The restructuring reflects an ongoing focus to balance cost discipline with reinvestment in areas critical to its future, the company says. Restructuring charges are estimated in the range of $20 million to $25 million.

The White House says China will buy 12 MMT of U.S. soybeans in late 2025 and 25 MMT annually through 2028, plus resume U.S. sorghum and hardwood log imports, clearing confusion over comments from Secretary Bessent.

President Trump and President Xi Jinping of China reached a trade and economic deal that includes suspending retaliatory tariffs set in March.

This endowed scholarship program will award three $5,000 scholarships annually, two to undergraduate students and one to a graduate or professional track student. The program is expected to continue for the next 40 years.

USMCA has been a boon for the American meat, livestock and poultry sector, along with the broader American food and agriculture economy and ancillary industries, The Meat Institute says in comments to the USTR.

As funding for activism grows, it’s more important than ever for those of us in the farm and food community to share our own stories. If we don’t speak up about what really happens on farms, we risk letting activists tell that story for us.