Agriculture
Trump-Xi meeting nears with high stakes and hopes, but few details
Chinese President Xi Jinping and U.S. President Donald Trump Sergey Bobylev | Kent Nishimura | Reuters A high-stakes meeting between President Donald Trump and Chinese President Xi Jinping could yield a breakthrough in the quarrelsome trade relationship between the two economic superpowers. But while both the Trump administration and Beijing are projecting optimism ahead of […]
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Ray Dalio, JPMorgan back billion-dollar berry farmer Fruitist in new $150 million funding round
Fruitist, the healthy snacking company known for its jumbo blueberries, has raised $150 million in an equity funding round led by new investor J.P. Morgan Asset Management, with billionaire Ray Dalio’s family office doubling down on its existing investment in the farming startup. The company, valued at over $1 billion, is growing distribution rapidly in […]
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China buys three U.S. soybean cargoes ahead of Trump-Xi meeting, Reuters reports
China’s state-owned COFCO bought three U.S. soybean cargoes this week, two trade sources said. Bloomberg | Bloomberg | Getty Images China’s state-owned COFCO bought three U.S. soybean cargoes this week, two trade sources said, the country’s first purchases from this year’s U.S. harvest ahead of this week’s summit of leaders Donald Trump and Xi Jinping. COFCO purchased about 180,000 metric tons of soybeans for December and January shipment through […]
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Scott Bessent says he’s ‘felt this pain’ from China because ‘I’m actually a soybean farmer’
Treasury Secretary Scott Bessett said Sunday he, too, has “felt pain” from China refusing to buy U.S.-grown soybeans during a trade conflict with President Donald Trump because “I’m actually a soybean farmer.” Bessent’s comment came during an interview with ABC News’ “This Week,” where he said that trade negotiations with China in the past two […]
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Trump says U.S. cattle ranchers ‘don’t understand’ tariffs after some slam Argentine beef plan
Ranchers Duke Phillips III, prepares to rope a calf during the final branding at Chico Basin Ranch in Hanover, Colorado on June 29, 2024. Helen H. Richardson | MediaNews Group | The Denver Post | Getty Images President Donald Trump on Wednesday said U.S. cattle ranchers “don’t understand” how they have benefitted from his tariffs, […]
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Nebraska GOP Sen. warns Trump buying beef from Argentina will hurt U.S. ranchers
Sen. Deb Fischer (R-NE) questions U.S. Secretary of Commerce Howard Lutnick during a Senate Appropriations Committee hearing in the Dirksen Senate Office Building on Capitol Hill on June 04, 2025 in Washington, DC. Andrew Harnik | Getty Images Republican Sen. Deb Fischer of Nebraska on Tuesday warned President Donald Trump that his proposal for the […]
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Why U.S. cattle ranchers say Trump’s Argentine beef import talk is no solution to domestic food supply threat
Cattle detained in the pens of the Chihuahua Regional Livestock Union , at the Jeronimo-Santa Teresa border crossing in Ciudad Juarez, Mexico on November 27, 2024, after the United States stopped imports of Mexican cattle due to the presence of screwworm. Anadolu | Anadolu | Getty Images Cattle ranchers in Texas and around the country […]
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Cocoa prices plunge to 20-month low — but investment banks warn ‘extreme’ sell-off could create problems
A farmer cutting a cocoa pod to collect the beans inside on a farm in Azaguie, Ivory Coast, on Friday, Nov. 18, 2022. Bloomberg | Bloomberg | Getty Images Cocoa’s winning streak is faltering after prices fell to an almost two-year low this week — but investment banks are warning the commodity has become “extremely […]
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India appears unfazed as trade deadline with the U.S. nears. Here’s why
US President Donald Trump and Indian Prime Minister Narendra Modi attend “Howdy, Modi!” at NRG Stadium in Houston, Texas, September 22, 2019. Saul Loeb | Afp | Getty Images As the window of opportunity for India to seal a trade deal with the U.S. closes on Aug. 1 — when tariffs are set to increase […]
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World’s largest olive oil producer warns U.S. consumers of a double whammy from Trump tariffs
Bottles from the Spanish cooking and extra virgin olive oil brand Carbonell are seen displayed for sale at a supermarket. Sopa Images | Lightrocket | Getty Images Spain’s Deoleo, the world’s largest olive oil producer, says U.S. President Donald Trump’s threat to impose 30% tariffs on imports from the European Union could translate into higher […]
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