Category: Horticulture

MIL-OSI USA: Doehler Dry Ingredient Solutions, LLC Recalls Member’s Mark Freeze Dried Fruit Variety Pack for Listeria monocytogenes Contamination

Source: US Department of Health and Human Services – 3

Summary

Company Announcement Date:
July 30, 2025
FDA Publish Date:
July 31, 2025
Product Type:
Food & BeveragesFoodborne Illness
Reason for Announcement:

Recall Reason Description
Potential Foodborne Illness – Listeria monocytogenes

Company Name:
Doehler Dry Ingredient Solutions, LLC
Brand Name:

Brand Name(s)
Member’s Mark

Product Description:

Product Description
Freeze dried fruit

Company Announcement
Cartersville, GA – 7/30/2025 – Doehler Dry Ingredient Solutions, LLC is recalling Member’s Mark Freeze Dried Fruit Variety Pack 15 count boxes, UPC 1 93968 50900 2 due to contamination with Listeria monocytogenes. Listeria monocytogenes, an organism which can cause serious and sometimes fatal infections in young children, frail or elderly people, and others with weakened immune systems. Although healthy individuals may suffer only short-term symptoms such as high fever, severe headache, stiffness, nausea, abdominal pain and diarrhea, a Listeria monocytogenes infection can cause miscarriages and stillbirths among pregnant women.
No illnesses have been reported to date.
Products affected are:

PRODUCT

SIZE

UPC

LOT/MFG CODES

USE BY DATE

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25175

06/24/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25176

06/25/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25177

06/26/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25181

06/30/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25182

07/01/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25183

07/02/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25184

07/03/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25186

07/05/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25188

07/07/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25189

07/08/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25190

07/09/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25191

07/10/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25192

07/11/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25196

07/15/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25197

07/16/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25198

07/17/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25199

07/18/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25202

07/21/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25203

07/22/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25204

07/23/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25205

07/24/2027

Member’s MarkFreeze Dried FruitVariety Pack

15 count

1 93968 50900 2

25206

07/25/2027

The firm discovered the problem via internal testing of their products. The products were distributed between 7/1/2025-7/25/2025 and sold in Sam’s Club retail stores. These products were packaged in foil pouches inside a corrugated box. The lot number and expiration date are located on the bottom of the case. Product was shipped to distribution centers in the following states: AL, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, LA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, PA, PR, SC, SD, TN, TX, UT, VA, WI, WV, WY. Consumers who have this product in their possession should not consume the product. They should discard it and may visit any Sam’s Club for a full refund.
Consumers with questions may contact Doehler Dry Ingredient Solutions, LLC’s Customer Service at 770-387-0451, Monday-Friday 8am-5pm EST.
This recall is being made with the knowledge of the Food and Drug Administration.

Company Contact Information

Consumers:
Doehler Dry Ingredient Solutions, LLC’s Customer Service
770-387-0451

Product Photos

Content current as of:
07/31/2025

Regulated Product(s)

Topic(s)

Follow FDA

MIL OSI USA News –

August 5, 2025
MIL-OSI USA: North Dakota Development Fund Approves $2.16M in Loans for Child Care, Tech and Ag Projects in Q2
Source: US State of North Dakota

The North Dakota Department of Commerce announced today that six companies were approved for a total of $2.16 million in loan funds through the North Dakota Development Fund, Inc. (NDDF) during the second quarter of 2025.

“These investments reflect our commitment to economic growth and meeting community needs across North Dakota,” said Commerce Economic Development & Finance Deputy Director and Head of Investments and Innovation Shayden Akason. “We’re proud to support businesses that are expanding access to child care – an essential service that enables parents to remain in the workforce and strengthens the state’s economic resilience.”

Loan highlights:
- Discovery Properties LLC, Mandan – $805,000 to purchase and renovate a building for a new child care facility.
- Reser LLC dba The Learning Tree, Minot – $100,000 to expand and remodel its existing facility.
- Transcend Childcare Center, Fargo – $100,000 to acquire an existing child care facility.
- OmniByte Technology Inc., Fargo – in working capital support.
- Peace Academy Inc., Fargo – $450,000 to remodel a building and expand child care operations.
- Dakota Valley Growers, Bathgate – $455,000 to construct a compost facility for its feedlot.
From East to the West, the NDDF is powering progress – backing projects in Bathgate, Fargo, Minot, and Mandan. Whether it is value-added agriculture, child care, or technology, the NDDF helps bridge regions and industries to build a stronger, more resilient North Dakota

Established in 1991, the NDDF provides flexible financing for new or expanding businesses. The fund also manages the Child Care Loan Program, which supports providers addressing critical workforce needs.

For more information about the Development Fund, visit belegendary.link/North-Dakota-Development-Fund.

MIL OSI USA News –
August 5, 2025
MIL-OSI Canada: Cutting red tape, cultivating growth
Source: Government of Canada regional news
To support this, 28.5 per cent of regulations for agricultural marketing boards and commissions are being eliminated, including 20 redundant rules that overlap with existing requirements. This will streamline rules and provide marketing boards and commissions more time to concentrate on growing, stimulating and improving production and marketing the products their members produce.

“Alberta is the best place to do business, and we are the best province in Canada at reducing red tape to promote economic growth. We want to continue to be a leader in this space, and that’s why we’re getting out of the way of our producers so they can continue to put food on tables in Alberta and around the world.”

RJ Sigurdson, Minister of Agriculture and Irrigation

“Alberta’s agriculture producers deserve to focus on what they do best, feeding our province and the world. By cutting unnecessary red tape, we’re giving them more time to grow their businesses and less time buried in paperwork.”

Dale Nally, Minister of Service Alberta and Red Tape Reduction

The Alberta Agricultural Products Marketing Council began its red-tape reduction efforts in 2019 and continues to implement the 2020 Marketing of Agricultural Products Act amendments made by government to provide all marketing boards and commissions with bylaw-making authority.

“The Alberta Agricultural Products Marketing Council is thrilled to be part of modernizing the legislative framework for Alberta’s 19 agricultural marketing boards and commissions to remove unnecessary regulatory burden. Marketing boards and commissions play a vital role in growing Alberta’s agricultural industry and represent some of the world’s best farmers and ranchers.”

John Buckley, chair, Alberta Agricultural Products Marketing Council

This change will streamline rules by eliminating unnecessary regulations and allows marketing boards and commissions to concentrate on helping producers compete, innovate and be more productive.

“The streamlining of regulatory processes allows Alberta Pulse Growers Commission to work more efficiently on behalf of Alberta farmers toward our vision of pulses on every farm, on every plate.”

Shane Strydhorst, chair, Alberta Pulse Growers Commission

Quick facts
- Marketing boards and commissions work to grow, stimulate and improve production and market regulated products to serve the producers they represent.
- The Marketing of Agricultural Products Act has existed since 1965 and establishes the Alberta Agricultural Products Marketing Council as the supervisory public agency for 19 marketing boards and commissions in Alberta.
- The act allows agricultural marketing boards and commissions, with oversight of the Alberta Agricultural Products Marketing Council, to establish and regulate their respective industries to produce and market their products.
- In 2023, the government made changes to the act, giving marketing boards and commissions the authority to make rules in their plan regulations.
  
  This change rendered another set of rules, known as the ‘authorization regulations,’ unnecessary, so government is repealing the 20 authorization regulations.
MIL OSI Canada News –
August 5, 2025
MIL-Evening Report: Colombia is producing more cocaine than ever – and more is reaching Australian shores

Source: The Conversation (Au and NZ) – By Cesar Alvarez, Lecturer in Terrorism and Security Studies, Charles Sturt University

Members of the Colombian anti-narcotics police test cocaine after a drug bust. RAUL ARBOLEDA/AFP via Getty Images

Imagine an area larger than the Australian Capital Territory, nearly twice the size of London and four times that of New York City covered in coca plantations.

That’s the scale of Colombia’s coca cultivation, according to an estimate from the United Nations Office of Drugs and Crime (UNODC).

Colombia produces an estimated 2,664 metric tonnes of cocaine annually. That is enough to fill 20 Boeing 747 cargo planes per year.

Not even during the darkest days of Pablo Escobar’s infamous empire did Colombia cultivate as much coca or produce as much cocaine as it does today.

In the past year alone, coca crops expanded by 10% and production capacity soared more than 50%.

So how did it come to this?

A worrying mix

Colombia did not arrive at this point overnight, nor by chance. A complex mix of radical and failed policy shifts, scientific innovation and global demand, among other factors, has shaped this trajectory.

For example, in 2015, Colombia’s Constitutional Court suspended aerial fumigation and banned the use of glyphosate. Despite the herbicide’s effectiveness in killing coca plants, the court cited concerns over its health risks and environmental impact.

Aerial spraying had allowed the government to reduce the risk that manual eradication brigades were exposed to over large areas.

In 2016, then-president Juan Manuel Santos introduced a scheme to substitute coca with non-illicit plants. Incentives were offered to farmers. However, it ended up encouraging many peasants who had never grown coca before to begin cultivating it, simply to qualify for the new subsidies.

It is no surprise that during Santos’ second term (2014–18), Colombia’s coca crops nearly doubled, from 96,000 hectares to more than 170,000.

This was all in an effort to secure a peace deal with the narco-terrorist group Revolutionary Armed Forces of Colombia (FARC).

More recently, in 2022, President Gustavo Petro announced his Paz Total (Total Peace) policy. This was designed to bring trafficking organisations – including Colombia’s second largest narco-terrorist group, the National Liberation Army (ELN) – to the negotiation table.

Ironically, and paradoxically, Colombia is now producing more drugs than ever. It is also experiencing a sharp increase in violence by non-state armed groups.

The impact on Australia

What happens in Colombia matters to Australia because criminal innovation is fuelling greater cocaine volumes and higher purity. This means more is flowing towards Australian shores.

Colombia’s coca production is being reshaped by enhanced cultivation techniques, more secure and autonomous smuggling methods, and an increasingly fragmented criminal landscape.

Production is now more efficient and profitable than ever. Growers are planting improved coca leaf varieties and achieve more harvest cycles per year with higher alkaloid yields per kilo.

Smuggling methods have also evolved.

Semi-submersibles or narco-submarines are increasing in storage capacity. Recent seizures show manned vessels with four to five tonnes of capacity are now the rule rather than the exception.

Some networks are also transitioning from manned to unmanned operations.

Also, the growing presence and operational influence of Mexican cartels in Colombia has amplified the scope and scale of alliances between transnational organised crime groups across Europe, Asia and Oceania. International police investigations are even more complex.

Like much of the world, there is a growing demand for and increasing use of cocaine in Australia.

Despite record-high seizure numbers and total volumes intercepted, Australia is still among the most attractive destination markets for drug trafficking organisations because of the high price users pay for the drugs.

Unless something radically changes in Colombia, Australia continues to face growing risks from maritime trafficking routes. There is also an increased threat of being used as a transit and money laundering hub in the global drug economy.

Some possible solutions

Even if conditions in Colombia were to change swiftly and drastically, supply-focused strategies alone are insufficient to mitigate the risks facing Australia.

After all, Colombia cannot simply fumigate its way out of this cocaine crisis, just as Australia cannot arrest its way out of it.

However, continued collaboration between the Australian Federal Police and the National Police of Colombia remains essential to keep drugs at bay.

The appointment of Colombia’s first police attaché to Australia will be a welcome and meaningful step forward. (While not yet formally announced, the Colombian embassy in Australia has informed me and several other experts the country is appointing the attaché.)

Both countries must deepen this relationship and collectively engage meaningfully and frequently to help solve the problem.

Cesar Alvarez does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

– ref. Colombia is producing more cocaine than ever – and more is reaching Australian shores – https://theconversation.com/colombia-is-producing-more-cocaine-than-ever-and-more-is-reaching-australian-shores-261745

MIL OSI Analysis – EveningReport.nz –

August 5, 2025
MIL-OSI Security: Federal Jury Convicts Texas Man of Cocaine Trafficking

Source: Office of United States Attorneys

PITTSBURGH, Pa. – Jorge Luis Guerrero, of Socorro, Texas, was found guilty by a federal jury in Pittsburgh of possessing with intent to distribute 500 grams or more of cocaine, Acting United States Attorney Troy Rivetti announced today. The jury returned its verdict on July 29, 2025, after deliberating for five-and-a-half hours following a six-day trial.

Guerrero, 39, was tried before Senior United States District Judge Joy Flowers Conti.

The evidence presented at trial established that Guerrero transported five kilograms of cocaine to the Western District of Pennsylvania hidden in a secret compartment in the bumper of a vehicle registered to his wife. Accessing the cocaine required removing the bumper cover and bumper of the vehicle and then additional metal plates that concealed the compartment housing the cocaine.

Judge Conti scheduled sentencing for December 10, 2025. The law provides for a maximum total sentence of not less than five years and up to 40 years in prison, a fine of up to $5 million, or both. Under the federal Sentencing Guidelines, the actual sentence imposed is based on the seriousness of the offense and the prior criminal history, if any, of the defendant.

Assistant United States Attorneys Robert C. Schupansky and V. Joseph Sonson prosecuted this case on behalf of the United States.

Agents and task force officers from the Federal Bureau of Investigation, as well as personnel from the Socorro Police Department, United States Customs and Border Protection, and the United States Drug Enforcement Administration, assisted in the trial.

This prosecution is a result of an Organized Crime Drug Enforcement Task Force (OCDETF) investigation. OCDETF identifies, disrupts, and dismantles high-level drug traffickers, money launderers, gangs, and transnational criminal organizations that threaten communities throughout the United States. OCDETF uses a prosecutor-led, intelligence-driven, multi-agency approach that leverages the strengths of federal, state, and local law enforcement agencies against criminal networks.

MIL Security OSI –

July 31, 2025

MIL-OSI: CVR Energy Reports Second Quarter 2025 Results, Announces Leadership Transition Plans

Source: GlobeNewswire (MIL-OSI)

Second quarter net loss attributable to CVR Energy stockholders of $114 million; EBITDA loss of $24 million; adjusted EBITDA of $99 million
Second quarter loss per diluted share of $1.14 and adjusted loss per diluted share of 23 cents
Prepaid $70 million and $20 million in principal of the Term Loan in June and July 2025, respectively
Mark Pytosh to assume role of President, Chief Executive Officer and Director on January 1, 2026, following Dave Lamp retirement; Brett Icahn appointed to the Board of Directors effective August 1, 2025
CVR Partners announced a cash distribution of $3.89 per common unit

SUGAR LAND, Texas, July 30, 2025 (GLOBE NEWSWIRE) — CVR Energy, Inc. (NYSE: CVI, “CVR Energy” or the “Company”) today announced second quarter 2025 net loss attributable to CVR Energy stockholders of $114 million, or $1.14 per diluted share, compared to second quarter 2024 net income attributable to CVR Energy stockholders of $21 million, or 21 cents per diluted share. Adjusted loss for the second quarter of 2025 was 23 cents per diluted share, compared to adjusted earnings per diluted share of 9 cents in the second quarter of 2024. Net loss for the second quarter of 2025 was $90 million, compared to net income of $38 million in the second quarter of 2024. Second quarter 2025 EBITDA loss was $24 million, compared to second quarter 2024 EBITDA of $103 million. Adjusted EBITDA for the second quarter of 2025 was $99 million, compared to adjusted EBITDA of $87 million in the second quarter of 2024.

“CVR Energy’s 2025 second quarter earnings results for its refining business were impacted by an $89 million unfavorable mark-to-market impact on its outstanding Renewable Fuel Standard obligation as well as reduced throughput volumes while we ran off intermediate inventory following the completion of the planned turnaround at the Coffeyville refinery,” said Dave Lamp, CVR Energy’s President and Chief Executive Officer.

“CVR Partners achieved solid operating results for the second quarter of 2025, with a combined ammonia production rate of 91 percent,” Mr. Lamp said. “CVR Partners also was pleased to declare a second quarter 2025 cash distribution of $3.89 per common unit.”

The Company also announced leadership transition plans following Mr. Lamp’s notice of his intent to retire as President and Chief Executive Officer effective December 31, 2025. Mark A. Pytosh, the Company’s Executive Vice President – Corporate Services who also serves as President, Chief Executive Officer and Director of the general partner of CVR Partners, LP (“CVR Partners”), is expected to assume the role of President, Chief Executive Officer and Director of CVR Energy while continuing to serve in those same roles for CVR Partners’ general partner. Mr. Lamp is expected to remain on the Company’s Board of Directors and the board of directors of CVR Partners’ general partner.

“I would like to thank our employees, communities and stockholders for their support over the past several years. It has been a privilege to have worked closely with our strong management team to drive value throughout the organization, and I look forward to continuing to serve our companies as a member of the Board,” said Mr. Lamp. “Mark has been a strong leader for CVR Partners and for our midstream operations. We have worked closely together for many years, and I am confident he is the right person to build upon the foundations we have laid while driving CVR Energy and CVR Partners into the future.”

Mr. Pytosh joined the general partner of CVR Partners as a Director in 2011 and became President and Chief Executive Officer in May 2014. In January 2018, Mr. Pytosh was appointed Executive Vice President – Corporate Services of the Company with executive responsibility over the Company’s midstream operations. Prior to joining CVR Partners, Mr. Pytosh held senior financial roles in energy, power, solid waste and investment banking. Mr. Pytosh is expected to remain President, Chief Executive Officer and Director of CVR Partners’ general partner.

Mr. Pytosh commented, “Dave’s leadership, operating discipline and strong corporate values have inspired the Company. I look forward to building upon Dave’s incredible legacy while leveraging our operating platform and strong management team to position the Company for positive growth and maximizing value for all of our stockholders.”

On July 28, 2025, the Board appointed Brett Icahn as a director effective August 1, 2025, increasing the Board size to nine members.

