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Del Monte Closes Last Plant and Trump Reduces Tariffs on India
The Agribusiness Update
California farmers suffer major setback as Del Monte announced plans to close its only remaining cannery in the state, and President Trump says the U.S. will cut tariffs on Indian goods to 18% after India agreed to stop purchasing Russian crude oil.
Bayer Loses 4th Straight Roundup Suit and Deere Quarterly Sales Down
The Agribusiness Update
Bayer faces a payout of $1.56 billion after a Missouri jury finds in favor of the plaintiffs in fourth straight Roundup lawsuit, and John Deere sales in the fourth quarter fell year-over-year, though the earnings did increase.
US Wheat Association Closing Cairo Office, Dairy In NAFTA Talks
The Agribusiness Update
US Wheat Association closing Cairo office, and dairy talks with Canada lagging at NAFTA renegotiations.
U.S. Beef Roadshow in China and Gene Editing Debate
The Agribusiness Update
U.S. Beef Roadshow in China called a huge success, and Monsanto tech lead says gene editing better than genetic modification.