International Trade

U.S. crude’s second-month premium to first hits 5-month low

Reuters | May 29, 2015 | Energy | International Trade

The premium for U.S. crude oil’s nearest contract to prompt delivery hit its lowest in five months on Friday, indicating concerns of oversupply. Read More »

EU lawmakers back arbitration in US trade deal

Reuters | May 28, 2015 | International Trade

European lawmakers supported including investor arbitration in a free-trade deal with the United States, a breakthrough on one of the biggest obstacles to a transatlantic accord. Read More »

Majority of Americans back new trade deals

Reuters | May 28, 2015 | International Trade

A majority of Americans support new trade deals, a Reuters/Ipsos poll showed, even as President Barack Obama struggles to win support for legislation key to sealing a signature Pacific Rim trade agreement. Read More »

Sanderson Farms CEO sees more pressure on chicken prices

Reuters | May 28, 2015 | International Trade

Sanderson Farms Inc, the third-largest U.S. poultry producer, said lower prices for boneless breasts and bulk leg quarters contributed to softer-than-expected net sales and profit last quarter and warned that a production ramp-up could leave processors with more birds than they can handle this fall. Read More »

Food supply fears whet appetite for Dutch farm technology

Reuters | May 28, 2015 | International Trade

From the rooftops of Amsterdam to the expanses of Kazakhstan, Dutch technology is helping food producers to meet the needs of both gourmets and growing populations facing uncertain supplies. Read More »

Fractured EU parliament seeks unity on US trade deal

Reuters | May 28, 2015 | International Trade

The European Parliament will seek to support a trade deal with the United States in two crucial votes, but the issue of how companies settle disputes will remain the pact's Achilles heel, a senior EU lawmaker said. Read More »

Mexico working hard to prevent new outbreaks of bird flu

Reuters | May 28, 2015 | International Trade

Mexico is working hard to prevent outbreaks of a bird flu epidemic that has stricken the U.S. poultry and egg industry in recent months, a senior Mexican agriculture ministry official said. Read More »

Brazilian meat exporters hit by Russian ban

Reuters | May 28, 2015 | International Trade

Russia has banned the import of meat from 10 Brazilian processing plants starting on June 9, the Russian news agency Interfax said, weakening shares of Brazil's big beef exporters JBS SA and Marfrig SA. Read More »

Argentine soyoil union optimistic on nearing deal to end strike

Reuters | May 28, 2015 | International Trade

The head of an Argentine soy crushers’ union expressed optimism on Thursday that a salary agreement was near and would end its strike, which has affected the key Rosario soy market. Read More »

Renewables’ share of U.S. energy consumption highest since 1930s

AJOT | May 28, 2015 | Energy | International Trade

The U.S. Energy Information Administration’s latest “Today in Energy” brief looks at the growth of renewables as a share of U.S. energy consumption. Read More »

New EPA Clean Water Act Rule Will likely lead to delays in transportation improvement projects

AJOT | May 28, 2015 | International Trade

ARTBA Says Legal Options Are on the Table Read More »

Amazon offers limited free shipping on same-day delivery orders

Reuters | May 28, 2015 | International Trade

Amazon.com Inc said on Thursday it will offer limited free same-day delivery under its Prime shipping service as retailers try to outdo each other on delivery deals, and expanded the service to San Diego and the Tampa Bay Area. Read More »

Fortescue tie-up with a China steel group makes sense-official

Reuters | May 28, 2015 | International Trade

Debt-heavy Australian iron ore miner Fortescue Metals Group could find willing investors in Chinese steel mills anxious to ensure multiple sources of supply for the raw material, a senior Chinese government official said on Thursday. Read More »

Chile exporters fret as customs strike stretches on

Reuters | May 27, 2015 | International Trade

A customs strike in Chile that began last week has started to affect exports and imports, although miners in the top copper producer said this week they have not yet been significantly impacted. Read More »

Brazil petroleum group suggests changes to national-content rules

Reuters | May 27, 2015 | Energy | Maritime | International Trade

Brazil’s national oil-industry association, IBP, released a list of suggestions for regulatory changes on Monday that it hopes will boost exploration activity in the wake of falling oil prices, high costs, delays and a graft scandal at state-run oil company Petrobras. Read More »

Sony mobile exec: pricing tweaks, cost cuts to cope with dollar’s rise

Reuters | May 27, 2015 | International Trade

The head of Sony Corp’s loss-making mobile telecoms unit plans to tweak handset prices and cut costs if need be to absorb the dollar’s sharp rise versus the yen, citing currency shifts as a bigger potential threat to the Japanese electronics maker’s efforts to turn the business around than competition. Read More »

Pacific free-trade talks ‘in the end-game’

Reuters | May 26, 2015 | International Trade

The United States is optimistic a deal to set up a free trade zone across the Pacific will be concluded soon, with sensitive issues likely to be ironed out when its Congress resumes sessions, the top U.S. trade official said. Read More »

Mexico factory exports, consumer imports climb in April

Reuters | May 26, 2015 | International Trade

Mexican factory-made exports rose in April for a second month in a row, signaling that stronger U.S. demand could support more robust growth in Latin America's No. 2 economy. Read More »

Japan to import more butter as shortage worsens

Reuters | May 26, 2015 | International Trade

Japan will turn to overseas markets for the second time in a year to meet a worsening butter shortage, which may lead to higher prices for consumers due to tariffs that protect local producers of the basic cooking and baking ingredient. Read More »

L’Oreal to reduce prices in China after import tariff cut

Reuters | May 26, 2015 | International Trade

L'Oreal SA will reduce prices of most of its imported products in China to encourage domestic consumption, the French cosmetics giant said, after China promised to slash import tariffs on goods including skincare products. Read More »