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Obama Administration Working to Reform International Food Aid
Divided EU Likely To Scrap Sugar Quotas In 2017-2018
EU sugar quotas, originally set to end in 2015, will get only a limited reprieve in the current round of agricultural reforms and their demise is now expected in 2017 or 2018. German Farmers Want Food Export Limits In U.S./Eu Food Free Trade
A planned free trade agreement between the European Union and United States should not completely liberalise agricultural trade, the president of the association of German farmers' association DBV said on Tuesday. U.S. EU Trade Talks Face Difficult Food Trade Issues
As President Obama seeks giant free trade agreements with Asia and with the European Union, food trade issues are expected to present difficulties. January U.S. Import Price Index Up 0.6 Percent
The U.S. Department of Labor Reported a 0.6 percent increase on prices paid for imported goods in January. Analysts had predicted 0.7% increase for the previous month. US, EU Wheat Price Drop Improves Prospect of Sales to Russia
A fall in wheat prices in the United States and Europe to the lowest levels in seven months has improved the prospects of sales to Russia, traders and analysts said. Yum Brands Takes Hit After Earnings Call, KFC China Poor Outlook
David Novak, CEO of Yum Brands, Inc., admitted a “poultry supply chain” issue in China as he spoke with investors today. Tyson Foods Boosted By Exports, Reveals Value-Added Future in Earnings Call
Tyson Foods was cautiously optimistic about its near-term prospects during an earnings call Friday, as it revealed a strategy to better supply the foodservice industry. Indonesia Uncertain About U.S.-Supported TPP, Others Considering
Indonesia has expressed reticence towards joining the Trans-Pacific Partnership (TPP), as the next development meeting looms a month away. U.S. Trade Representative Ron Kirk To Quit End of February
Ron Kirk, who serves as United States Trade Representative, will step down at the end of this month. He was in charge of planning and advising American trade policy to President Barack Obama. European Commission Recommends Anti-Dumping Measures Against U.S. Biofuels
Anti-dumping duties of 9.5 percent on U.S. biofuels have been recommended by the European Commission, the executive body of the European Union. Ethanol imports were found to negatively affect the EU bioethanol industry. U.S. Trade Deficit Grows, Food Exports Decrease
The U.S. notched a 15.8 percent higher trade deficit in November, with exports worth $182.6 billion versus imports of $231.3 billion. All told, the goods and services deficit was $48.7 billion compared with $42.1 billion in October. Russia's U.S. Meat Import Ban Begins February 11
Meat from the United States is set to be barred from Russia, due to usage of a drug in cattle feed. Ractopamine, as the substance is called, helps to promote lean meat development in livestock. Japan Easing Decade-Long Ban on American Beef Imports
A ban on U.S. beef imports in place since "mad cow disease" outbreaks in 2003 has been eased by the Japanese Ministry of Agriculture, Forestry and Fisheries. The change will take effect on Monday, January 28. Russia Helps Farmers, Consumers By Allowing Grain Exports
Russia's decision not to ban grain exports after another poor harvest shows its leaders recognize that the embargo imposed after the failed 2010 crop was a mistake.
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