Petroleum Segment

The Petroleum Segment reported a second quarter 2025 net loss of $137 million and EBITDA loss of $84 million, compared to net income of $18 million and EBITDA of $56 million for the second quarter of 2024. Adjusted EBITDA for the Petroleum Segment was $38 million for the second quarter of 2025, compared to adjusted EBITDA of $37 million for the second quarter of 2024.

Combined total throughput for the second quarter of 2025 was approximately 172,000 barrels per day (“bpd”) compared to approximately 186,000 bpd of combined total throughput for the second quarter of 2024. Throughput during the current quarter was lower primarily to allow processing of intermediate inventories built during the turnaround at the Coffeyville, Kansas, refinery which began in the first quarter of 2025 and was completed in April 2025.

Refining margin for the second quarter of 2025 was $35 million, or $2.21 per total throughput barrel, compared to $185 million, or $10.94 per total throughput barrel, during the same period in 2024. Included in our second quarter 2025 refining margin were unfavorable mark-to-market impacts on our outstanding Renewable Fuel Standard (“RFS”) obligation of $89 million, unfavorable inventory valuation impacts of $31 million, and unfavorable unrealized derivative impacts of $2 million primarily related to Canadian crude oil positions. Excluding these items, adjusted refining margin for the second quarter of 2025 was $9.95 per barrel, compared to an adjusted refining margin per barrel of $9.81 for the second quarter of 2024. The increase in adjusted refining margin per barrel was primarily due to an increase in the Group 3 2-1-1 crack spread.

Renewables Segment

Effective beginning with the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, and due to the prominence of the renewables business relative to the Company’s overall 2024 performance, we revised our reportable segments to reflect a new reportable segment: Renewables. The Renewables Segment includes the operations of the renewable diesel unit and renewable feedstock pretreater at the refinery in Wynnewood, Oklahoma.

The Renewables Segment reported second quarter 2025 net loss of $11 million and EBITDA loss of $5 million, compared to net loss of $11 million and EBITDA loss of $5 million for the second quarter of 2024. Adjusted EBITDA loss for the Renewables Segment was $4 million for the second quarter of 2025, compared to adjusted EBITDA loss of $2 million for the second quarter of 2024.

Total vegetable oil throughput for the second quarter of 2025 was approximately 155,000 gallons per day (“gpd”), compared to approximately 127,000 gpd for the second quarter of 2024.

Renewables margin was $5 million, or $0.38 per vegetable oil throughput gallon, for the second quarter of 2025 compared to $5 million, or 43 cents per vegetable oil throughput gallon, for the second quarter of 2024. Factors contributing to our second quarter 2025 renewables margin were higher net sales of $13 million resulting from increased production and sales volumes, increased renewable diesel yield due to improved catalyst performance, and increased biomass-based diesel RIN and LCFS credit prices in the current period, partially offset by the loss of the BTC in the current period and a decrease in average CARB ULSD prices of 24 cents per gallon. Higher net sales were partially offset by higher cost of sales of $12 million due to an increase in throughput and production volumes.

Nitrogen Fertilizer Segment

The Nitrogen Fertilizer Segment reported net income of $39 million and EBITDA of $67 million on net sales of $169 million for the second quarter of 2025, compared to net income of $26 million and EBITDA of $54 million on net sales of $133 million for the second quarter of 2024.

Production at CVR Partners, LP’s (“CVR Partners”) fertilizer facilities decreased compared to the second quarter of 2024, producing a combined 197,000 tons of ammonia during the second quarter of 2025, of which 54,000 net tons were available for sale while the rest was upgraded to other fertilizer products, including 321,000 tons of urea ammonia nitrate (“UAN”). During the second quarter of 2024, the fertilizer facilities produced a combined 221,000 tons of ammonia, of which 69,000 net tons were available for sale while the remainder was upgraded to other fertilizer products, including 337,000 tons of UAN.

For the second quarter 2025, average realized gate prices for ammonia and UAN were up 14 percent and 18 percent, respectively, over the prior year to $593 and $317 per ton, respectively. Average realized gate prices for ammonia and UAN were $520 and $268 per ton, respectively, for the second quarter of 2024.

Corporate and Other

The Company reported an income tax benefit of $42 million, or 31.7 percent of loss before income taxes, for the three months ended June 30, 2025, compared to an income tax benefit of $26 million, or (219.7) percent of income before income taxes, for the three months ended June 30, 2024. The increase in income tax benefit was primarily due to a decrease in overall pretax earnings while the change in the effective tax rate was primarily due to changes in pretax earnings attributable to noncontrolling interest and the impact of federal and state tax credits and incentives in relation to overall pretax earnings.

Cash, Debt and Dividend

Consolidated cash and cash equivalents were $596 million at June 30, 2025, a decrease of $391 million from December 31, 2024. Consolidated total debt and finance lease obligations were $1.9 billion at June 30, 2025, including $570 million held by the Nitrogen Fertilizer Segment.

On June 30, 2025, certain of the Company’s subsidiaries (the “Term Loan Borrowers”) prepaid $70 million in principal of the senior secured term loan facility (the “Term Loan”), in addition to required principal and interest payments as set forth in the Term Loan. As a result of this transaction, the Company recognized a $1 million loss on extinguishment of debt in the second quarter of 2025, related to the write-off of unamortized discount and deferred financing costs. Further, on July 25, 2025, the Term Loan Borrowers prepaid an additional $20 million in principal of the Term Loan, plus any accrued and unpaid interest to the redemption date.

CVR Energy will not pay a cash dividend for the second quarter of 2025.

Today, CVR Partners announced that the Board of Directors of its general partner declared a second quarter 2025 cash distribution of $3.89 per common unit, which will be paid on August 18, 2025, to common unitholders of record as of August 11, 2025.

Second Quarter 2025 Earnings Conference Call

CVR Energy previously announced that it will host its second quarter 2025 Earnings Conference Call on Thursday, July 31, at 1 p.m. Eastern. The Earnings Conference Call may also include discussion of Company developments, forward-looking information and other material information about business and financial matters.

The second quarter 2025 Earnings Conference Call will be webcast live and can be accessed on the Investor Relations section of CVR Energy’s website at www.CVREnergy.com. For investors or analysts who want to participate during the call, the dial-in number is (877) 407-8291. The webcast will be archived and available for 14 days at https://edge.media-server.com/mmc/p/939p6amw. A repeat of the call also can be accessed for 14 days by dialing (877) 660-6853, conference ID 13754877.

Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements concerning current estimates, expectations and projections about future results, performance, prospects, opportunities, plans, actions and events and other statements, concerns, or matters that are not historical facts are “forward-looking statements,” as that term is defined under the federal securities laws. These forward-looking statements include, but are not limited to, statements regarding future: continued safe and reliable operations; drivers of our results; EBITDA and Adjusted EBITDA; management changes; impacts of planned and unplanned downtime; timing of turnarounds and impacts thereof on our results; asset utilization, capture, production volume, throughput, product yield and crude oil gathering rates, including the factors impacting same; cash flow generation; operating income and net sales, including the factors impacting same; refining margin; crack spreads, including the drivers thereof; impact of costs to comply with the RFS and revaluation of our RFS liability; inventory levels and valuation impacts; derivative gains and losses and the drivers thereof; renewable feedstocks; production rates and operations capabilities of our renewable diesel unit, including the ability to return to hydrocarbon service; demand trends; RIN generation levels; benefits of our corporate transformation to segregate our renewables business; access to capital and new partnerships; RIN pricing, including its impact on performance and the Company’s ability to offset the impact thereof; LCFS credit and CARB ULSD pricing; carbon capture and decarbonization initiatives; demand for refined products; ammonia and UAN pricing; global fertilizer industry conditions; grain prices; crop inventory levels; crop and planting levels; production levels and utilization at our nitrogen fertilizer facilities; nitrogen fertilizer sales volumes; ability to and levels to which we upgrade ammonia to other fertilizer products, including UAN; income tax expense and benefits, including the drivers thereof; pretax earnings and our effective tax rate; the availability and impact of tax credits and incentives; use of proceeds under our debt instruments; debt levels; ability to paydown debt, make debt prepayments and terms associated therewith; cash and cash equivalent levels; dividends and distributions, including the timing, payment and amount (if any) thereof; direct operating expenses, capital expenditures, depreciation and amortization; turnaround expense; cash reserves; labor supply shortages, difficulties, disputes or strikes, including the impact thereof; and other matters. You can generally identify forward-looking statements by our use of forward-looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “explore,” “evaluate,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “seek,” “should,” or “will,” or the negative thereof or other variations thereon or comparable terminology. These forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control. Investors are cautioned that various factors may affect these forward-looking statements, including (among others) the health and economic effects of any pandemic, demand for fossil fuels and price volatility of crude oil, other feedstocks and refined products; the ability of Company to pay cash dividends and of CVR Partners to make cash distributions; potential operating hazards; costs of compliance with existing or new laws and regulations and potential liabilities arising therefrom; impacts of the planting season on CVR Partners; our controlling shareholder’s intention regarding ownership of our common stock or CVR Partners’ common units; general economic and business conditions; political disturbances, geopolitical instability and tensions; existing and future laws, rulings, policies and regulations, including the reinterpretation or amplification thereof by regulators, and including but not limited to those relating to the environment, climate change, and/or the production, transportation, or storage of hazardous chemicals, materials, or substances, like ammonia; political uncertainty and impacts to the oil and gas industry and the United States economy generally as a result of actions taken by a new administration, including the imposition of tariffs or changes in climate or other energy laws, rules, regulations, or policies; impacts of plant outages; potential operating hazards from accidents, fires, severe weather, tornadoes, floods, wildfires, or other natural disasters; and other risks. For additional discussion of risk factors which may affect our results, please see the risk factors and other disclosures included in our most recent Annual Report on Form 10-K, any subsequently filed Quarterly Reports on Form 10-Q and our other Securities and Exchange Commission (“SEC”) filings. These and other risks may cause our actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements included in this news release are made only as of the date hereof. CVR Energy disclaims any intention or obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by law. The terms of the employment agreement referenced herein are qualified in their entirety by the text of the agreement which will be duly disclosed in the Company’s upcoming filings with the Securities and Exchange Commission.

About CVR Energy, Inc.
Headquartered in Sugar Land, Texas, CVR Energy is a diversified holding company primarily engaged in the renewable fuels and petroleum refining and marketing business, as well as in the nitrogen fertilizer manufacturing business through its interest in CVR Partners. CVR Energy subsidiaries serve as the general partner and own approximately 37 percent of the common units of CVR Partners.

Investors and others should note that CVR Energy may announce material information using SEC filings, press releases, public conference calls, webcasts and the Investor Relations page of its website. CVR Energy may use these channels to distribute material information about the Company and to communicate important information about the Company, corporate initiatives and other matters. Information that CVR Energy posts on its website could be deemed material; therefore, CVR Energy encourages investors, the media, its customers, business partners and others interested in the Company to review the information posted on its website.

Contact Information:

Investor Relations

Richard Roberts
(281) 207-3205
InvestorRelations@CVREnergy.com

Media Relations

Brandee Stephens
(281) 207-3516
MediaRelations@CVREnergy.com

Non-GAAP Measures

Our management uses certain non-GAAP performance measures, and reconciliations to those measures, to evaluate current and past performance and prospects for the future to supplement our financial information presented in accordance with accounting principles generally accepted in the United States (“GAAP”). These non-GAAP financial measures are important factors in assessing our operating results and profitability and include the performance and liquidity measures defined below.

As a result of continuing volatile market conditions and the impacts certain non-cash items may have on the evaluation of our operations and results, the Company began disclosing the Adjusted Refining Margin non-GAAP measure, as defined below, in the second quarter of 2024. We believe the presentation of this non-GAAP measure is meaningful to compare our operating results between periods and better aligns with our peer companies. All prior periods presented have been conformed to the definition below.

The following are non-GAAP measures we present for the periods ended June 30, 2025 and 2024:

EBITDA – Consolidated net income (loss) before (i) interest expense, net, (ii) income tax expense (benefit) and (iii) depreciation and amortization expense.

Petroleum EBITDA, Renewables EBITDA, and Nitrogen Fertilizer EBITDA – Segment net income (loss) before segment (i) interest expense, net, (ii) income tax expense (benefit), and (iii) depreciation and amortization.

Refining Margin – The difference between our Petroleum Segment net sales and cost of materials and other.

Adjusted Refining Margin – Refining Margin adjusted for certain significant noncash items and items that management believes are not attributable to or indicative of our underlying operational results of the period or that may obscure results and trends we deem useful.

Refining Margin and Adjusted Refining Margin, per Throughput Barrel – Refining Margin and Adjusted Refining Margin divided by the total throughput barrels during the period, which is calculated as total throughput barrels per day times the number of days in the period.

Direct Operating Expenses per Throughput Barrel – Direct operating expenses for our Petroleum Segment divided by total throughput barrels for the period, which is calculated as total throughput barrels per day times the number of days in the period.

Renewables Margin – The difference between our Renewables Segment net sales and cost of materials and other.

Adjusted Renewables Margin – Renewables Margin adjusted for certain significant noncash items and items that management believes are not attributable to or indicative of our underlying operational results of the period or that may obscure results and trends we deem useful.

Renewables Margin and Adjusted Renewables Margin, per Vegetable Oil Throughput Gallon – Renewables Margin and Adjusted Renewables Margin divided by the total vegetable oil throughput gallons for the period, which is calculated as total vegetable oil throughput gallons per day times the number of days in the period.

Direct Operating Expenses per Vegetable Oil Throughput Gallon – Direct operating expenses for our Renewables Segment divided by total vegetable oil throughput gallons for the period, which is calculated as total vegetable oil throughput gallons per day times the number of days in the period.

Adjusted EBITDA, Petroleum Adjusted EBITDA, Renewables Adjusted EBITDA, and Nitrogen Fertilizer Adjusted EBITDA – EBITDA, Petroleum EBITDA, Renewables EBITDA, and Nitrogen Fertilizer EBITDA adjusted for certain significant non-cash items and items that management believes are not attributable to or indicative of our underlying operational results of the period or that may obscure results and trends we deem useful.

Adjusted Earnings (Loss) per Share – Earnings (loss) per share adjusted for certain significant non-cash items and items that management believes are not attributable to or indicative of our on-going operations or that may obscure our underlying results and trends.

Free Cash Flow – Net cash provided by (used in) operating activities less capital expenditures and capitalized turnaround expenditures.

We present these measures because we believe they may help investors, analysts, lenders and ratings agencies analyze our results of operations and liquidity in conjunction with our U.S. GAAP results, including but not limited to our operating performance as compared to other publicly traded companies in the refining and fertilizer industries, without regard to historical cost basis or financing methods and our ability to incur and service debt and fund capital expenditures. Non-GAAP measures have important limitations as analytical tools, because they exclude some, but not all, items that affect net earnings and operating income. These measures should not be considered substitutes for their most directly comparable U.S. GAAP financial measures. See “Non-GAAP Reconciliations” included herein for reconciliation of these amounts. Due to rounding, numbers presented within this section may not add or equal to numbers or totals presented elsewhere within this document.

Factors Affecting Comparability of Our Financial Results

Petroleum Segment

Our results of operations for the periods presented may not be comparable with prior periods or to our results of operations in the future due to capitalized expenditures as part of planned turnarounds. Total capitalized expenditures were $24 million and $3 million during the three months ended June 30, 2025 and 2024, respectively, and $190 million and $42 million during the six months ended June 30, 2025 and 2024, respectively.

CVR Energy, Inc.
(all information in this release is unaudited)

Consolidated Statement of Operations Data


	Three Months Ended June 30,						Six Months Ended June 30,
(in millions, except per share data)		2025			2024			2025			2024
Net sales	$	1,761		$	1,967		$	3,407		$	3,829
Operating costs and expenses:
Cost of materials and other		1,582			1,667			3,099			3,130
Direct operating expenses (exclusive of depreciation and amortization)		169			173			324			337
Depreciation and amortization		76			70			142			145
Cost of sales		1,827			1,910			3,565			3,612
Selling, general and administrative expenses (exclusive of depreciation and amortization)		36			28			73			63
Depreciation and amortization		2			2			4			4
(Gain) loss on asset disposal		(1	)		—			—			1
Operating (loss) income		(103	)		27			(235	)		149
Other (expense) income:
Interest expense, net		(30	)		(19	)		(55	)		(39	)
Other income, net		1			4			4			8
(Loss) income before income tax benefit		(132	)		12			(286	)		118
Income tax benefit		(42	)		(26	)		(91	)		(10	)
Net (loss) income		(90	)		38			(195	)		128
Less: Net income attributable to noncontrolling interest		24			17			42			25
Net (loss) income attributable to CVR Energy stockholders	$	(114	)	$	21		$	(237	)	$	103

Basic and diluted (loss) earnings per share	$	(1.14	)	$	0.21		$	(2.36	)	$	1.02
Dividends declared per share	$	—		$	0.50		$	—		$	1.00

Adjusted (loss) earnings per share *	$	(0.23	)	$	0.09		$	(0.81	)	$	0.12
EBITDA *	$	(24	)	$	103		$	(85	)	$	306
Adjusted EBITDA *	$	99		$	87		$	122		$	186

Weighted-average common shares outstanding – basic and diluted		100.5			100.5			100.5			100.5

See “Non-GAAP Reconciliations” section below.

Selected Consolidated Balance Sheet Data

(in millions)	June 30, 2025		December 31, 2024
Cash and cash equivalents	$	596	$	987
Working capital (inclusive of cash and cash equivalents)		201		726
Total assets		3,984		4,263
Total debt and finance lease obligations, including current portion		1,861		1,919
Total liabilities		3,318		3,375
Total CVR stockholders’ equity		466		703

Selected Consolidated Cash Flow Data

	Three Months Ended June 30,						Six Months Ended June 30,
(in millions)		2025			2024			2025			2024
Net cash used in:
Operating activities	$	176		$	81		$	(19	)	$	258
Investing activities		(185	)		(74	)		(267	)		(129	)
Financing activities		(90	)		(65	)		(105	)		(729	)
Net decrease in cash, cash equivalents, and restricted cash	$	(99	)	$	(58	)	$	(391	)	$	(600	)

Free cash flow *	$	(12	)	$	7		$	(297	)	$	128

* See “Non-GAAP Reconciliations” section below.

