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Food Products Agricultural Producers

  • *Rapeseed oil, soyoil pouring into China markets. KUALA LUMPUR, May 24- Palm oil demand from China, the world's No.2 importer of the commodity, is set to drop in coming months as supplies of alternative edible oils flood local markets, industry sources said. "The number of cargoes to China for June to August is very low... badly below normal, maybe less than 100,000 tonnes a...

  • SAO PAULO/ WASHINGTON, May 19- The brothers whose deft dealmaking helped build JBS SA into the world's No. 1 meat processor are testing that talent like never before as they seek a leniency deal with prosecutors after admitting to paying millions of dollars in bribes to Brazilian politicians. The 44- year old led the company's rapid expansion through U.S....

  • BEIJING, May 19- China's beleaguered sugar producers are hoping for a taste of victory next week as Beijing prepares to deliver its verdict on sugar import duties and intensifies a crackdown on rampant smuggling along ancient trade routes. On Monday, China's Commerce Ministry will issue its first ruling on a months-long investigation into raw and refined...

  • President Donald Trump's administration to tell Congress early next week of plans to renegotiate the North American Free Trade Agreement, a move that would produce talks by late August. "Probably the notification will be sent to Congress by the U.S. executive at some time early next week," Guajardo told Mexican media on Tuesday a day after meetings in Washington...

  • President Donald Trump's administration to tell Congress early next week of plans to renegotiate the North American Free Trade Agreement, a move that would produce talks by late August. During the 2016 U.S. election campaign, Trump vowed to scrap the 1994 deal between the United States, Canada and Mexico if he cannot adjust it to benefit U.S. interests.

  • *Latest round of talks will continue- Mexico sugar chamber. MEXICO CITY, May 15- U.S. Ross and Mexican Economy Minister Ildefonso Guajardo agreed to continue "open dialogue" over the coming days, Mexico's economy ministry said in a statement, but it was unclear when the delegations would next meet.

  • *Latest round of talks will continue- Mexico sugar chamber. MEXICO CITY, May 15- No progress was made in a dispute over sugar exports between Mexico and the United States in Washington on Monday, though the latest round of talks will continue, the head of Mexico's sugar chamber said. Mexico and the United States previously set a June 5 deadline for ending an impasse...

  • LAS CRUCES, N.M.— The New Mexico company that recalled more than 252,000 pounds of frozen burritos because of possible listeria contamination says they're relocating. The U.S. Department of Agriculture on Saturday announced the Green Chile Food Company recall for various frozen burritos containing meat and poultry, after a routine sample of a beef and potato...

  • PEARL, Miss.— A Pearl, Mississippi- based business is recalling about 130,071 pounds of meat and poultry frozen entree products which included a non-meat ingredient that was recalled due to Listeria monocytogenes. Listeriosis can cause fever, muscle aches, headache, stiff neck, confusion, loss of balance and convulsions sometimes preceded by diarrhea or other...

  • BEIJING, May 12- Wilmar International Ltd said on Thursday it would consider listing its operations in China, its biggest market, as part of a major restructuring following the release of its quarterly results. The world's largest palm oil processor first entered China in 1993 through a joint venture with Top Glory Holding Co. In a 2016 annual report, it said it...

  • President Donald Trump (L) and China's President Xi Jinping shake hands while walking at Mar-a-Lago estate after a bilateral meeting in Palm Beach, Florida, April 7, 2017.

    The U.S. and China will expand trade in beef and chicken and increase access for financial firms, U.S. Commerce Secretary Ross said Thursday.

  • *Q1 profit $361.6 mln vs year ago $239.4 mln. According to its annual report, Wilmar is the top edible oils refiner as well as speciality fats and oleochemicals manufacturer in China, where it is also among the largest flour and rice millers. China is the company's biggest market by revenue, where it also sells edible oils, grains and noodles under its brands.

  • SAO PAULO, May 10- JBS SA, the world's largest meat processor, may postpone the New York listing of a global food processing unit originally expected for the second quarter because of lukewarm investor feedback after a scandal in Brazil, two people with knowledge of the situation said. The scandal broke weeks before JBS was due to launch the initial public...

  • SAO PAULO, May 10- JBS SA, the world's largest meat processor, may postpone the New York listing of a global food processing unit originally expected for the second quarter because of lukewarm investor feedback after a scandal in Brazil, two people with knowledge of the situation said. The scandal broke weeks before JBS was due to launch the initial public...

  • MEXICO CITY, May 9- A tough U.S. proposal on bilateral sugar trade with Mexico sets a bad precedent for an impending renegotiation of the North American Free Trade Agreement, the head of Mexico's sugar chamber, Juan Cortina, said on Tuesday. President Donald Trump seeks to renegotiate the NAFTA pact with Mexico and Canada and to build a wall on the U.S.-Mexican...

  • President Donald Trump seeks to renegotiate the North American Free Trade Agreement pact with Mexico and Canada and build a wall on the U.S.-Mexican border and have Mexico pay for it. Mexico and the United States last week extended a deadline to June 5 to reach an agreement on how much Mexican refined and crude sugar can enter the United States.

  • May 8- Tyson Foods Inc, the No. 1 U.S. meat processor, reported a 21.3 percent slump in quarterly profit as a fire at two of its plants in the period disrupted chicken production, hurting sales at the company's second-biggest business. Net income attributable to Tyson declined to $340 million, or 92 cents per share, in the second quarter ended April 1, from $432 million,...

  • In a statement, Ross said the Commerce Department notified Mexico's government that the United States intended to resume collection of anti-dumping and anti-subsidy duties on sugar imports starting June 5 unless an agreement is reached. "While I regret that such measures were needed, it is my hope that Mexico and the United States can reach a fair agreement...

  • The letter on Monday was sent by Ronald Lorentzen, acting assistant secretary for enforcement and compliance with the Commerce Department, to Juan Cortina Gallardo, president of Mexico's sugar chamber. Termination of the agreement would result in large anti-dumping tariffs being slapped on sugar imports from Mexico. The latest twist in the sugar trade...

  • The letter on Monday was sent by Ronald Lorentzen, acting assistant secretary for enforcement and compliance with the Commerce Department, to Juan Cortina Gallardo, president of Mexico's sugar chamber. The latest twist in the sugar trade dispute between Mexico and the United States comes as ties between the two nations have frayed under U.S.