Bill Tomson

Drought is taking a higher-than-expected toll on Argentina’s corn and soybean farmers, according to the USDA, which cut production and export forecasts Wednesday for the South American country.

The U.S. is taking the first procedural step that could lead to a dispute resolution panel over Mexico’s anti-biotech stance on corn imports, according to a statement released by the Office of the U.S. Trade Representative Monday.

When U.S. consumers want gruyere cheese, they’re seeking a kind of cheese and not demanding that it was produced in the Alpine regions of France or Switzerland. That’s essentially the decision by the U.S. Court of Appeals for the Fourth Circuit, which ruled that gruyere is a generic name that can be used by U.S. cheese makers.