Selected Segment Data

	Three Months Ended June 30,
		2025											2024
(in millions)	Petroleum			Renewables			Nitrogen Fertilizer		Consolidated			Petroleum		Renewables			Nitrogen Fertilizer		Consolidated
Net sales	$	1,561		$	76		$	169	$	1,761		$	1,795	$	63		$	133	$	1,967
Operating (loss) income		(133	)		(11	)		46		(103	)		10		(11	)		34		27
Net (loss) income		(137	)		(11	)		39		(90	)		18		(11	)		26		38
EBITDA *		(84	)		(5	)		67		(24	)		56		(5	)		54		103

Capital expenditures ⁽¹⁾
Maintenance	$	14		$	1		$	6	$	21		$	22	$	—		$	4	$	27
Growth		9			1			4		15			11		2			1		14
Total capital expenditures	$	23		$	2		$	10	$	36		$	33	$	2		$	5	$	41

	Six Months Ended June 30,
		2025											2024
(in millions)	Petroleum			Renewables			Nitrogen Fertilizer		Consolidated			Petroleum		Renewables			Nitrogen Fertilizer		Consolidated
Net sales	$	3,038		$	142		$	311	$	3,407		$	3,517	$	97		$	261	$	3,829
Operating (Loss) Income		(295	)		(11	)		81		(235	)		128		(21	)		54		149
Net (loss) income		(297	)		(11	)		66		(195	)		145		(20	)		39		128
EBITDA *		(202	)		1			120		(85	)		227		(9	)		93		306

Capital expenditures ⁽¹⁾
Maintenance	$	55		$	1		$	10	$	66		$	44	$	1		$	9	$	57
Growth		17			1			6		26			25		9			1		35
Total capital expenditures	$	72		$	2		$	16	$	92		$	69	$	10		$	10	$	92

* See “Non-GAAP Reconciliations” section below.
(1) Capital expenditures are shown exclusive of capitalized turnaround expenditures.

Selected Balance Sheet Data

	June 30, 2025								December 31, 2024
(in millions)	Petroleum		Renewables		Nitrogen Fertilizer		Consolidated		Petroleum		Renewables		Nitrogen Fertilizer		Consolidated
Cash and cash equivalents ⁽¹⁾	$	325	$	22	$	114	$	596	$	735	$	13	$	91	$	987
Total assets		3,011		414		998		3,984		3,288		420		1,019		4,263
Total debt and finance lease obligations, including current portion ⁽²⁾		293		—		570		1,861		354		—		569		1,919

(1) Corporate cash and cash equivalents consisted of $135 million and $148 million at June 30, 2025 and December 31, 2024, respectively.
(2) Corporate total debt and finance lease obligations, including current portion consisted of $998 million and $996 million at June 30, 2025 and December 31, 2024, respectively.

Petroleum Segment

Key Operating Metrics per Total Throughput Barrel

	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)		2025		2024		2025		2024
Refining margin *	$	2.21	$	10.94	$	1.14	$	13.68
Adjusted refining margin *		9.95		9.81		9.04		10.15
Direct operating expenses *		6.45		6.94		7.32		6.34

See “Non-GAAP Reconciliations” section below.

Refining Throughput and Production Data by Refinery

Throughput Data	Three Months Ended June 30,		Six Months Ended June 30,
(in bpd)	2025	2024	2025	2024
Coffeyville
Gathered crude	61,505	87,402	44,213	74,903
Other domestic	30,718	28,625	21,584	37,275
Canadian	581	9,518	610	9,525
Condensate	—	5,079	—	6,390
Other feedstocks and blendstocks	7,883	10,773	7,111	11,671
Wynnewood
Gathered crude	55,470	34,190	56,936	38,624
Other domestic	1,595	2,421	1,087	1,210
Condensate	8,965	5,965	9,556	8,114
Other feedstocks and blendstocks	5,432	2,235	5,309	3,287
Total throughput	172,149	186,208	146,406	190,999

Production Data	Three Months Ended June 30,				Six Months Ended June 30,
(in bpd)	2025		2024		2025		2024
Coffeyville
Gasoline	50,323		71,515		34,718		72,119
Distillate	46,911		57,710		33,645		56,858
Other liquid products	(428	)	7,015		2,930		5,784
Solids	3,711		4,990		2,523		4,985
Wynnewood
Gasoline	36,657		25,672		38,190		28,828
Distillate	23,645		16,053		24,293		17,610
Other liquid products	8,267		2,349		6,671		3,956
Solids	12		6		11		6
Total production	169,098		185,310		142,981		190,146

Crude utilization ⁽¹⁾	76.9	%	83.9	%	64.9	%	85.2	%
Light product yield (as % of crude throughput) ⁽²⁾	99.2	%	98.7	%	97.7	%	99.6	%
Liquid volume yield (as % of total throughput) ⁽³⁾	96.1	%	96.8	%	95.9	%	96.9	%
Distillate yield (as % of crude throughput) ⁽⁴⁾	44.4	%	42.6	%	43.2	%	42.3	%

(1) Total Gathered crude, Other domestic, Canadian, and Condensate throughput (collectively, “Total Crude Throughput”) divided by consolidated crude oil throughput capacity of 206,500 bpd.
(2) Total Gasoline and Distillate divided by Total Crude Throughput.
(3) Total Gasoline, Distillate, and Other liquid products divided by total throughput.
(4) Total Distillate divided by Total Crude Throughput.

Key Market Indicators

	Three Months Ended June 30,						Six Months Ended June 30,
(dollars per barrel)		2025			2024			2025			2024
West Texas Intermediate (WTI) NYMEX	$	63.74		$	80.63		$	67.52		$	78.81
Crude Oil Differentials to WTI:
Brent		2.97			4.40			3.29			4.60
WCS (heavy sour)		(9.43	)		(12.53	)		(10.92	)		(14.66	)
Condensate		(0.71	)		(0.66	)		(0.68	)		(0.76	)
Midland Cushing		0.74			1.08			0.92			1.31
NYMEX Crack Spreads:
Gasoline		24.76			27.48			20.86			25.07
Heating Oil		26.99			24.67			27.71			30.62
NYMEX 2-1-1 Crack Spread		25.87			26.07			24.29			27.85
PADD II Group 3 Product Basis:
Gasoline		(3.58	)		(10.61	)		(3.20	)		(10.33	)
Ultra-Low Sulfur Diesel		(0.12	)		(3.89	)		(3.60	)		(7.04	)
PADD II Group 3 Product Crack Spread:
Gasoline		21.18			16.87			17.66			14.74
Ultra-Low Sulfur Diesel		26.87			20.78			24.11			23.59
PADD II Group 3 2-1-1		24.02			18.83			20.89			19.17

Renewables Segment

Key Operating Metrics per Vegetable Oil Throughput Gallon

	Three Months Ended June 30,				Six Months Ended June 30,
		2025		2024		2025		2024
Renewables margin *	$	0.38	$	0.43	$	0.76	$	0.51
Adjusted renewables margin *		0.44		0.67		0.68		0.64
Direct operating expenses *		0.54		0.72		0.51		0.76

See “Non-GAAP Reconciliations” section below.

Renewables Throughput and Production Data

	Three Months Ended June 30,				Six Months Ended June 30,
(in gallons per day)	2025		2024		2025		2024
Throughput Data
Corn Oil	1,107		33,253		10,488		34,947
Soybean Oil	153,609		93,303		144,837		66,128

Production Data
Renewable diesel	148,373		117,277		146,292		89,936

Renewable utilization ⁽¹⁾	61.4	%	50.2	%	61.6	%	40.1	%
Renewable diesel yield (as % of corn and soybean oil throughput)	95.9	%	92.7	%	94.2	%	89.0	%

(1) Total corn and soybean oil throughput divided by total renewable throughput capacity of 252,000 gallons per day.

Key Market Indicators

	Three Months Ended June 30,				Six Months Ended June 30,
		2025		2024		2025		2024
Chicago Board of Trade (CBOT) soybean oil (dollars per pound)	$	0.49	$	0.45	$	0.47	$	0.46
Midwest crude corn oil (dollars per pound)		0.50		0.51		0.48		0.53
CARB ULSD (dollars per gallon)		2.36		2.60		2.38		2.63
NYMEX ULSD (dollars per gallon)		2.16		2.51		2.27		2.61
California LCFS (dollars per metric ton)		52.36		51.51		59.13		57.37
Biodiesel RINs (dollars per RIN)		1.08		0.51		0.94		0.55

Nitrogen Fertilizer Segment

	Three Months Ended June 30,				Six Months Ended June 30,
(percent of capacity utilization)	2025		2024		2025		2024
Ammonia utilization rate ⁽¹⁾	91	%	102	%	96	%	96	%

(1) Reflects our ammonia utilization rate on a consolidated basis. Utilization is an important measure used by management to assess operational output at each of CVR Partners’ facilities. Utilization is calculated as actual tons produced divided by capacity. We present our utilization for the three and six months ended June 30, 2025 and 2024 and take into account the impact of our current turnaround cycles on any specific period. Additionally, we present utilization solely on ammonia production rather than each nitrogen product as it provides a comparative baseline against industry peers and eliminates the disparity of plant configurations for upgrade of ammonia into other nitrogen products. With our efforts being primarily focused on ammonia upgrade capabilities, this measure provides a meaningful view of how well we operate.

Sales and Production Data

	Three Months Ended June 30,				Six Months Ended June 30,
		2025		2024		2025		2024
Consolidated sales volumes (thousands of tons):
Ammonia		57		43		117		113
UAN		345		330		681		614

Consolidated product pricing at gate (dollars per ton): ⁽¹⁾
Ammonia	$	593	$	520	$	573	$	525
UAN		317		268		287		268

Consolidated production volume (thousands of tons):
Ammonia (gross produced) ⁽²⁾		197		221		413		414
Ammonia (net available for sale) ⁽²⁾		54		69		117		130
UAN		321		337		668		643

Feedstock:
Petroleum coke used in production (thousands of tons)		130		133		261		261
Petroleum coke used in production (dollars per ton)	$	56.68	$	62.96	$	49.54	$	69.21
Natural gas used in production (thousands of MMBtus) ⁽³⁾		1,897		2,213		4,057		4,361
Natural gas used in production (dollars per MMBtu) ⁽³⁾	$	3.29	$	1.93	$	4.00	$	2.51
Natural gas in cost of materials and other (thousands of MMBtus) ⁽³⁾		2,201		1,855		3,807		3,620
Natural gas in cost of materials and other (dollars per MMBtu) ⁽³⁾	$	3.63	$	1.85	$	4.05	$	2.65

(1) Product pricing at gate represents sales less freight revenue divided by product sales volume in tons and is shown in order to provide a pricing measure that is comparable across the fertilizer industry.
(2) Gross tons produced for ammonia represent total ammonia produced, including ammonia produced that was upgraded into other fertilizer products. Net tons available for sale represent ammonia available for sale that was not upgraded into other fertilizer products.
(3) The feedstock natural gas shown above does not include natural gas used for fuel. The cost of fuel natural gas is included in direct operating expense.

Key Market Indicators

	Three Months Ended June 30,				Six Months Ended June 30,
		2025		2024		2025		2024
Ammonia — Southern plains (dollars per ton)	$	576	$	523	$	569	$	545
Ammonia — Corn belt (dollars per ton)		630		565		624		581
UAN — Corn belt (dollars per ton)		403		288		364		290

Natural gas NYMEX (dollars per MMBtu)	$	3.51	$	2.32	$	3.69	$	2.21

Q3 2025 Outlook

The table below summarizes our outlook for certain operational statistics and financial information for the third quarter of 2025. See “Forward-Looking Statements” above.

	Q3 2025
	Low			High
Petroleum
Total throughput (bpd)		200,000			215,000
Crude utilization ⁽¹⁾		92	%		97	%
Direct operating expenses (in millions) ⁽²⁾	$	105		$	115

Renewables
Total throughput (in millions of gallons)		16			20
Renewable utilization ⁽⁴⁾		70	%		85	%
Direct operating expenses (in millions) ⁽²⁾	$	8		$	10

Nitrogen Fertilizer
Ammonia utilization rate		93	%		98	%
Direct operating expenses (in millions) ⁽²⁾	$	60		$	65

Capital Expenditures (in millions) ⁽³⁾
Petroleum	$	25		$	30
Renewables		1			3
Nitrogen Fertilizer		20			25
Other		1			2
Total capital expenditures	$	47		$	60

(1) Represents crude oil throughput divided by consolidated crude oil throughput capacity of 206,500 bpd.
(2) Direct operating expenses are shown exclusive of depreciation and amortization, turnaround expenses, and inventory valuation impacts.
(3) Turnaround and capital expenditures are disclosed on an accrual basis.
(4) Represents renewable feedstock throughput divided by total renewable throughput capacity of 252,000 gallons per day.

Non-GAAP Reconciliations

Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA

	Three Months Ended June 30,						Six Months Ended June 30,
(in millions)		2025			2024			2025			2024
Net (loss) income	$	(90	)	$	38		$	(195	)	$	128
Interest expense, net		30			19			55			39
Income tax benefit		(42	)		(26	)		(91	)		(10	)
Depreciation and amortization		78			72			146			149
EBITDA		(24	)		103			(85	)		306
Adjustments:
Revaluation of RFS liability, unfavorable (favorable)		89			—			200			(91	)
Unrealized loss (gain) on derivatives, net		2			(17	)		(1	)		7
Inventory valuation impacts, unfavorable (favorable)		32			1			8			(36	)
Adjusted EBITDA	$	99		$	87		$	122		$	186

Reconciliation of Basic and Diluted (Loss) Earnings per Share to Adjusted (Loss) Earnings per Share

	Three Months Ended June 30,						Six Months Ended June 30,
		2025			2024			2025			2024
Basic and diluted (loss) earnings per share	$	(1.14	)	$	0.21		$	(2.36	)	$	1.02
Adjustments: ⁽¹⁾
Revaluation of RFS liability, unfavorable (favorable)		0.65			—			1.50			(0.68	)
Unrealized loss (gain) on derivatives, net		0.02			(0.13	)		(0.01	)		0.05
Inventory valuation impacts, unfavorable (favorable)		0.24			0.01			0.06			(0.27	)
Adjusted (loss) earnings per share	$	(0.23	)	$	0.09		$	(0.81	)	$	0.12

(1) Amounts are shown after-tax, using the Company’s marginal tax rate, and are presented on a per share basis using the weighted average shares outstanding for each period.

Reconciliation of Net Cash (Used In) Provided By Operating Activities to Free Cash Flow

	Three Months Ended June 30,						Six Months Ended June 30,
(in millions)		2025			2024			2025			2024
Net cash (used in) provided by operating activities	$	176		$	81		$	(19	)	$	258
Less:
Capital expenditures		(41	)		(43	)		(92	)		(90	)
Capitalized turnaround expenditures		(148	)		(32	)		(191	)		(44	)
Return of equity method investment		1			1			5			4
Free cash flow	$	(12	)	$	7		$	(297	)	$	128

Reconciliation of Petroleum Segment Net (Loss) Income to EBITDA and Adjusted EBITDA

	Three Months Ended June 30,						Six Months Ended June 30,
(in millions)		2025			2024			2025			2024
Petroleum net (loss) income	$	(137	)	$	18		$	(297	)	$	145
Interest (income) expense, net		5			(5	)		5			(10	)
Depreciation and amortization		48			43			90			92
Petroleum EBITDA		(84	)		56			(202	)		227
Adjustments:
Revaluation of RFS liability, unfavorable (favorable)		89			—			200			(91	)
Unrealized loss (gain) on derivatives, net		2			(17	)		(1	)		7
Inventory valuation impacts, unfavorable (favorable) ⁽¹⁾		31			(2	)		10			(39	)
Petroleum Adjusted EBITDA	$	38		$	37		$	7		$	104

Reconciliation of Petroleum Segment Gross (Loss) Profit to Refining Margin and Adjusted Refining Margin

	Three Months Ended June 30,						Six Months Ended June 30,
(in millions)		2025			2024			2025			2024
Net sales	$	1,561		$	1,795		$	3,038		$	3,517
Less:
Cost of materials and other		(1,526	)		(1,610	)		(3,008	)		(3,041	)
Direct operating expenses (exclusive of depreciation and amortization)		(102	)		(118	)		(193	)		(221	)
Depreciation and amortization		(48	)		(43	)		(90	)		(92	)
Gross (loss) profit		(115	)		24			(253	)		163
Add:
Direct operating expenses (exclusive of depreciation and amortization)		102			118			193			221
Depreciation and amortization		48			43			90			92
Refining margin		35			185			30			476
Adjustments:
Revaluation of RFS liability, unfavorable (favorable)		89			—			200			(91	)
Unrealized loss (gain) on derivatives, net		2			(17	)		(1	)		7
Inventory valuation impacts, unfavorable (favorable) ⁽¹⁾		31			(2	)		10			(39	)
Adjusted refining margin	$	157		$	166		$	239		$	353

Total throughput barrels per day		172,149			186,208			146,406			190,999
Days in the period		91			91			181			182
Total throughput barrels		15,665,597			16,944,862			26,499,565			34,761,961

Refining margin per total throughput barrel	$	2.21		$	10.94		$	1.14		$	13.68
Adjusted refining margin per total throughput barrel		9.95			9.81			9.04			10.15
Direct operating expenses per total throughput barrel		6.45			6.94			7.32			6.34

(1) The Petroleum Segment’s basis for determining inventory value under GAAP is First-In, First-Out (“FIFO”). Changes in crude oil prices can cause fluctuations in the inventory valuation of crude oil, work in process and finished goods, thereby resulting in a favorable inventory valuation impact when crude oil prices increase and an unfavorable inventory valuation impact when crude oil prices decrease. The inventory valuation impact is calculated based upon inventory values at the beginning of the accounting period and at the end of the accounting period.

