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USDA will release nearly $260 million in new funds among a pot of $537 million in biofuel grants for 543 ethanol and biodiesel projects in 29 states.

ADM plans to slash CEO Juan Luciano’s annual cash bonus and laid out a new policy to claw back long-term awards in a bid to “ensure accountability” more than a year after an accounting scandal.

China’s government has renewed export registrations for some U.S. meat plants whose eligibility was set to lapse, raising hopes that shipments won’t be disrupted.

“Mexico could put their own import tariffs on — that could reduce the U.S. freight advantage. It’s a matter of how fierce the trade war gets,” said Pat Boova.

China responded to new U.S. tariffs by announcing March 4 it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef.

The president did not clarify if this plan is part of a previously announced effort to enact so-called “reciprocal” tariffs on nearly all U.S. trading partners.

The response from Beijing will likely include tariffs and non-tariff measures, a Communist Party-backed news outlet reported on March 3, citing a person it didn’t identify.

The United States, known for being a global agriculture powerhouse, has never imported more food than it is right now. And its agricultural exports are falling.

World farm machinery leader Deere & Co. said the agriculture economy is finally showing signs of turning around, although looming tariffs could upend the nascent recovery.

Wisconsin Gov. Tony Evers has awarded $100 million to the state transportation department to spend on 55 projects repairing rural roads to better move agricultural and forestry products.