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Food Products Agricultural Producers

  • Commerce Secretary Wilbur Ross on Monday extended the deadline for sugar trade negotiations between the United States and Mexico by 24 hours, saying extra time was needed to complete "final technical consultations" for a deal. "The two sides have come together in quite meaningful ways, but there remain a few technical details to work out," Ross said in a statement...

  • MEXICO CITY, June 5- The U.S. and Mexican governments reached a deal in a dispute over trade in sugar on Monday, sources said, averting steep U.S. duties and Mexican retaliation by Mexico on imports of American high-fructose corn syrup ahead of the renegotiation of NAFTA. They are seen as a precursor as well as significant hurdle to the more complex discussions on...

  • MEXICO CITY, June 5- The U.S. and Mexican governments reached a deal in a dispute over trade in sugar on Monday, sources said, averting steep U.S. duties and Mexican retaliation by Mexico on imports of American high-fructose corn syrup ahead of the renegotiation of NAFTA. They are seen as a precursor as well as significant hurdle to the more complex discussions on...

  • In the closely watched case, Beef Products Inc claims ABC, a unit of Walt Disney Co, and its reporter Jim Avila, defamed the company by calling its ground-beef product pink slime and making errors and omissions in its reporting. "That success took about 30 years to succeed and it took ABC less than 30 days to severely damage the company," the attorney, Dan Webb, said in...

  • MEXICO CITY, June 5- The United States and Mexico reached an agreement in a dispute over trade in sugar on Monday, sources said, averting steep U.S. duties and retaliation by Mexico on imports of American high-fructose corn syrup ahead of the renegotiation of NAFTA. The agreement clears away a significant hurdle to the renegotiation of the North American Free...

  • In the closely watched case, Beef Products Inc. claims ABC, a unit of Walt Disney Co., and its reporter Jim Avila, defamed the company by calling its ground-beef product pink slime and making errors and omissions in its reporting. But during a January court hearing, a BPI lawyer, Erik Connolly, said ABC broadcasts and online reports about "lean finely textured beef"...

  • In the closely watched case, Beef Products Inc. claims ABC, a unit of Walt Disney Co., and its reporter Jim Avila, defamed the company by calling its ground-beef product pink slime and making errors and omissions in its reporting. But during a January court hearing, a BPI lawyer, Erik Connolly, said ABC broadcasts and online reports about "lean finely textured beef"...

  • NEW YORK, June 4- Soda giant Coca-Cola Co and major corn syrup makers have joined the political battle against the U.S. sugar industry in recent weeks, as the deadline to hammer out a years-long trade dispute with Mexico nears. They warned against potential fall-out for their industries if the United States and Mexico cannot agree to a new trade pact and avert...

  • MEXICO CITY, June 1- The United States and Mexico have moved closer to a deal in talks over a prolonged sugar trade dispute, but there is no guarantee that an accord will be reached, Mexico's Economy Minister Ildefonso Guajardo said on Thursday. The ongoing spat is hanging over the upcoming start of talks between Mexico, the United States and Canada to renegotiate...

  • *China soybean crushers losing money on processing. SINGAPORE/ BEIJING, May 31- China's soybean importers are pushing to postpone or cancel cargoes mainly ordered from suppliers in Brazil as they rack up hefty losses processing the commodity into cooking oil and animal feed ingredients, said three trade sources. China, which buys around 60 percent of soybeans...

  • *Conagra to sell Wesson brand for about $285 mln. May 30- Packaged food maker Conagra Brands Inc said on Tuesday it would sell its Wesson cooking oil brand to Folgers coffee maker J. M. Smucker Co for about $285 million. Smucker's oils manufacturing facility in Cincinnati, Ohio.

  • May 30- Packaged food maker Conagra Brands Inc said on Tuesday it would sell its Wesson cooking oil brand to Folgers coffee maker J. M. Smucker Co for about $285 million. Smucker's oils manufacturing facility in Cincinnati, Ohio. Smucker Chief Executive Mark Smucker said in a statement.

  • May 30- Packaged food maker Conagra Brands Inc said on Tuesday it would sell its Wesson cooking oil brand to Folgers coffee maker J. M. Smucker Co for about $285 million. Smucker's oils manufacturing facility in Cincinnati, Ohio. Smucker Chief Executive Mark Smucker said in a statement.

  • May 30- Folgers coffee maker J. M. Smucker Co said it would buy packaged food maker Conagra Brands Inc's edible oil brand, the Wesson, for about $285 million. J. M. Smucker expects the deal to add about 10 cents per share to its adjusted earnings in the first full-year after close. Smucker's oils manufacturing facility in Cincinnati, Ohio, the company said on Tuesday.

  • BEIJING, May 25- China's recent decision to impose extra tariffs on sugar imports would help maintain a fairer market and trade, the Chinese commerce ministry said on Thursday, its first comment on the safeguards announced earlier this week. Brazilian sugar exports to China could fall around 800,000 tonnes in the next 12 months as a result of China's higher...

  • *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.