Reconciliation of Renewables Segment Net Loss to EBITDA and Adjusted EBITDA

	Three Months Ended June 30,						Six Months Ended June 30,
(in millions)		2025			2024			2025			2024
Renewables net loss	$	(11	)	$	(11	)	$	(11	)	$	(20	)
Interest income, net		—			—			—			(1	)
Depreciation and amortization		6			6			12			12
Renewables EBITDA		(5	)		(5	)		1			(9	)
Adjustments:
Inventory valuation impacts, (favorable) unfavorable ⁽¹⁾		1			3			(2	)		2
Renewables Adjusted EBITDA	$	(4	)	$	(2	)	$	(1	)	$	(7	)

Reconciliation of Renewables Segment Gross Loss to Renewables Margin and Adjusted Renewables Margin

	Three Months Ended June 30,						Six Months Ended June 30,
(in millions, except throughput data)		2025			2024			2025			2024
Net sales	$	76		$	63		$	142		$	97
Less:
Cost of materials and other		(71	)		(58	)		(121	)		(88	)
Direct operating expenses (exclusive of depreciation and amortization)		(7	)		(8	)		(14	)		(13	)
Depreciation and amortization		(6	)		(6	)		(12	)		(12	)
Gross loss		(8	)		(9	)		(5	)		(16	)
Add:
Direct operating expenses (exclusive of depreciation and amortization)		7			8			14			13
Depreciation and amortization		6			6			12			12
Renewables margin		5			5			21			9
Inventory valuation impacts, (favorable) unfavorable ⁽¹⁾		1			3			(2	)		2
Adjusted renewables margin	$	6		$	8		$	19		$	11

Total vegetable oil throughput gallons per day		154,716			126,556			155,325			101,075
Days in the period		91			91			181			182
Total vegetable oil throughput gallons		14,079,118			11,516,572			28,113,944			18,395,649

Renewables margin per vegetable oil throughput gallon	$	0.38		$	0.43		$	0.76		$	0.51
Adjusted renewables margin per vegetable oil throughput gallon		0.44			0.67			0.68			0.64
Direct operating expenses per vegetable oil throughput gallon		0.54			0.72			0.51			0.76

(1) The Renewables Segment’s basis for determining inventory value under GAAP is FIFO. Changes in renewable diesel and renewable feedstock prices can cause fluctuations in the inventory valuation of renewable diesel, work in process and finished goods, thereby resulting in a favorable inventory valuation impact when renewable diesel prices increase and an unfavorable inventory valuation impact when renewable diesel prices decrease. The inventory valuation impact is calculated based upon inventory values at the beginning of the accounting period and at the end of the accounting period.

Reconciliation of Nitrogen Fertilizer Segment Net Income to EBITDA and Adjusted EBITDA

	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)		2025		2024		2025		2024
Nitrogen Fertilizer net income	$	39	$	26	$	66	$	39
Interest expense, net		7		8		15		15
Depreciation and amortization		21		20		39		39
Nitrogen Fertilizer EBITDA and Adjusted EBITDA	$	67	$	54	$	120	$	93

The MIL Network –

July 31, 2025

MIL-OSI Russia: Yingkou City, Liaoning Province Boosts Fruit Exports to Central Asian Countries

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

An important disclaimer is at the bottom of this article.

Source: People’s Republic of China – State Council News

BEIJING, July 29 (Xinhua) — Yingkou City in northeast China’s Liaoning Province is stepping up exports of locally produced fruits to Central Asian countries. Thirteen tons of freshly picked Shine Muscat and Jufeng grapes recently passed quarantine inspection and were exported to Tashkent, the capital of Uzbekistan, under a special cold chain land transport route.

According to the website of the General Administration of Customs of the People’s Republic of China, the above-mentioned export was carried out under the supervision of customs officials of Bayuquan District, administratively subordinate to Dalian Customs. In addition, this is the first batch of grapes exported to Uzbekistan for Yingkou.

Yang Lansen, the person in charge of Yingkou Zhongxinwang Fresh Fruit Co., Ltd., said that in the process of developing new markets, the local customs not only helped their company strictly comply with the phytosanitary requirements of importing countries, but also provided timely professional advice on the standardization of orchard management and post-harvest processing technology, which provided strong support for the successful entry of our grapes into the Central Asian market.

At present, the area for growing high-quality grapes in Yingkou City has reached 11.7 hectares, and the annual production volume remains above 300 thousand tons.

With distinct four seasons and abundant sunshine, Yingkou has excellent conditions for growing plums and other specialty fruits.

Let us recall that in June this year, 38 tons of fresh plums were loaded onto trucks and sent to Kazakhstan. For Yingkou, this is the first batch of plums exported to Kazakhstan.

Local customs steadily ensure the smooth operation of the “green corridor” for inspection of export fruits at the place of production. At the same time, customs monitors harvesting schedules in orchards and plantations, packing plans in factories in real time, ensuring the principle of “application-inspection-export permit” for export fruits, achieving “zero waiting time” in customs clearance.

In the first half of 2025, 47.6 thousand tons of fruits worth 348 million yuan were exported under the supervision of customs officials in Bayuquan District, statistics showed. -0-

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

.

MIL OSI Russia News –

July 30, 2025
MIL-OSI China: Floods can’t stop the fun — China’s ‘Village Super League’ roars back

Source: People’s Republic of China – State Council News

China’s renowned “Village Super League,” also known as Cun Chao, has made a triumphant return with a gratitude-themed restart ceremony staged in Rongjiang County, Guizhou Province, on late Saturday, drawing tens of thousands of spectators. The celebration comes after devastating floods weeks ago, when the stadium and much of the county were submerged in floodwaters.

Four matches, including three friendship matches, were held on Saturday, of which many players from all walks of life contributed to the flood fighting in late June.

International stars, Roberto Baggio from Italy and Roberto Carlos from Brazil, also showed up during the halftime. “Although China is half a globe away from Europe, here I can feel that the passion for football is exactly the same,” said Baggio on the scene.

Li Sha, head of the county cultural center and a member of the event’s organizing committee, said that in just one month, Cun Chao is back in full swing. “This would not have been possible without nationwide support.”

An aerial drone photo taken on July 26 shows the restart ceremony of the “Village Super League,” also known as Cun Chao, staged in Rongjiang County, Guizhou Province in southwest China. (Xinhua/Liu Xu)

Launched in May 2023, Cun Chao has become one of China’s most prominent grassroots football events. Boosted by the sports event, Rongjiang County, home to a population of 385,000, attracted 7.6 million tourists in 2023 and over 9.4 million in 2024.

The third season kicked off in early January this year, with over 3,000 players from 108 village teams competing for the champion.

On June 24 and 28, rain-triggered floods hit the county hard, leading to the suspension of the league. The floods impacted 145,000 people and prompted 92,000 evacuations. Six people were killed.

This combined photo shows the newly re-constructed football field of the “Village Super League” in Rongjiang County, southwest China’s Guizhou Province, July 25, 2025 (Top, aerial drone photo) and the field under the impact of severe flooding on June 25, 2025 (Bottom, aerial drone photo). (Xinhua/Yang Wenbin)

GRATEFUL RETURN

At the ceremony in the newly renovated stadium with donated turf, repaired lighting and rebuilt corridors, a performance titled “Rebirth” reenacted scenes of firefighters, armed police, electricians and medical workers from nationwide joining in the rescue.

“When floods raged, seeing rescuers from across China made us feel assured,” said 55-year-old Yang Changrong, a performer from the Changba residential community, one of the worst-hit areas.

Yang recalled that the rescuers worked in extreme heat, carrying supplies by hand where vehicles could not reach. “When exhausted, they simply rested by the roadside. It was heart-wrenching yet inspiring.”

Figures show that over 30,000 rescuers rushed to aid the county and donations — nearly 80 million yuan (about 11 million U.S. dollars) in funds and 2.2 million relief items — poured in for the disaster relief work.

Liang Xiaolei attended the ceremony as part of the parade team that participated in the relief efforts.

The veteran rescuer called Rongjiang’s flood fight an experience that moved him the most. “From elderly folks to schoolchildren, everyone pitched in — cooking meals and clearing rubble,” he said. “Every time we opened the boxed meals and saw the tightly packed food, we felt their care.”

Cheerleading squad in ethnic costumes attend the restart ceremony of the “Village Super League,” also known as Cun Chao, staged in Rongjiang County, Guizhou Province in southwest China, July 26, 2025. (Photo by Long Jianrui/Xinhua)

REBUILDING HOPE

The restart of the league, a major sign of Rongjiang’s post-disaster recovery, has brought strong hope to people in their efforts to restore normal life.

As the football matches are back on schedule, hotels are fully booked, and schools have been made available to temporarily accommodate about 6,000 visitors.

Wearing the iconic yellow costume of the Brazilian national team, He Yufeng from Chongqing Municipality headed to Rongjiang with his family to see Roberto Carlos and watch the matches.

Also an amateur player, the 37-year-old plays football every weekend in Chongqing. “The atmosphere here is great. I’ll come back to play with my team if I get the chance,” he said.

Roberto Baggio (R) and Roberto Carlos (L) attend the “Village Super League,” also known as Cun Chao, staged in Rongjiang County, Guizhou Province in southwest China, July 26, 2025. (Photo by Long Jianrui/Xinhua)

Fruit vendor Yan Jiafu, who suffered much economic loss in the floods, reopened his shop after obtaining a 500,000 yuan government-subsidized loan in mid-July. “Cun Chao has brought back our confidence,” he said.

The county has coordinated with banks to provide financial support and state-owned properties to waive six-month rentals to related businesses. As of Friday, more than 90 percent of some 6,800 affected businesses had reopened.

After the gratitude-themed restart, Rongjiang will resume the league with full force and host all the delayed matches, said Xu Bo, the county’s Party chief.

“Bearing gratitude in mind, we will move on, bringing Cun Chao’s passion, vitality and joy to people across the country again,” Xu said.

MIL OSI China News –

July 27, 2025
MIL-OSI: Middlefield Global Dividend Growers ETF Distributions

Source: GlobeNewswire (MIL-OSI)

TORONTO, July 24, 2025 (GLOBE NEWSWIRE) — Middlefield Global Dividend Growers ETF (TSX: MDIV) (the “Fund”) is pleased to announce that distributions for the third quarter of 2025 will be payable to unitholders of Middlefield Global Dividend Growers ETF as follows:

Record Date Payable Date Distribution Per
Trust Unit

July 31, 2025 August 15, 2025 $0.06

August 31, 2025 September 15, 2025 $0.06

September 30, 2025 October 15, 2025 $0.06

The trust units trade on the Toronto Stock Exchange under the symbol MDIV.

The Fund offers a distribution reinvestment plan (“DRIP”) for unitholders which provides unitholders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth. Unitholders can enroll in the DRIP program by contacting their investment advisor.

Middlefield

Founded in 1979, Middlefield is a specialist equity income asset manager with offices in Toronto, Canada and London, England. Our investment team utilizes active management to select high-quality, global companies across a variety of sectors and themes. Our product offerings include proven dividend-focused strategies that span real estate, healthcare, innovation, infrastructure, energy, diversified income and more. We offer these solutions in a variety of product types including ETFs, Mutual Funds, Closed-End Funds, Split-Share Funds and Flow-through LPs.

For further information, please visit our website at www.middlefield.com or contact Nancy Tham in our Sales and Marketing Department at 1.888.890.1868.

This press release contains forward-looking information. The forward-looking information contained in this press release is based on historical information concerning distributions and dividends paid on the securities of issuers historically included in the portfolio of the Fund. Actual future results, including the amount of distributions paid by the Fund, may differ from the monthly distribution amount. Specifically, the income from which distributions are paid may vary significantly due to: changes in portfolio composition; changes in distributions and dividends paid by issuers of securities included in the Fund’s portfolio from time to time; there being no assurance that those issuers will pay distributions or dividends on their securities; the declaration of distributions and dividends by issuers of securities included in the portfolio will generally depend upon various factors, including the financial condition of each issuer and general economic and stock market conditions; the level of borrowing by the Fund; and the uncertainty of realizing capital gains. The risks, uncertainties and other factors that could influence actual results are described under “Risk Factors” in the Fund’s prospectus and other documents filed by the Fund with the Canadian securities regulatory authorities. The forward-looking information contained in this press release constitutes the Fund’s current estimate, as of the date of this press release, with respect to the matters covered hereby. Investors and others should not assume that any forward-looking statement contained in this press release represents the Fund’s estimate as of any date other than the date of this press release.

The MIL Network –

July 25, 2025
MIL-OSI Russia: “Summer in Moscow”: City Residents to Choose the Look of the Blooming “Active Citizen” Site

Translation. Region: Russian Federal

Source: Moscow Government – Government of Moscow –

An important disclaimer is at the bottom of this article.

The project “Active Citizen” a special landscape area will appear, which will become part of the festival “Gardens and Flowers”. In the new voting Muscovites will decide what its appearance will be.

During the summer festival “Gardens and Flowers”, which is organized as part of a large-scale project “Summer in Moscow”, the city is decorated with flower arrangements, vertical green walls, cozy alleys and picturesque water gardens appear on the streets. The green space of the Active Citizen project will be located on Prechistenskiye Vorota Square, next to the Kropotkinskaya metro station. The concept of the project provides for the creation of a picturesque green labyrinth, where each visitor will be able to enjoy the beauty of plants and spend time in a recreation area with swings.

Participants are invited to decide what flowers will decorate the Active Citizen project garden. The options include fragrant varietal roses or star jasmine, bright marigolds, delicate petunias and begonias, as well as medicinal sage and panicle hydrangeas. Muscovites will choose what color the swings on the playground should be: green, pink or blue. In addition, in the vote, residents of the capital will be able to suggest their own version of the name of the playground or choose from the proposed ones, for example, “Active Citizen Garden”, “Active Citizen Green Labyrinth” or another.

The site will not only be a decoration for the city, but also a symbol of the residents’ contribution to the development of Moscow through participation in voting and initiatives of the capital’s electronic projects.

Users of Active Citizen with a standard or full account on the mos.ru portal can share their opinions. Muscovites will be awarded points for the city loyalty program for voting in the project “A Million Prizes”, which can be used to obtain goods and services from program partners or donated to charity.

Project “Summer in Moscow” — the main event of the season. It brings together the most vibrant events of the capital. Every day, charity, cultural and sports events are held in all districts of the city, most of which are free. The Summer in Moscow project is being held for the second time, and this season will be more eventful: new, original and colorful festivals and events will be added to the traditional ones.

Project “Active Citizen” has been operating since 2014. During this time, more than seven million people have joined it, and more than seven thousand votes have been held. Every month, 30 to 40 decisions are implemented in the city. The project is being developed by the State Institution “New Management Technologies” and the capital Department of Information Technology.

The creation, development and operation of the e-government infrastructure, including the provision of mass socially significant services, as well as other services in electronic form, correspond to the objectives of the national project “Data Economy and Digital Transformation of the State” and the regional project of the city of Moscow “Digital Public Administration”.

Get the latest news quicklyofficial telegram channel the city of Moscow.

Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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MIL OSI Russia News –

July 23, 2025
MIL-OSI China: Time for China, EU to broaden consensus on navigating next 50 years of relations

Source: People’s Republic of China – State Council News

The upcoming China-EU Summit presents a valuable opportunity to reflect on the experience and insights gained from 50 years of bilateral ties. It offers a platform to build consensus and chart a stable and healthy path forward that benefits both sides and the world.

The summit comes at a time when geopolitical tensions, protectionism and unilateralism are increasingly fragmenting global relations. Furthermore, China-EU relations are at a critical juncture, presenting opportunities for deepening pragmatic cooperation while also highlighting the need for strengthened strategic communication to address global challenges and effectively manage differences.

In this context, there is hope that the meeting will convey clear and positive messages to advance win-win cooperation based on mutual respect and openness. The summit aims to chart a course for the next 50 years of bilateral relations, safeguard free trade and multilateralism, and provide certainty and positive energy in a world facing mounting challenges.

The past half century has witnessed remarkable developments of China-EU cooperation. The bilateral trade volume of goods increased from 2.4 billion U.S. dollars in 1975 to 785.8 billion dollars in 2024. Two-way investment stock has grown from nearly zero to 260 billion dollars. China and the EU are each other’s second-largest trading partners, with economic complementarity being a key feature of their cooperation.

China-EU cooperation serves as a prime example of mutually beneficial cooperation in the era of economic globalization, despite differences in history, culture, social systems and development stages.

Airbus illustrates this partnership well. Since entering the Chinese mainland market 40 years ago, the European aircraft manufacturer has seen its market share in China grow to more than 50 percent.

In 2003, China and the EU established a comprehensive strategic partnership. They have established over 70 consultation and dialogue mechanisms that cover various fields such as politics, economy and trade, humanities, science and technology, energy, and the environment. Additionally, the two sides have increased cooperation in the areas of digital and green transition.

Some valuable experience for comprehensive development includes the commitments to mutual respect, mutually beneficial cooperation, and free trade. These principles are the cornerstones of future China-EU ties, which is among the most influential relations worldwide.

Fruitful China-EU cooperation has contributed to the development and progress of both sides, delivering tangible benefits for nearly two billion people in China and the EU, and greatly promoted world peace and development.

However, in recent years, the bilateral relationship has faced difficulties and challenges, due to various frictions and differences on issues like trade. This has been particularly evident since the EU adopted a “partner-competitor-systemic rival” framework for characterizing bilateral relations in 2019. Some describe the EU’s positioning of China as akin to having all traffic lights (green, yellow and red) on at the same time. This approach not only fails to direct traffic, but will inevitably cause disruption.

