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OCP Group could begin shipping duty-free Moroccan phosphate fertilizer to the United States within days, a move USDA says could lower fertilizer costs for U.S. farmers.
Monsanto withdrew its petition seeking antidumping duties on Chinese glyphosate imports after farm groups strongly criticized the move as harmful to struggling farmers.
House Republicans approved a budget blueprint authorizing up to $12 billion in farm aid, sending spending instructions to the House Agriculture Committee as the measure heads toward a House floor vote next week.
The Trump administration announced new tariffs on Brazilian products on Wednesday, but excluded some key agricultural products such as beef and coffee. Brazilian ethanol will face a tariff; however, Brazil hasn't been exporting ethanol to the U.S. for the past two years.
