international trade deals

In harsh year, U.S. crop acreage shrinks 5 percent

The rainiest spring in a quarter-century slowed the planting season and helped limit U.S. farmers to their smallest crop area in five decades, said the government in assessing 2019 production. Early snowfall and icy autumn weather prevented growers from harvesting more than 600 million bushels of corn, and the USDA said it would update estimates of corn and soybean supplies, if warranted, "once producers are able to finish harvesting remaining acres."

In three-way NAFTA talks, it may be none for all

Canadian government sources say Ottawa will defend its interests first and may not be able to help Mexico during the NAFTA renegotiations demanded by President Trump, reported Reuters. It quoted a source on the sidelines of a cabinet retreat as saying, "Our national interests come first and the friendship comes second."