Chinese culture holds that complaining about others will not lead to self-improvement. Given the scale of bilateral trade and the growing competitiveness of some of China’s industries, it is natural for some differences and frictions to arise. Solutions lie in dialogue and consultation.

The EU side has expressed concerns about its trade deficit with China. Yet, a thorough examination of the trade imbalance reveals that the situation is more complex than the deficit figure suggests. Three facts offer different perspectives. Firstly, the EU has long enjoyed a surplus in services trade with China. Secondly, it restricts the export of high-tech products to China. Thirdly, over one-third of exports from EU companies in China are sold to Europe, which means European companies get many of the benefits of the trade surplus.

There is no fundamental conflict of interests between China and the EU, but rather extensive common interests. Greater benefits will only come from partnership rather than rivalry. Bilateral cooperation was not — and will never be — a zero-sum game. To truly understand China-EU relations, it is important to hold a long-term, strategic and comprehensive perspective.

The world is currently experiencing significant turbulence and change. As China and the EU prepare for the next 50 years of cooperation, it is particularly important to reflect on and adhere to the original aspirations that guided the establishment of bilateral relations. This includes promoting values such as mutual benefit, solving problems through consultations, and opposing hegemony.

By learning from the past, the 25th China-EU Summit on Thursday should rise above differences and pool consensus to open up a new chapter of bilateral relations.

MIL OSI China News –

July 23, 2025
MIL-OSI USA: Rep. Mann Introduces Legislation to Strengthen Agricultural Supply Chain

Source: United States House of Representatives – Representative Tracey Mann (Kansas, 1)

WASHINGTON, D.C. – Today, U.S. Representative Tracey Mann (KS-01) led 16 of his colleagues in introducing legislation to remove regulatory roadblocks for heavy vehicle operators when renewing their commercial driver’s licenses (CDLs). The Seasonal Agriculture CDL Modernization Act enables seasonal drivers to renew their CDL online while providing greater flexibility in the types of commercial vehicles they can operate. As the American Trucking Association estimates a national truck driver shortage of 115,000 by the end of 2025, Rep. Mann’s legislation reforms the Farm-Related Restricted Commercial Driver’s License program by allowing states to develop an online registration and renewal system for farm-related service providers, enabling drivers to more easily renew their seasonal license.

“Successfully feeding, clothing, and fueling the world doesn’t stop when crops are harvested,” said Rep. Mann. “The entire agriculture supply chain relies on timely and reliable delivery every step of the way from production to consumption. If our nation’s farmers, ranchers, and agricultural producers can’t access the machinery they need to operate their farms or transport their products to storage, it would be impossible for them to fulfill their calling or deliver products to consumers. Our bill strengthens the entire agricultural supply chain by enacting commonsense reforms that make it easier for farm-service drivers to simply do their jobs and serve customers and consumers. Food security is national security that we can and should protect by removing regulatory burdens.”

Joining Rep. Mann in introducing the Seasonal Agriculture CDL Modernization Act are Reps. Jeff Hurd (CO-03), Ron Estes (KS-04), Randy Feenstra (IA-04), Brad Finstad (MN-01), Mark Messmer (IN-08), Derek Schmidt (KS-02), Buddy Carter (GA-01), Troy Nehls (TX-22), Jack Berman (MI-01), John Rose (TN-06), Adrian Smith (NE-03), Mike Flood (NE-01), David Kustoff (TN-08), Craig Goldman (TX-12), Tim Burchett (TN-02), and Bruce Westerman (AR-04).

“This bill delivers commonsense wins that will make it easier for the ag sector to keep essential goods moving,” said Rep. Flood. “By streamlining the CDL process and clarifying federal definitions, we’re reducing red tape without compromising safety. This is a smart step toward strengthening our nation’s ag supply chain.”

“The work of Hoosier farmers never stops as they feed Americans and the world,” said Rep. Messmer. “I am proud to support Congressman Mann’s bill to get government red tape out of the way and let farmers do what they do best!”

The Seasonal Ag CDL Modernization Act is supported by the Kansas Association of Wheat Growers, Kansas Corn Growers Association, Kansas Grain and Feed Association, Kansas Farm Bureau, Kansas Sorghum Producers, Kansas Soybean Association, Agribusiness Association of Iowa, Agribusiness Association of Kentucky, Agribusiness Council of Indiana, Agricultural Council of Arkansas, Agricultural Retailers Association, Agriculture Transportation Coalition, American Cotton Shippers Association, American Farm Bureau Federation, American Feed Industry Association, American Honey Producers Association, American Malting Barley Association, Council of Producers & Distributors of Agrotechnology, Far West Agribusiness Association, Farm Credit Council, Florida Fertilizer & Agrichemical Association, Georgia Agribusiness Council, Idaho Grain Producers Association, Kansas Agribusiness Retailers Association, Michigan Agri-Business Association, Minnesota Crop Production Retailers, Mississippi Agricultural Industry Council, Missouri Agribusiness Association, Montana Agricultural Business Association, National Aquaculture Association, National Association of Wheat Growers, National Barley Growers Association, National Cattlemen’s Beef Association, National Corn Growers Association, National Cotton Council, National Council of Farmer Cooperatives, National Grain and Feed Association, National Grange, National Farmers Union, National Milk Producers Federation, National Pork Producers Council, National Sunflower Association, National Sorghum Producers, Nebraska Agri-Business Association, Nebraska Cooperative Council, North American Millers’ Association, North American Renderers Association, North Carolina AgriBusiness Council, North Dakota Agricultural Association, North Dakota Grain Dealers Association, Louisiana Ag Industries Association, Ohio AgriBusiness Association, Pet Food Institute, Rocky Mountain Agribusiness Association, South Dakota Agri-Business Association, Southern Crop Production Association, Texas Ag Industries Association, Texas Grain & Feed Association, The Fertilizer Institute, USA Rice, U.S. Canola Association, US Rice Producers Association, Virginia Agribusiness Council, Washington Association of Wheat Growers, Wisconsin Agri-Business Association, Wyoming Ag Business Association and the Wyoming Wheat Growers Association.

“This important legislation, championed by Representative Tracey Mann and the original co-sponsors, provides critical support for agricultural retailers who deliver essential products and services to our farms and livestock operations,” said Richard Gupton, the Senior Vice President of Public Policy for the Agricultural Retailers Association. “By modernizing outdated regulations, this bill empowers retailers to operate more efficiently and reliably, strengthening the entire agricultural supply chain and helping our rural communities thrive. Additionally, by allowing for increased load capacities, the proposal helps alleviate the industry’s chronic driver shortage, enabling businesses to make fewer trips with the same workforce and ensuring that essential goods reach their destinations in a timely manner.”

“The Agriculture Transportation Coalition has long recognized that there is nothing we produce in agriculture in the United States that cannot be sourced somewhere else in the world,” said Peter Friedmann, Executive Director of the Agriculture Transportation Coalition. “If we are unable to transport and deliver affordably and dependably, our international customers will buy from those other countries, and US farmers, ranchers, processors will lose those sales. The international agriculture supply chain begins at the farms here in the United States. The need to enhance transport efficiency at the very beginning of the supply chain, namely the harvest at the field, has never been greater. The Seasonal Agriculture CDL Modernization Act, will advance this essential component of the domestic and international export supply chain, to keep our agriculture competitive in the global and domestic marketplace. The AgTC strongly supports this bill.”

“As America’s oldest grassroots agriculture and rural life advocacy organization, the National Grange appreciates Representative Mann taking the lead on the Seasonal Ag CDL Modernization Act,” said Burton Eller, Executive Director of National Grange. “The seasonal ag CDL is a critical link in the success of our harvest chain in rural America.”

“The Seasonal Ag CDL Modernization Act is a major win for the Wisconsin Agri-Business Association and its members,” said Grace Howe, Executive Director of the Wisconsin Agri-Business Association. “By extending the restricted seasonal CDL period and aligning licensing with the calendar year, it provides agribusinesses with more flexibility during peak planting and harvest seasons. This change reduces administrative burdens, streamlines compliance with federal and state rules, and ensures a more reliable seasonal workforce, and ultimately saving time, cutting costs, and supporting smoother operations across Wisconsin’s ag supply chain.”

“The Pet Food Institute (PFI), whose members make the vast majority of dog and cat food and treats in the U.S., supports Rep. Tracey Mann (R-Kan.) in proposing updates to the Farm-Related Service Industries Restricted CDL program that will set a new federal definition for implements of husbandry,” said PFI’s president and CEO, Dana Brooks. “U.S. pet food is predominantly made with ingredients produced on American farms, and pet food manufacturing is a major contributor to agricultural and rural economies. We recognize that modern agriculture depends on a broad array of vehicles and equipment to operate efficiently, to innovate and to continue producing safe, quality food for people and pets.”

“Montana agricultural businesses and producers already face major challenges, from weather and drought to delays getting product across our borders,” said Tanner Hoversland, Montana Agricultural Business Association Board Chair. “Legislation like the Seasonal Ag CDL Modernization Act is good government policy that makes improvements to this essential licensing process, and removes burdens instead of throwing up more roadblocks, especially for our rural operators. The Montana Agricultural Business Association and its members are grateful to Rep. Mann for introducing this commonsense proposal.”

###

For more information about Representative Mann, visit: www.mann.house.gov

MIL OSI USA News –

July 23, 2025
MIL-OSI USA: Rep. Huffman Introduces Bill to Protect Small Farmers and Producers

Source: United States House of Representatives – Congressman Jared Huffman Representing the 2nd District of California

July 22, 2025

Washington, D.C. – Today, Representative Jared Huffman (CA-02) re-introduced legislation that would enshrine the right for small cannabis producers to ship and sell their products directly to consumers. This bill, the Small and Homestead Independent Producers (SHIP) Act, would enable small farmers and producers to operate their businesses within and across state lines. The legislation is specifically targeted to support the smallest family farmers and help them sustain their businesses under a larger federal legalization law.

“Larger, commercialized cannabis operators are infiltrating the market and squeezing out our local farmers in the process,” said Rep. Jared Huffman. “So when the antiquated federal prohibition on cannabis finally gets repealed, we need to have substantial legislation ready to help these small businesses survive. My legislation would ensure that folks can ship their products straight to consumers, which would both help expand small businesses and ensure farmers stay afloat. When full legalization is guaranteed, we must commit to not leaving our smallest family-farmers behind.”

“Nearly 15 years into the experiment of state-level cannabis legalization, the cracks in the system are clear: small and craft producers are being pushed to the margins, safe access for consumers and patients is shrinking, and the industry is consolidating into the hands of a few,” said Ross Gordon, Co-Founder at National Craft Cannabis Coalition and Policy Analyst at Origins Council. “Without direct-to-consumer shipping, federal cannabis legalization risks reinforcing these failures instead of correcting them. The SHIP Act is a make-or-break policy for the future of small cannabis businesses in California and across the country.”

“Our state’s DTC framework helps support nearly 1,700 cultivators in a state of 1.2 million people,” said Mark Barnett, Co-Founder at National Craft Cannabis Coalition and Policy Director at Maine Craft Cannabis Association. “Without these opportunities, quality in the legal market will suffer, and consumers will look elsewhere. The SHIP Act would guarantee that small farmers have a pathway to participate in one of the country’s most promising new economic frontiers.”

“The regulation of cannabis has, unfortunately, not equated to adequate access,” said Frederika McClary Easley, President of the Minority Cannabis Business Association (MCBA). “Many patients and consumers navigate plant deserts that have been created due to municipal opt-outs and zoning restrictions. The SHIP Act will help to address this while prioritizing access for small craft producers, which in turn positively impacts their success and sustainability. MCBA is proud to support this piece of federal legislation that recognizes the importance of craft growing and small businesses as the bedrock of this burgeoning industry.”

This bill is co-sponsored by Representative Val Hoyle.

It is endorsed by National Craft Cannabis Coalition, Minority Cannabis Business Association, National Cannabis Industry Association, Drug Policy Alliance, Parabola Center, Marijuana Justice, Veterans Cannabis Coalition, Origins Council, Washington Sun & Craft Growers Association, Vermont Growers Association, Maine Craft Cannabis Association, Humboldt County Growers Alliance, Mendocino Cannabis Alliance, Trinity County Agricultural Alliance, and the Central California Cannabis Club.

Full text of this legislation can be found here.

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Previous Article

MIL OSI USA News –

July 23, 2025
MIL-OSI Canada: Nova Scotia Wines Receive Award for Excellence
Source: Government of Canada regional news

Four wines received the 2025 Lieutenant-Governor’s Award for Excellence in Nova Scotia Wines during a ceremony at Government House in Halifax today, July 22.

“Nova Scotia’s wine industry is a dynamic fusion of innovation and tradition, where winemakers create distinctive, expressive wines that truly embody the spirit of the Atlantic coast,” said Lt.-Gov. Mike Savage. “I am proud to congratulate this year’s award recipients, who exemplify the highest standards of quality and craftsmanship.”

The recipients are:
- 2022 Reserve Chardonnay, Blomidon Estate Winery, Canning
- 2022 Chardonnay, Blomidon Estate Winery, Canning
- 2019 Blanc de Blanc, Domaine de Grand Pré, Grand Pré
- 2017 Small Lot Trio Brut, Lightfoot & Wolfville Vineyards, Wolfville.
The award is administered annually by Wine Growers Nova Scotia and Taste of Nova Scotia in partnership with the Office of the Lieutenant-Governor.

Wineries across the province submitted up to three commercially available wines made with 100 per cent Nova Scotian grapes. An independent panel of experts participated in a blind tasting of all wines to select the top submissions for the award.

Quotes:

“The Lieutenant-Governor’s Award for Excellence in Nova Scotia Wines is a prestigious recognition and a testament to the hard work and dedication of our province’s exceptional farm wineries. The award not only celebrates the excellence of individual producers, but also symbolizes the remarkable growth of the farm wine industry in Nova Scotia. As our region continues to craft world-class wines, it’s clear that we are making our mark on the global wine scene. We are incredibly proud of the 2025 award winners, whose passion and commitment continue to elevate Nova Scotia as a premier wine destination.”
— Karl Coutinho, President, Wine Growers Nova Scotia

“Nova Scotia’s farm wine industry is driven by excellence, creativity and a deep connection to place. Rooted in our distinct cool climate and coastal terroir, each bottle tells a story of innovation, resilience and craft. Our grape growers and winemakers are not only producing wines that compete on the world stage – they’re defining what’s possible in cool-climate winemaking. The Lieutenant-Governor’s Award for Excellence in Nova Scotia Wines continues to shine a light on the people, passion and place behind this remarkable industry.”
— Emily Haynes, Executive Director, Taste of Nova Scotia

Quick Facts:
- the award program was established by former lieutenant-governor J.J. Grant in 2014 to recognize locally sourced and produced wines
- 33 wines from 12 wineries were submitted this year for adjudication by a panel of independent judges
- each winning winery is presented with a gold medal and a certificate; they may advertise that the wine is an award recipient
MIL OSI Canada News –
July 23, 2025
MIL-OSI USA: Boozman Joins Push to Expand Access to Mental Health Care for Farmers, Rural Communities
US Senate News:
Source: United States Senator for Arkansas – John Boozman

WASHINGTON—U.S. Senator John Boozman (R-AR), Chairman of the Senate Agriculture, Nutrition, and Forestry Committee, joined a bipartisan group of colleagues led by Senators Tammy Baldwin (D-WI) and Joni Ernst (R-IA) to introduce the Farmers First Act of 2025, legislation aimed at strengthening mental health resources for farmers, ranchers and rural communities. The Farmers First Act of 2025 reauthorizes and increases funding for the Farm and Ranch Stress Assistance Network (FRSAN), a program that connects agricultural workers to critical stress assistance and mental health services.

“Arkansas farmers face unique challenges that are often beyond their control and can take a serious toll on their mental health – from unpredictable weather and market volatility to the isolation that often comes with rural life,” Boozman said. “We have a responsibility to ensure they are not facing these burdens alone. This legislation builds on our efforts to deliver meaningful support and expand access to mental health care in rural communities.”

“Wisconsin’s farmers and ranchers work hard every day to keep their businesses running and our Made in Wisconsin agricultural economy moving forward. But too often, the stress, isolation, and physical demands of this job leave them with nowhere to turn when it all gets to be too much,” Baldwin said. “I’m working to make sure our farmers and rural communities have the resources they need because no one should have to fight these battles alone.”

“Iowa farmers work tirelessly from sunrise to sundown – rain or shine – to feed and fuel the world. Their work isn’t easy, and mental health issues, including suicide, are too common in our agriculture community, which is why I’m working to ensure farmers have better access to mental health resources,” Ernst said.

The Farmers First Act of 2025 would authorize $15 million annually for FRSAN through fiscal year 2030, up from the current $10 million. These funds will help state departments of agriculture, extension services and nonprofits provide:
- Suicide prevention training for farm advocates;
- Behavioral health specialists to serve agricultural communities;
- Support groups tailored to farmers, ranchers and farmworkers; and
- Expanded crisis hotlines and referral services.
Boozman helped establish FRSAN in the 2018 Farm Bill and has consistently advocated for its expansion. The program currently operates through four regional centers and has proven effective in increasing access to mental health services in rural areas.

Senators Susan Collins (R-ME) and Tina Smith (D-MN) have co-sponsored the bill.

The Farmers First Act of 2025 also has the support of the National Farmers Union, National Rural Health Association, National Milk Producers Federation, Agriculture Retailers Association, The National Council, FarmFirst Dairy Cooperative, Organic Trade Association, American Psychological Association Services, NCBA CLUSA, Farm Credit Council, National Association of State Departments of Agriculture, Organic Farmers Association, National Pork Producers Council, American Soybean Association, Midwest Dairy Coalition, Farm Aid, National Association of Wheat Growers, National Corn Growers Association, Northeast Organic Dairy Producers Alliance, Sustainable Food Policy Alliance, National Sustainable Agriculture Coalition, National Organic Coalition, Farmer Veteran Coalition and American Farm Bureau Federation.

