Latest news with #USFarmers
Bloomberg
03-07-2025
- Business
- Bloomberg
India May Allow GM Animal-Feed Imports From US in Trade Deal
India may allow imports of some processed, genetically modified US farm products as it seeks to strike a trade deal with Washington, a potential concession after New Delhi opposed inflows of GM corn and soybeans. Authorities may agree to inbound shipments of some products used in animal feeds, such as soybean meal and distillers dried grains with solubles, a byproduct of corn-based ethanol production, according to people familiar with the matter, who asked not be identified as the information isn't public.
Bloomberg
29-05-2025
- Business
- Bloomberg
Farmers Press Trump for Biofuels Boost to Counter Tariff Losses
By , Alicia Diaz, Erin Ailworth, and Ilena Peng Save After losing their biggest export market due to Donald Trump's trade wars, US farmers are now counting on the president's support for biofuels to prevent their next crop from piling up in storage. The administration is set to soon unveil a plan for how much crop-based biofuels will be blended into fossil fuels starting next year. A higher mandate, still opposed by some in the oil industry, would create a much needed outlet for crops after tariffs hit China — the top commodities buyer simply has no orders for corn, soybeans or wheat from the next harvest on its books, according to the US Department of Agriculture.
