork imports

U.S. pork and beef exports to Russia could halt on Saturday following Moscow's requirement that the meat be tested and certified free of the feed additive ractopamine, a move analysts said smacked of political retaliation. FULL STORY »

Farm investments need to rise to beat hunger

Investment in agriculture must increase substantially to reduce hunger in a world struggling with high and volatile food prices, the United Nations food agency said in a report on Thursday. FULL STORY »

CME: Clock ticking on COOL rules

The clock is finally and officially ticking on U.S. policymakers regarding mandatory country-of-origin labeling (COOL) laws. The challenge for American officials is to figure out just how to change the current U.S. rules to meet the World Trade Organization (WTO) ruling. FULL STORY »

Global grain reserves tighten even as food prices fall

Global food markets face further volatility in 2013 as stocks and supply of key cereals have tightened, the United Nations food agency said on Thursday, even as world food prices fell for a second month in November to their lowest since June. FULL STORY »

U.S. Senate nears vote on Russia trade, rights bill

The U.S. Senate is expected to approve a bill this week to upgrade trade relations with Russia and to penalize Russian human rights violators, sending it to President Barack Obama to sign into law, congressional aides said on Tuesday. FULL STORY »

USMEF: Don’t lose faith in Korea-U.S. FTA

With exports of both U.S. beef and pork to South Korea being lower than in 2011, some observers may question whether the Korea-U.S. Free Trade Agreement – which took effect in March – is living up to its promises. FULL STORY »

WTO: U.S. COOL laws must change by May 23

The United States must bring its country-of-origin labeling (COOL) laws into compliance with an earlier World Trade Organization (WTO) ruling by May 23, 2013, according to a WTO decision announced Tuesday. The ruling was made as a result of complaints by Canada and Mexico that the U.S. law lacked fairness. FULL STORY »

U.S. presses Russia, Ukraine on trade concerns

U.S. Trade Representative Ron Kirk has urged Russia to keep its market open to U.S. meat products and expressed hope the U.S. Senate would soon pass a bill upgrading trade relations between the two countries, his office said. FULL STORY »

Rain delays planting in Argentina

As of last Thursday, the Argentine government said 58 percent of the soybean crop had been planted, lagging last season's seeding tempo by 8 percentage points. Growers had planted 63 percent of their corn by Thursday, lagging last year's pace by 10 percent, it said. FULL STORY »

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