Bill text is available here.
MIL OSI USA News –
July 23, 2025
MIL-OSI Canada: New Fund to Support Growth in Agriculture, Seafood Sectors
Source: Government of Canada regional news

The Province is launching a new fund to support big, bold projects in the agriculture and seafood sectors.

“This fund is about supporting the people who bring new ideas to grow our economy and help businesses,” said Greg Morrow, Minister of Agriculture. “Agriculture and seafood are important traditional industries in our province. But we can’t keep doing things the same old way – we need to support fresh thinking and innovation.”

The Nova Scotia Seafood and Agriculture Strategic Investment Fund will support companies proposing large-scale projects that boost productivity and help their business expand. It could involve adopting new technology, changing how they do business, or finding new markets for their products.

“We are looking for creative ideas that can take businesses to the next level,” said Kent Smith, Minister of Fisheries and Aquaculture. “This isn’t just about helping individual companies, this is an all-hands-on-deck effort to build stronger industries and a stronger province.”

Quotes:

“Innovation truly thrives when industry and government actively join forces, combining expertise to drive meaningful progress and accelerate impactful change. Oberland welcomes opportunities to partner with the Government of Nova Scotia to advance sustainable solutions that turn local challenges into global leadership.”
— Greg Wanger, founder and CEO, Oberland Agriscience Inc.

“We’re pleased to see this investment as a positive step forward for Nova Scotia’s agriculture industry. Strategic support like this helps strengthen our competitiveness, drives innovation and creates opportunities for sustainable growth in the sector.”
— Alicia King, President, Nova Scotia Federation of Agriculture

“The members of the Nova Scotia Seafood Alliance are experiencing first-hand the challenges of tariffs and the changing expectations of our global seafood customers. We need an industry that is innovative, resilient and adaptive to meet the needs of more diverse markets and customers so that we can maximize the economic value of the seafood sector for Nova Scotia’s seafood producers and for Nova Scotians. The alliance is pleased that with the launch of the new Nova Scotia Seafood and Agriculture Strategic Investment Fund, the Province is showing its continued commitment to supporting the innovation and diversification efforts of the seafood sector as we continue to evolve to provide the highest quality seafood to the world.”
— Allan MacLean, President, Nova Scotia Seafood Alliance

Quick Facts:
- the Province is providing $4.71 million for the fund
- funded projects must be completed by January 2027
- the fund will be managed by Perennia, a provincial development agency with a mission to support growth, transformation and economic development in Nova Scotia’s agriculture, seafood and food and beverage sectors
Additional Resources:

Nova Scotia Seafood and Agriculture Strategic Investment Fund: https://www.perennia.ca/sasi/

News release – New Mapping Tool Supports Aquaculture Growth: https://news.novascotia.ca/en/2025/07/03/new-mapping-tool-supports-aquaculture-growth

News release – Seafood Companies Receive Climate Change Funding: https://news.novascotia.ca/en/2025/06/27/seafood-companies-receive-climate-change-funding

News release – Province Partners with Horticulture Nova Scotia to Extend Growing Season: https://news.novascotia.ca/en/2025/06/04/province-partners-horticulture-nova-scotia-extend-growing-season

News release – New Food Safety Pilot Program to Help Local Producers Expand: https://news.novascotia.ca/en/2025/04/25/new-food-safety-pilot-program-help-local-producers-expand

Other than cropping, Province of Nova Scotia photos are not to be altered in any way.

MIL OSI Canada News –
July 23, 2025
MIL-OSI New Zealand: Environment – EPA approves two biological controls to combat noxious weed

Source: Environmental Protection Authority

The Environmental Protection Authority (EPA) has approved a rust fungus and a flower weevil to control Darwin’s barberry, a spiny invasive shrub.

Environment Canterbury, on behalf of the National Biocontrol Collective, applied to use two biological control agents to combat Darwin’s Barberry ( Berberis darwinii) in New Zealand. Those biocontrol agents are a rust fungus ( Puccinia berberidis-darwinii) and the Darwin’s barberry flower weevil ( Anthonomus kuscheli).

Darwin’s barberry is a resilient noxious weed found in disturbed forests, pastures, shrubland and short tussock-land. It is a threat to indigenous ecosystems throughout the country, as well as to pastures where livestock graze. Standard control methods such as herbicides or weeding are often costly, impractical and harmful to the environment.

It is native to Chile and Argentina and was introduced to Aotearoa New Zealand as a garden plant in the 1940s. Fruit-eating birds deposit seeds far from the parent bush, increasing its spread.

The plant can be found throughout New Zealand – particularly in the Canterbury, Otago, and Wellington regions. These biocontrol agents could also be used to target Darwin’s barberry elsewhere in the country.

Both the flower weevil and the rust fungus proposed for introduction are native to South America. All organisms new to New Zealand must receive approval from the EPA before being released into the New Zealand environment.

“The independent decision-making committee approved the introduction of these two organisms following a rigorous, evidence-based assessment,” says Dr Chris Hill, General Manager of Hazardous Substances and New Organisms at the EPA.

“The applicant’s risk assessment showed that these agents are highly unlikely to harm native plants or animals. The weevil does not bite or sting, so there is no health risk to people, and the rust fungus is also benign.”

Dr Hill says the decision followed public consultation, engagement with mana whenua, and consideration of international best practice.

“New Zealand has a strong track record of using biological control agents to manage invasive weeds with minimal impact on native ecosystems,” he says.

In recent years the EPA has approved other biocontrol agents for weeds such as purple loosestrife, old man’s beard, Sydney golden wattle and moth plant.

For more information, read the decision documents

Learn more about biocontrol agents

MIL OSI New Zealand News –

July 22, 2025
MIL-OSI USA: Carbajal Hosts House Agriculture Committee’s Top Democrat in Santa Barbara, Carpinteria

Source: United States House of Representatives – Representative Salud Carbajal (CA-24)

On July 19th, U.S. Representative Salud Carbajal (D-CA-24), a member of the House Agriculture Committee, hosted the Committee’s Ranking Member Angie Craig (D-MN-02) in Santa Barbara and Carpinteria. The lawmakers organized roundtable discussions with local farmers, agriculture groups, community associations, and government officials to discuss wildfire prevention, federal support for specialty crops, farm automation, and more. Download photos here.

“I was honored to welcome Ranking Member Craig to the Central Coast for productive conversations with our local agricultural community and stakeholders focused on wildfire prevention,” said Rep. Carbajal. “The Central Coast is one of our nation’s agricultural powerhouses, but it’s not immune to the challenges posed by climate change and macroeconomic conditions. That’s why Ranking Member Craig and I held a series of roundtable discussions with local farmers, agriculture groups, community associations, and government officials. We talked about collaborative solutions for mitigating wildfires and other environmental threats, while exploring opportunities for the federal government to help ensure Central Coast agriculture remains globally competitive.”

“I thank Representative Carbajal for inviting me to California’s 24th Congressional District to meet with stakeholders from across the forest management and specialty crop sectors. It is always valuable to hear directly from specialty crop producers, and it was particularly eye-opening to learn from the experiences of wildfire experts on the ground – as firefighters battle three wildfires burning in northern Minnesota. I will lean on their insights as we continue searching for a path forward for the farmers left behind by the Republican budget. The conversations I had with folks today reflected an urgent need for congressional oversight of the USDA – whose mass layoffs have left communities vulnerable as we enter peak wildfire season – and investments in programs that support the specialty crop farmers who feed our families,” said Ranking Member Angie Craig.

Carbajal and Craig held their first roundtable at the Santa Barbara Botanical Gardens, where they discussed wildfire prevention for the Los Padres National Forest and surrounding communities. The group explored proactive measures — such as fuels management, community education, interagency coordination, and infrastructure resilience — to reduce the risk of catastrophic wildfires. Policies and partnerships that safeguard lives, property, and landscapes along the Los Padres forest boundary and beyond are critical.

The roundtable’s participants included representatives from: the Santa Barbara Botanic Garden, Los Padres National Forest, Santa Barbara County Fire Department, Santa Barbara City Fire, Santa Barbara County Board of Supervisors, Santa Barbara Fire Safe Council, Mission Canyon Association, Montecito Association, Cal Poly Wildfire, Los Padres Forest Watch, and Project for Resilient Communities.

The second roundtable was held at Reiter’s Peak-Flynn Ranch in Carpinteria, where the group discussed the unique nature of Central Coast agriculture, research in mechanization, the federal specialty crop block grant program, labor shortages, trade, and more.

The roundtable’s participants included representatives from: Reiter Affiliated Companies, Santa Barbara County Flower & Nursery Growers Association, California Avocado Commission, Grower-Shipper Association of Santa Barbara and San Luis Obispo Counties, Santa Barbara County Agricultural Advisory Committee, California Farm Bureau, Santa Barbara County Farm Bureau, Ventura County Farm Bureau, and Santa Barbara County Agricultural Commissioner.

MIL OSI USA News –

July 22, 2025
MIL-OSI USA: “A Big Difference”: Trump Administration’s Tomato Tariffs Already a Game Changer for American Farmers

US Senate News:

Source: US Whitehouse
In a decisive move to protect American agriculture and restore fairness, the Trump Administration’s tariffs on fresh Mexican tomato imports are already boosting American farmers, growers, and business owners.
Here’s what they’re saying:
Chad Smith, Smith Tomato Farm (Steele, AL): “It’s only been two days now, and we actually have a lot more calls of people having interest in doing business — and the price hasn’t even changed.”
Matt Rudd, Rudd Family Farm (Browns Summit, NC): “What you see in the grocery store now, instead of all those tomatoes from Mexico and everywhere else, it should be more local and United States-grown — where we can compete with those prices.”
Rich Troccio, Bloomfield Groceria (Pittsburgh, PA): “It will not bother me if he put a 50% tariff on Mexico. It wouldn’t bother me because I don’t buy from there. It’s just the way I am. As long as it’s something grown here, this is where I want to buy my product.”
Sam Newell, Fruit Fair (Chicopee, MA): “It’s a win-win for the community and us. Having tariffs on imported goods gives us a more level playing field.”
Mark Reuben, Gilcrease Orchard (Las Vegas, NV): “We won’t raise our price, so it will stay $1.50/pound, which is what we charge.”
Logan Duvall, Me and McGee Market (Little Rock, AR): “I can’t see how the tariffs are going to be negative on us at all. Being as tomatoes are a massive part of what we do, and we see the impact when that money goes directly to our farmers in our community versus a multinational conglomerate — it’s a big difference.”
Steve Longmire, Tennessee Homegrown Tomatoes (Rutledge, TN): “In the fall and wintertime, we have to count on — and, you know, the nation does — tomatoes in the warmer climates, so that’s where it’s going to be a good thing for the farmer. Hopefully more of their tomatoes are going to sell at a little bit better price because of the tariff on the imports.”
Patty Morgan, Grainger County (TN) Tomato Festival: “It’s a huge industry in our county.”

MIL OSI USA News –

July 22, 2025
MIL-OSI Canada: Governments of Canada and Saskatchewan Announce Changes to 2025 AgriStability Program

Source: Government of Canada regional news

Released on July 21, 2025

Following a virtual meeting of Federal, Provincial and Territorial (FPT) Ministers of Agriculture, Federal Minister of Agriculture and Agri-Food Heath MacDonald and Saskatchewan Minister of Agriculture Daryl Harrison announced Saskatchewan producers will see changes to AgriStability for the 2025 program year.

“Now is the time for unity, and we are working together to deliver for producers right across the country to make sure our programs work for them,” MacDonald said. “That is why, at our meeting last week, we agreed to make changes to AgriStability so that producers facing trade uncertainty and dry conditions have more protection.”

“Supporting producers with immediate changes to AgriStability increases the effectiveness of the program,” Harrison said. “Reliable and effective business risk management programs help protect against large declines in producers’ margins and are an important tool for a strong agricultural sector in Saskatchewan.”

For the 2025 AgriStability program year, the Saskatchewan Crop Insurance Corporation (SCIC) is immediately implementing program changes to respond to ongoing international trade concerns and strengthen the program’s support for Saskatchewan producers.

For the 2025 program year only, AgriStability participants will see an increase in the compensation rate from 80 per cent to 90 per cent, meaning producers who access a benefit will now receive 90 cents on every dollar of eligible margin decline, generating larger payments. The margin protection AgriStability can provide is unique to each farm, making it important for producers to understand their historical reference margin.

In addition, for the 2025 program year only, the maximum payment cap is doubling, from $3 million to $6 million per operation. This change can provide additional protection for eligible operations.

Starting in the 2026 program year, AgriStability will see adjustments to the feed inventory pricing for livestock producers. This permanent change ensures the program appropriately captures the feed inventory valuation method for inventories destined to be used on farm and not sold. This change ensures program calculations properly reflect farm realities, especially in years of dry conditions.

In addition, AgriStability allowable expenses are under consideration for the 2026 program year. This includes considering feed expenses from grazing on rented pasture as an eligible expense, which means if a producer rents pasture, AgriStability would capture the value of the feed consumed by livestock and include it as an allowable expense.

“The Saskatchewan Association of Rural Municipalities (SARM) has been strongly advocating on behalf of agricultural producers and ranchers, and we are pleased to hear there will be changes made to the AgriStability Program for 2025,” SARM President Bill Huber said. “Offering producers further coverage, including permanent adjustments to feed inventory pricing for 2026, are all welcome additions to the program. Saskatchewan producers are currently facing rising costs, harsh weather conditions causing drought and feed uncertainty. These changes are a good first step in providing support for farming operations at a time when they need it most.”

“The Saskatchewan Cattle Association (SCA) has long advocated for changes to the eligible feed expenses and changes to the feed inventory pricing for AgriStability,” SCA Chair Chad Ross said. “We applaud the changes announced today, including moving forward with the permanent change to the feed inventory pricing for the 2026 program year. This should make the program more responsive for livestock producers. We will continue to advocate for the allowable feed expenses to become permanent as well.”

“The Saskatchewan Stock Growers Association (SSGA) would like to thank Minister Harrison for his consultations and continued work for the livestock sector,” SSGA President Jeff Yorga said. Including feed inventory cost and rental costs is a positive first step towards making AgriStability relevant to producers. As we deal with the effects of a decade long drought, BRM improvements are key to industry sustainability. We look forward to working for producers and advocating for further change.”

“Farmers, particularly livestock producers, will be pleased with these improvements in risk management,” Agricultural Producers Association of Saskatchewan (APAS) President Bill Prybylski said. “The permanent changes in feed accounting and cost adjustments mean the unique hurdles they face are finally being acknowledged. APAS is thrilled to witness these positive developments and advises all farmers to consider what AgriStability has to offer for protecting their businesses.”

The AgriStability Program continues to respond. From 2018 to 2023, AgriStability has paid over $645 million in benefits. Payments are trending higher for the 2024 program year, compared to the past 15 years.

SCIC reminds Saskatchewan producers that the deadline to enrol in AgriStability for the 2025 program year is extended to July 31, 2025. With a deadline extension to the end of July, producers are well positioned to evaluate the real-time impacts to their operation. They can make the best-informed decision to enrol in AgriStability.

AgriStability protects Canadian producers against large declines in farming income for reasons such as production loss, increased costs and market conditions. It is one of the Business Risk Management programs under the Sustainable Canadian Agricultural Partnership (Sustainable CAP).

For more information, producers can call 1-866-270-8450 or visit scic.ca.

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For more information, contact:

MIL OSI Canada News –

July 22, 2025

MIL-OSI: BlackRock® Canada Announces July Cash Distributions for the iShares® ETFs

Source: GlobeNewswire (MIL-OSI)

TORONTO, July 21, 2025 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the July 2025 cash distributions for the iShares ETFs listed on the TSX or Cboe Canada which pay on a monthly basis. Unitholders of record of the applicable iShares ETF on July 28, 2025 will receive cash distributions payable in respect of that iShares ETF on July 31, 2025.

Details regarding the “per unit” distribution amounts are as follows:

Fund Name	Fund Ticker	Cash Distribution Per Unit
iShares 1-10 Year Laddered Corporate Bond Index ETF	CBH	$0.051
iShares 1-5 Year Laddered Corporate Bond Index ETF	CBO	$0.051
iShares S&P/TSX Canadian Dividend Aristocrats Index ETF	CDZ	$0.117
iShares Equal Weight Banc & Lifeco ETF	CEW	$0.063
iShares 1-5 Year Laddered Government Bond Index ETF	CLF	$0.033
iShares 1-10 Year Laddered Government Bond Index ETF	CLG	$0.037
iShares S&P/TSX Canadian Preferred Share Index ETF	CPD	$0.055
iShares US Dividend Growers Index ETF (CAD-Hedged)	CUD	$0.087
iShares Convertible Bond Index ETF	CVD	$0.071
iShares Global Monthly Dividend Index ETF (CAD-Hedged)	CYH	$0.077
iShares Canadian Financial Monthly Income ETF	FIE	$0.040
iShares U.S. Aggregate Bond Index ETF	XAGG	$0.111
iShares U.S. Aggregate Bond Index ETF⁽¹⁾	XAGG.U	$0.068
iShares U.S. Aggregate Bond Index ETF (CAD-Hedged)	XAGH	$0.096
iShares Core Canadian Universe Bond Index ETF	XBB	$0.080
iShares Core Canadian Corporate Bond Index ETF	XCB	$0.069
iShares ESG Advanced Canadian Corporate Bond Index ETF	XCBG	$0.121
iShares U.S. IG Corporate Bond Index ETF	XCBU	$0.134
iShares U.S. IG Corporate Bond Index ETF⁽¹⁾	XCBU.U	$0.112
iShares Core MSCI Global Quality Dividend Index ETF	XDG	$0.073
iShares Core MSCI Global Quality Dividend Index ETF⁽¹⁾	XDG.U	$0.047
iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)	XDGH	$0.063
iShares Core MSCI Canadian Quality Dividend Index ETF	XDIV	$0.117
iShares Core MSCI US Quality Dividend Index ETF	XDU	$0.064
iShares Core MSCI US Quality Dividend Index ETF⁽¹⁾	XDU.U	$0.047
iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged)	XDUH	$0.058
iShares Canadian Select Dividend Index ETF	XDV	$0.126
iShares J.P. Morgan USD Emerging Markets Bond Index ETF (CAD-Hedged)	XEB	$0.064
iShares S&P/TSX Composite High Dividend Index ETF	XEI	$0.112
iShares Core Canadian 15+ Year Federal Bond Index ETF	XFLB	$0.113
iShares Flexible Monthly Income ETF	XFLI	$0.189
iShares Flexible Monthly Income ETF⁽¹⁾	XFLI.U	$0.138
iShares Flexible Monthly Income ETF (CAD-Hedged)	XFLX	$0.185
iShares S&P/TSX Capped Financials Index ETF	XFN	$0.167
iShares Floating Rate Index ETF	XFR	$0.050
iShares Core Canadian Government Bond Index ETF	XGB	$0.050
iShares Global Government Bond Index ETF (CAD-Hedged)	XGGB	$0.041
iShares Canadian HYBrid Corporate Bond Index ETF	XHB	$0.075
iShares U.S. High Dividend Equity Index ETF (CAD-Hedged)	XHD	$0.072
iShares U.S. High Dividend Equity Index ETF	XHU	$0.081
iShares U.S. High Yield Bond Index ETF (CAD-Hedged)	XHY	$0.084
iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged)	XIG	$0.071
iShares 1-5 Year U.S. IG Corporate Bond Index ETF (CAD-Hedged)	XIGS	$0.122
iShares Core Canadian Long Term Bond Index ETF	XLB	$0.062
iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged)	XPF	$0.067
iShares High Quality Canadian Bond Index ETF	XQB	$0.054
iShares S&P/TSX Capped REIT Index ETF	XRE	$0.062
iShares ESG Aware Canadian Aggregate Bond Index ETF	XSAB	$0.049
iShares Core Canadian Short Term Bond Index ETF	XSB	$0.070
iShares Conservative Short Term Strategic Fixed Income ETF	XSC	$0.054
iShares Conservative Strategic Fixed Income ETF	XSE	$0.046
iShares Core Canadian Short Term Corporate Bond Index ETF	XSH	$0.061
iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETF	XSHG	$0.119
iShares 1-5 Year U.S. IG Corporate Bond Index ETF	XSHU	$0.149
iShares 1-5 Year U.S. IG Corporate Bond Index ETF⁽¹⁾	XSHU.U	$0.110
iShares Short Term Strategic Fixed Income ETF	XSI	$0.056
iShares Core Canadian Short-Mid Term Universe Bond Index ETF	XSMB	$0.101
iShares ESG Aware Canadian Short Term Bond Index ETF	XSTB	$0.048
iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	XSTH	$0.142
iShares 0-5 Year TIPS Bond Index ETF	XSTP	$0.162
iShares 0-5 Year TIPS Bond Index ETF⁽¹⁾	XSTP.U	$0.118
iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged)	XTLH	$0.111
iShares 20+ Year U.S. Treasury Bond Index ETF	XTLT	$0.127
iShares 20+ Year U.S. Treasury Bond Index ETF⁽¹⁾	XTLT.U	$0.093
iShares Diversified Monthly Income ETF	XTR	$0.040
iShares S&P/TSX Capped Utilities Index ETF	XUT	$0.100

⁽¹⁾ Distribution per unit amounts are in U.S. dollars for XAGG.U, XCBU.U, XDG.U, XDU.U, XFLI.U, XSHU.U, XSTP.U, XTLT.U.

Estimated July Cash Distributions for the iShares Premium Money Market ETF

The July cash distributions per unit for the iShares Premium Money Market ETF are estimated to be as follows:

Fund Name	Fund Ticker	Estimated Cash Distribution Per Unit
iShares Premium Money Market ETF	CMR	$0.121

BlackRock Canada expects to issue a press release on or about July 25, 2025, which will provide the final amounts for the iShares Premium Money Market ETF.

Further information on the iShares Funds can be found at http://www.blackrock.com/ca.

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @BlackRockCA

About iShares ETFs

iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1600+ exchange traded funds (ETFs) and US$4.7 trillion in assets under management as of June 30, 2025, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.

iShares^® ETFs are managed by BlackRock Canada.

Commissions, trailing commissions, management fees and expenses all may be associated with investing in iShares ETFs. Please read the relevant prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.

Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”). Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). TSX is a registered trademark of TSX Inc. (“TSX”). All of the foregoing trademarks have been licensed to S&P Dow Jones Indices LLC and sublicensed for certain purposes to BlackRock Fund Advisors (“BFA”), which in turn has sub-licensed these marks to its affiliate, BlackRock Asset Management Canada Limited (“BlackRock Canada”), on behalf of the applicable fund(s). The index is a product of S&P Dow Jones Indices LLC, and has been licensed for use by BFA and by extension, BlackRock Canada and the applicable fund(s). The funds are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, any of their respective affiliates (collectively known as “S&P Dow Jones Indices”) or TSX, or any of their respective affiliates. Neither S&P Dow Jones Indices nor TSX make any representations regarding the advisability of investing in such funds.

MSCI is a trademark of MSCI, Inc. (“MSCI”). The ETF is permitted to use the MSCI mark pursuant to a license agreement between MSCI and BlackRock Institutional Trust Company, N.A., relating to, among other things, the license granted to BlackRock Institutional Trust Company, N.A. to use the Index. BlackRock Institutional Trust Company, N.A. has sublicensed the use of this trademark to BlackRock. The ETF is not sponsored, endorsed, sold or promoted by MSCI and MSCI makes no representation, condition or warranty regarding the advisability of investing in the ETF.

Contact for Media:
Sydney Punchard
Email:Sydney.Punchard@blackrock.com

The MIL Network –

July 21, 2025

MIL-OSI: BlackRock® Canada Announces July Cash Distributions for the iShares® ETFs

Source: GlobeNewswire (MIL-OSI)

Details regarding the “per unit” distribution amounts are as follows:

Fund Name	Fund Ticker	Cash Distribution Per Unit
iShares 1-10 Year Laddered Corporate Bond Index ETF	CBH	$0.051
iShares 1-5 Year Laddered Corporate Bond Index ETF	CBO	$0.051
iShares S&P/TSX Canadian Dividend Aristocrats Index ETF	CDZ	$0.117
iShares Equal Weight Banc & Lifeco ETF	CEW	$0.063
iShares 1-5 Year Laddered Government Bond Index ETF	CLF	$0.033
iShares 1-10 Year Laddered Government Bond Index ETF	CLG	$0.037
iShares S&P/TSX Canadian Preferred Share Index ETF	CPD	$0.055
iShares US Dividend Growers Index ETF (CAD-Hedged)	CUD	$0.087
iShares Convertible Bond Index ETF	CVD	$0.071
iShares Global Monthly Dividend Index ETF (CAD-Hedged)	CYH	$0.077
iShares Canadian Financial Monthly Income ETF	FIE	$0.040
iShares U.S. Aggregate Bond Index ETF	XAGG	$0.111
iShares U.S. Aggregate Bond Index ETF⁽¹⁾	XAGG.U	$0.068
iShares U.S. Aggregate Bond Index ETF (CAD-Hedged)	XAGH	$0.096
iShares Core Canadian Universe Bond Index ETF	XBB	$0.080
iShares Core Canadian Corporate Bond Index ETF	XCB	$0.069
iShares ESG Advanced Canadian Corporate Bond Index ETF	XCBG	$0.121
iShares U.S. IG Corporate Bond Index ETF	XCBU	$0.134
iShares U.S. IG Corporate Bond Index ETF⁽¹⁾	XCBU.U	$0.112
iShares Core MSCI Global Quality Dividend Index ETF	XDG	$0.073
iShares Core MSCI Global Quality Dividend Index ETF⁽¹⁾	XDG.U	$0.047
iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)	XDGH	$0.063
iShares Core MSCI Canadian Quality Dividend Index ETF	XDIV	$0.117
iShares Core MSCI US Quality Dividend Index ETF	XDU	$0.064
iShares Core MSCI US Quality Dividend Index ETF⁽¹⁾	XDU.U	$0.047
iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged)	XDUH	$0.058
iShares Canadian Select Dividend Index ETF	XDV	$0.126
iShares J.P. Morgan USD Emerging Markets Bond Index ETF (CAD-Hedged)	XEB	$0.064
iShares S&P/TSX Composite High Dividend Index ETF	XEI	$0.112
iShares Core Canadian 15+ Year Federal Bond Index ETF	XFLB	$0.113
iShares Flexible Monthly Income ETF	XFLI	$0.189
iShares Flexible Monthly Income ETF⁽¹⁾	XFLI.U	$0.138
iShares Flexible Monthly Income ETF (CAD-Hedged)	XFLX	$0.185
iShares S&P/TSX Capped Financials Index ETF	XFN	$0.167
iShares Floating Rate Index ETF	XFR	$0.050
iShares Core Canadian Government Bond Index ETF	XGB	$0.050
iShares Global Government Bond Index ETF (CAD-Hedged)	XGGB	$0.041
iShares Canadian HYBrid Corporate Bond Index ETF	XHB	$0.075
iShares U.S. High Dividend Equity Index ETF (CAD-Hedged)	XHD	$0.072
iShares U.S. High Dividend Equity Index ETF	XHU	$0.081
iShares U.S. High Yield Bond Index ETF (CAD-Hedged)	XHY	$0.084
iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged)	XIG	$0.071
iShares 1-5 Year U.S. IG Corporate Bond Index ETF (CAD-Hedged)	XIGS	$0.122
iShares Core Canadian Long Term Bond Index ETF	XLB	$0.062
iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged)	XPF	$0.067
iShares High Quality Canadian Bond Index ETF	XQB	$0.054
iShares S&P/TSX Capped REIT Index ETF	XRE	$0.062
iShares ESG Aware Canadian Aggregate Bond Index ETF	XSAB	$0.049
iShares Core Canadian Short Term Bond Index ETF	XSB	$0.070
iShares Conservative Short Term Strategic Fixed Income ETF	XSC	$0.054
iShares Conservative Strategic Fixed Income ETF	XSE	$0.046
iShares Core Canadian Short Term Corporate Bond Index ETF	XSH	$0.061
iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETF	XSHG	$0.119
iShares 1-5 Year U.S. IG Corporate Bond Index ETF	XSHU	$0.149
iShares 1-5 Year U.S. IG Corporate Bond Index ETF⁽¹⁾	XSHU.U	$0.110
iShares Short Term Strategic Fixed Income ETF	XSI	$0.056
iShares Core Canadian Short-Mid Term Universe Bond Index ETF	XSMB	$0.101
iShares ESG Aware Canadian Short Term Bond Index ETF	XSTB	$0.048
iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)	XSTH	$0.142
iShares 0-5 Year TIPS Bond Index ETF	XSTP	$0.162
iShares 0-5 Year TIPS Bond Index ETF⁽¹⁾	XSTP.U	$0.118
iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged)	XTLH	$0.111
iShares 20+ Year U.S. Treasury Bond Index ETF	XTLT	$0.127
iShares 20+ Year U.S. Treasury Bond Index ETF⁽¹⁾	XTLT.U	$0.093
iShares Diversified Monthly Income ETF	XTR	$0.040
iShares S&P/TSX Capped Utilities Index ETF	XUT	$0.100

⁽¹⁾ Distribution per unit amounts are in U.S. dollars for XAGG.U, XCBU.U, XDG.U, XDU.U, XFLI.U, XSHU.U, XSTP.U, XTLT.U.

Estimated July Cash Distributions for the iShares Premium Money Market ETF

The July cash distributions per unit for the iShares Premium Money Market ETF are estimated to be as follows:

Fund Name	Fund Ticker	Estimated Cash Distribution Per Unit
iShares Premium Money Market ETF	CMR	$0.121

BlackRock Canada expects to issue a press release on or about July 25, 2025, which will provide the final amounts for the iShares Premium Money Market ETF.

Further information on the iShares Funds can be found at http://www.blackrock.com/ca.

About BlackRock

About iShares ETFs

iShares^® ETFs are managed by BlackRock Canada.

Contact for Media:
Sydney Punchard
Email:Sydney.Punchard@blackrock.com

The MIL Network –

July 21, 2025

MIL-OSI USA: Durbin Talks Agriculture Policy With Illinois Corn Growers
US Senate News:
Source: United States Senator for Illinois Dick Durbin
July 17, 2025

WASHINGTON – U.S. Senate Democratic Whip Dick Durbin (D-IL), a member of the Senate Committee on Agriculture, Nutrition, and Forestry, met with members of the Illinois Corn Growers to discuss their policy priorities, including concerns with the federal Farm Bill process, regional inequities in the federal crop insurance program, and the importance of federal policies that support E15 ethanol and conservation incentives.

“I met with the Illinois Corn Growers to hear more about their priorities for programs that help our Illinois farmers,” said Durbin. “As a member of the Senate Agriculture Committee, I will continue to advocate on behalf of federal policies important to Illinois agriculture.”

Photos of the meeting are available here.

Farmers from the following towns attended today’s meeting:

Waterloo, Illinois

Decatur, Illinois

Coal Valley, Illinois

Woodhull, Illinois

Minonk, Illinois

Normal, Illinois

Bloomington, Illinois

Franklin, Illinois

Orion, Illinois

Good Hope, Illinois

Fowler, Illinois

Saint Joseph, Illinois

Waveryly, Illinois

Shawneetown, Illinois

Chicago, Illinois

Oneida, Illinois

-30-
MIL OSI USA News –
July 18, 2025
MIL-OSI USA: As Trump’s Chaos Jeopardizes America’s Farmers, Duckworth Discusses Agriculture Priorities with Illinois Corn Growers and Illinois Soybean Association

US Senate News:

Source: United States Senator for Illinois Tammy Duckworth

July 17, 2025

[WASHINGTON, D.C.] – U.S. Senator Tammy Duckworth (D-IL) yesterday met with leaders and members from the Illinois Corn Growers and the Illinois Soybean Producers to discuss their shared priorities to grow Illinois’s agriculture industry and support our farmers. Duckworth and the members discussed the importance of supporting our family farmers by expanding the biofuels market, increasing agricultural exports and improving farm safety net programs as Donald Trump continues to threaten critical federal agricultural programs. Photos from yesterday’s meeting with the Illinois Corn Growers can be found on the Senator’s website. Photos from yesterday’s meeting with the Illinois Soybean Producers can be found on the Senator’s website.

“America has always depended on our nation’s farmers to grow the food and fuel we need, and I’m proud to advocate for them on both the national and international stage,” Duckworth said. “The work of Illinois’s farmers is so important to the strength of our state and our nation, and I will continue to do everything I can to support the Illinois Corn Growers, the Illinois Soybean Association and our farmers across the state at the federal level.”

In the Senate, Duckworth has been a leader in supporting biofuels, including expansion of sustainable aviation fuel (SAF) and permanent authority to use E15 fuel year-round. Duckworth, the founding co-chair of the Senate Sustainable Aviation Fuel Caucus, helped introduce the bipartisan Nationwide Consumer and Fuel Retailer Choice Act of 2025, the Consumer and Fuel Retailer Choice Act and the bipartisan Next Generations Fuel Act to allow the year-round, nationwide sale of ethanol blends higher than 10 percent. Duckworth additionally helped introduce the bipartisan Home Front Energy Independence Act to ban Russian oil and expand use and production of biofuel that’s grown in the American heartland, while providing American families with a less expensive option to fuel their vehicles. Previously, she introduced the SAF Accuracy Act and helped introduce the Farm to Fly Act and to help accelerate the production and development of SAF.

As a member of the U.S. Senate Foreign Relations Committee, Duckworth has been an advocate for Illinois agriculture across the globe and helped secure significant wins for Illinois and American agriculture. After Duckworth’s visit in 2023, Japan announced a regulatory change that will lead to an increase in imports from U.S. biofuel producers, supporting our farmers and growing Illinois’s economy, and following a prior trip to Taiwan in 2022, she helped secure a commitment from Taiwan to purchase an estimated $2.6 billion of our Illinois’s corn and soybeans.

-30-

MIL OSI USA News –

July 18, 2025
MIL-OSI USA: As Trump’s Chaos Jeopardizes America’s Farmers, Duckworth Discusses Agriculture Priorities with Illinois Corn Growers and Illinois Soybean Association

US Senate News:

Source: United States Senator for Illinois Tammy Duckworth

July 17, 2025

[WASHINGTON, D.C.] – U.S. Senator Tammy Duckworth (D-IL) yesterday met with leaders and members from the Illinois Corn Growers and the Illinois Soybean Producers to discuss their shared priorities to grow Illinois’s agriculture industry and support our farmers. Duckworth and the members discussed the importance of supporting our family farmers by expanding the biofuels market, increasing agricultural exports and improving farm safety net programs as Donald Trump continues to threaten critical federal agricultural programs. Photos from yesterday’s meeting with the Illinois Corn Growers can be found on the Senator’s website. Photos from yesterday’s meeting with the Illinois Soybean Producers can be found on the Senator’s website.

“America has always depended on our nation’s farmers to grow the food and fuel we need, and I’m proud to advocate for them on both the national and international stage,” Duckworth said. “The work of Illinois’s farmers is so important to the strength of our state and our nation, and I will continue to do everything I can to support the Illinois Corn Growers, the Illinois Soybean Association and our farmers across the state at the federal level.”

In the Senate, Duckworth has been a leader in supporting biofuels, including expansion of sustainable aviation fuel (SAF) and permanent authority to use E15 fuel year-round. Duckworth, the founding co-chair of the Senate Sustainable Aviation Fuel Caucus, helped introduce the bipartisan Nationwide Consumer and Fuel Retailer Choice Act of 2025, the Consumer and Fuel Retailer Choice Act and the bipartisan Next Generations Fuel Act to allow the year-round, nationwide sale of ethanol blends higher than 10 percent. Duckworth additionally helped introduce the bipartisan Home Front Energy Independence Act to ban Russian oil and expand use and production of biofuel that’s grown in the American heartland, while providing American families with a less expensive option to fuel their vehicles. Previously, she introduced the SAF Accuracy Act and helped introduce the Farm to Fly Act and to help accelerate the production and development of SAF.

As a member of the U.S. Senate Foreign Relations Committee, Duckworth has been an advocate for Illinois agriculture across the globe and helped secure significant wins for Illinois and American agriculture. After Duckworth’s visit in 2023, Japan announced a regulatory change that will lead to an increase in imports from U.S. biofuel producers, supporting our farmers and growing Illinois’s economy, and following a prior trip to Taiwan in 2022, she helped secure a commitment from Taiwan to purchase an estimated $2.6 billion of our Illinois’s corn and soybeans.

-30-

MIL OSI USA News –

July 18, 2025
MIL-OSI Banking: Apple Arcade launches special crossover events featuring SpongeBob SquarePants
Source: Apple

Headline: Apple Arcade launches special crossover events featuring SpongeBob SquarePants

UPDATE July 17, 2025

This month, players can dive into special crossover events featuring SpongeBob SquarePants in Snake.io+ and Crossy Road Castle, available exclusively on Apple Arcade. Characters and locations from the iconic series arrive in limited-time events in the two popular games on the service. Fans of the absorbent and yellow and porous pal can also check out a brand-new endless mode in SpongeBob: Patty Pursuit, where they’ll test their skills in increasingly difficult levels to top the leaderboard.

Apple Arcade brings together more than 200 games and offers exclusive events created in collaboration with some of the industry’s top developers. Iconic characters and fan-favorite games come to life in new ways on the service, bringing a whole new level of fun to players that’s free from ads and in-app purchases.

Snake.io+ by Kooapps
In Snake.io+, the hit battle royale game, players can slither their way underwater as they complete a series of missions to unlock four unique skins inspired by SpongeBob, Patrick, Sandy, and Plankton. This limited-time event is available now and ends August 25.

Snake.io+ by Kooapps.

Crossy Road Castle by Hipster Whale
Crossy Road Castle, the popular co-op platforming party game, is launching a fun update that will have players racing through 40 Bikini Bottom-themed levels as SpongeBob, Patrick, Squidward, or Sandy — collecting Krabby Patties and avoiding jellyfish. The Krabby Patty Kollectathon event kicks off July 21, followed by the Jellyfish Jam that runs August 4 through August 17.

Crossy Road Castle by Hipster Whale.

SpongeBob: Patty Pursuit by Nickelodeon
Launching today, players can dive into a brand-new endless mode in SpongeBob: Patty Pursuit, a side-scrolling action game where SpongeBob jumps, bounces, slides, and fly-kicks through colorful and dynamic levels. The update will have players test their skills in increasingly difficult levels with no checkpoints and no extra lives to see who can top the leaderboard.

SpongeBob: Patty Pursuit by Nickelodeon.
These fun crossover events follow the special appearances of global sensation Bluey in Fruit Ninja Classic+ and Paddington in Crayola Create and Play+ this summer, only on Apple Arcade.

Fruit Ninja Classic+ by Halfbrick Studios: The exclusive collaboration with Bluey runs until September 19, bringing four fun-filled events that transform Fruit Ninja Classic+ with Bluey-themed wands, wand powers, dojos, and Easter eggs for fans of all ages to enjoy.

Crayola Create and Play+ by Red Games Co.: Paddington brings a suitcase full of creativity to Crayola Create and Play+ through August 26. Explore a British-inspired world designed just for his visit: Whether decorating a suitcase or enjoying a scoop of marmalade ice cream by the sea, this magical summer holiday promises creativity, curiosity, and countless moments of joy.
Fruit Ninja Classic+ by Halfbrick Studios.

Crayola Create and Play+ by Red Games Co.
Pricing and Availability

Apple Arcade is available for $6.99 (U.S.) per month with a one-month free trial. Customers who purchase a new iPhone, iPad, Mac, or Apple TV receive three months of Apple Arcade for free.¹

Apple Arcade is part of Apple One’s Individual ($19.95 U.S.), Family ($25.95 U.S.), and Premier ($37.95 U.S.) monthly plans, with a one-month free trial.²

Arcade Originals are playable across iPhone, iPad, Mac, Apple TV, and Apple Vision Pro. App Store Greats are available on iPhone, iPad, and Apple Vision Pro.

An Apple Arcade subscription gives a family of up to six unlimited access to all the games in its catalog.

Availability for the 200+ games across devices varies based on hardware and software compatibility. Some content may not be available in all areas.
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Text of this article

July 17, 2025

UPDATE

Apple Arcade makes a splash this summer with exciting SpongeBob SquarePants crossover events and updates

This month, players can dive into special crossover events featuring SpongeBob SquarePants in Snake.io+ and Crossy Road Castle, available exclusively on Apple Arcade. Characters and locations from the iconic series arrive in limited-time events in the two popular games on the service. Fans of the absorbent and yellow and porous pal can also check out a brand-new endless mode in SpongeBob: Patty Pursuit, where they’ll test their skills in increasingly difficult levels to top the leaderboard.

Apple Arcade brings together more than 200 games and offers exclusive events created in collaboration with some of the industry’s top developers. Iconic characters and fan-favorite games come to life in new ways on the service, bringing a whole new level of fun to players that’s free from ads and in-app purchases.

Snake.io+ by Kooapps
In Snake.io+, the hit battle royale game, players can slither their way underwater as they complete a series of missions to unlock four unique skins inspired by SpongeBob, Patrick, Sandy, and Plankton. This limited-time event is available now and ends August 25.

Crossy Road Castle by Hipster Whale
Crossy Road Castle, the popular co-op platforming party game, is launching a fun update that will have players racing through 40 Bikini Bottom-themed levels as SpongeBob, Patrick, Squidward, or Sandy — collecting Krabby Patties and avoiding jellyfish. The Krabby Patty Kollectathon event kicks off July 21, followed by the Jellyfish Jam that runs August 4 through August 17.

SpongeBob: Patty Pursuit by Nickelodeon
Launching today, players can dive into a brand-new endless mode in SpongeBob: Patty Pursuit, a side-scrolling action game where SpongeBob jumps, bounces, slides, and fly-kicks through colorful and dynamic levels. The update will have players test their skills in increasingly difficult levels with no checkpoints and no extra lives to see who can top the leaderboard.

These fun crossover events follow the special appearances of global sensation Bluey in Fruit Ninja Classic+ and Paddington in Crayola Create and Play+ this summer, only on Apple Arcade.

Fruit Ninja Classic+ by Halfbrick Studios: The exclusive collaboration with Bluey runs until September 19, bringing four fun-filled events that transform Fruit Ninja Classic+ with Bluey-themed wands, wand powers, dojos, and Easter eggs for fans of all ages to enjoy.

Crayola Create and Play+ by Red Games Co.: Paddington brings a suitcase full of creativity to Crayola Create and Play+ through August 26. Explore a British-inspired world designed just for his visit: Whether decorating a suitcase or enjoying a scoop of marmalade ice cream by the sea, this magical summer holiday promises creativity, curiosity, and countless moments of joy.

Pricing and Availability

Apple Arcade is available for $6.99 (U.S.) per month with a one-month free trial. Customers who purchase a new iPhone, iPad, Mac, or Apple TV receive three months of Apple Arcade for free.¹

Apple Arcade is part of Apple One’s Individual ($19.95 U.S.), Family ($25.95 U.S.), and Premier ($37.95 U.S.) monthly plans, with a one-month free trial.²

Arcade Originals are playable across iPhone, iPad, Mac, Apple TV, and Apple Vision Pro. App Store Greats are available on iPhone, iPad, and Apple Vision Pro.

An Apple Arcade subscription gives a family of up to six unlimited access to all the games in its catalog.

Availability for the 200+ games across devices varies based on hardware and software compatibility. Some content may not be available in all areas.

This offer is available to new subscribers only. One subscription covers one Family Sharing group. The offer is good for three months after eligible device activation. The plan automatically renews until cancelled. Restrictions and other terms apply.

The Apple One free trial includes only services that are not currently used through a free trial or a subscription. The plan automatically renews after the trial until cancelled. Restrictions and other terms apply.

Press Contacts

Peter Nguyen

Apple

pete_nguyen@apple.com

Jennifer Tam

Apple

jennifer_tam@apple.com

Apple Media Helpline

media.help@apple.com

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Images in this article
This offer is available to new subscribers only. One subscription covers one Family Sharing group. The offer is good for three months after eligible device activation. The plan automatically renews until cancelled. Restrictions and other terms apply.

The Apple One free trial includes only services that are not currently used through a free trial or a subscription. The plan automatically renews after the trial until cancelled. Restrictions and other terms apply.
MIL OSI Global Banks –
July 18, 2025
ICAR marks 97th Foundation Day with focus on agricultural innovation and farmer welfare

Source: Government of India

Source: Government of India (4)

Union Minister of Agriculture, Farmers Welfare, and Rural Development Shivraj Singh Chouhan on Wednesday celebrated the 97th Foundation Day of the Indian Council of Agricultural Research (ICAR) at the Bharat Ratna C. Subramaniam Auditorium, NASC Complex, Pusa, New Delhi. Addressing a gathering of scientists, farmers, and officials, he hailed ICAR’s contributions to India’s agricultural revolution under Prime Minister Narendra Modi’s leadership, describing scientists as “modern-day rishis” dedicated to farmer welfare.

During the event, Shri Chouhan conferred the National Agricultural Science Awards to exceptional scientists, including women researchers and young innovators. He inaugurated the Viksit Krishi Exhibition, showcasing advanced agricultural technologies, released 10 new publications, and launched several Memoranda of Understanding to strengthen research collaborations. The event was attended by Union Minister of State for Agriculture Bhagirath Choudhary, Secretary of Agriculture Devesh Chaturvedi, ICAR Director General Dr. M.L. Jat, and directors of various agricultural research institutes.

Chouhan expressed gratitude to ICAR on behalf of India’s 800 million citizens benefiting from the public distribution system and countries importing Indian agricultural products. He emphasized that the Foundation Day is a moment of pride, akin to a festival, and praised scientists for their unparalleled dedication to advancing farmer welfare.

Highlighting India’s agricultural progress, the minister noted that foodgrain production has surged from an annual growth of 3.9 million tonnes (2000–2013) to 8.1 million tonnes (2013–2025), a 2.5 to 3-fold increase. Horticulture production has grown by 7.5 million tonnes annually over the past 11 years, while milk production has risen from 4.2 million tonnes annually (2000–2014) to 10.2 million tonnes (2014–2025). These achievements, driven by advanced technologies, have bolstered food reserves, enabling wheat exports and necessitating additional rice storage facilities.

Despite challenges like climate change, fragmented landholdings, and pest infestations, Shri Chouhan credited ICAR’s scientific community for sustained agricultural growth. He urged scientists to prioritize natural farming, enhance pulses and oilseeds productivity, and develop compact machinery suited for marginal farmers. The minister emphasized that research must be driven by farmers’ needs rather than centralized decisions from Delhi-based institutes.

The Viksit Krishi Sankalp Abhiyan, described as the world’s largest agricultural initiative, has identified 500 critical research topics for focused pursuit, following crop-specific consultations on soybean, cotton, sugarcane, and maize. Shri Chouhan addressed concerns over declining cotton yields due to viral attacks, including on Bt cotton, and called for collaborative efforts between ICAR and the agriculture department.

To protect farmers from exploitation, the minister announced a forthcoming toll-free grievance helpline and strict action against the sale of substandard seeds, fertilizers, or unauthorized bio-stimulants, noting that over 30,000 bio-stimulants are currently sold unregulated. Letters have been sent to state Chief Ministers urging prompt action. Shri Chouhan also proposed affordable fertilizer outlets, modeled on Jan Aushadhi Kendras, to ensure fair pricing for farmers.

July 17, 2025
MIL-OSI New Zealand: Government announces $600,000 support package for flood-affected farmers, growers and foresters
Source: New Zealand Government

The Government is increasing its financial contribution to support rural communities in the Nelson Tasman Region, with additional funding to help farmers, foresters, growers and rural contractors recover from recent severe weather events.

Agriculture and Forestry Minister Todd McClay speaking during a visit to the Tasman District today announced an additional $600,000 in Government and industry support, bringing the total Government financial contribution for the affected primary sector to $500,000.

“These regions have experienced significant damage to forests, farms and rural infrastructure. This funding will help meet immediate recovery needs and help rural businesses get back on their feet,” Mr McClay says.

The support package includes:
- A $300,000 Government contribution to the Mayoral Relief Fund tagged to the rural sector.
- $100,000 contribution by the Government and Federated Farmers to the Farmers Adverse Events Trust to support with the immediate recovery needs for the most impacted pastoral farmers in the Nelson Tasman region.
- $100,000 contribution by the Government and Horticulture New Zealand, to help the horticulture sector across the Top of the South.
- $100,000 announced by Government in June to support and coordinate recovery efforts, including $20,000 for the Top of the South Rural Support Trust.
“We continue to work with New Zealand Winegrowers to ensure appropriate support for affected vineyards, including the potential use of Enhanced Taskforce Green,” Mr McClay said.

“Many farmers and growers are facing their second clean-up in a fortnight from floods and storm damage. Rural communities are resilient, but the relentless wet weather conditions have taken a toll. This support is designed to provide meaningful and direct assistance quickly,” Mr McClay says.

MPI staff are on the ground working with the Rural Support Trust and industry groups assessing damage and coordinating assistance.

“Farmers, foresters and growers will face many, many months of work to repair damage to their land and get their businesses back on track. We will continue to assess what further assistance might be required.”

“Farmers and growers who need help or assistance should in the first instance contact their local Rural Support Trust on 0800 787 254,” Mr McClay said.

MIL OSI New Zealand News –
July 16, 2025
MIL-OSI USA: Feenstra Leads Legislation to Support Rural Behavioral Health by Fully Funding Farm and Ranch Stress Assistance Network

Source: United States House of Representatives – Representative Randy Feenstra (IA-04)

WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) introduced the Farmers First Act, which would expand and improve behavioral health services in rural communities and connect those in times of crisis with trained medical professionals to receive the personalized care that they need.

This legislation would reauthorize the Farm and Ranch Stress Assistance Network (FRSAN), increase funding to a total of $15,000,000 annually over the next five years, and allow FRSAN regional centers to establish referral connections with certified community behavioral health clinics, critical access hospitals, and rural health centers.

“Agriculture is the economic engine of Iowa, and our farmers and producers work long hours and make unseen sacrifices to feed and fuel our country and the world. Those sacrifices can take a toll on our farm producers, especially when commodity prices tumble or severe weather destroys crops,” said Rep. Feenstra. “It’s why I’m glad to lead legislation to fully fund the Farm and Ranch Stress Assistance Network, providing farmers with real support in times of crisis. I will always stand with our producers and ensure that they have access to the high-quality healthcare they deserve.”

“Dairy farmers routinely endure volatile economic environments that are naturally cause for emotional stress. The Farm and Ranch Stress Assistance Network provides vital resources that can support producers and their families during times of crisis. We commend Representative Randy Feenstra and Ranking Member Angie Craig for leading the bipartisan Farmers First Act to continue and strengthen FRSAN for the betterment of all farmers and rural communities,” said Gregg Doud, President and CEO of the National Milk Producers Federation.

“On behalf of over 60,000 pork producers nationwide, we commend Congressman Feenstra and Ranking Member Craig for addressing the critical issue of mental and behavioral health in agriculture. As farmers and ranchers, we face unique stressors that are often beyond our control. By prioritizing these resources, we can strengthen the resilience of rural communities and ensure long-term support for both producers today and future generations,” said Duane Stateler, President of National Pork Producers Council.

“Farmers face incredible stressors in their day-to-day work and often feel as though the weight of the world rests on their shoulders as they navigate tough times while maintaining farms that have been passed down through multiple generations of family members,” said Kenneth Hartman Jr., Illinois farmer and President of the National Corn Growers Association. “Yet, they often find it hard to access the mental health tools they need to cope with these challenges. That’s why we are deeply appreciative for the sponsors of this legislation for working to extend mental health resources to growers through this important legislation.”

“From trade uncertainty to labor shortages and natural disasters, many stressors are weighing heavily on the minds of farmers and ranchers. Resources supported through the Farm and Ranch Stress Assistance Network are more critical now than at any time in recent memory. Farm Bureau appreciates Representatives Craig and Feenstra, as well as Senators Baldwin and Ernst for their tireless commitment to supporting farmer and rancher mental health across the country,” said Sam Kieffer, Vice President of Public Policy at the American Farm Bureau Federation.

“U.S. soybean farmers face serious pressures, from the impacts of ongoing tariffs to looming, unscientific threats to crop protection tools and seed oils. These policy and market challenges take a toll, not just financially, but mentally. Mental health remains an often-unspoken crisis in rural communities, and ASA is committed to addressing it head-on. The Farmers First Act of 2025 would provide critical support by reauthorizing the Farm and Ranch Stress Assistance Network and strengthening mental health resources farmers can count on. We thank Representative Feenstra for championing this legislation and standing with farm families,” said Caleb Ragland, President of the American Soybean Association and soybean farmer from Magnolia, Kentucky.

“Farmers and ranchers across the United States face unique and extreme stresses in their work to feed, fuel, and clothe the world. NASDA applauds the bipartisan Farmers First Act, which bolsters access to critical mental health resources through the Farm and Ranch Stress Assistance Network. State departments of agriculture play an important role in coordinating FRSAN operations and NASDA looks forward to continuing to support these invaluable activities,” said Ted McKinney, Chief Executive Officer of the National Association of State Departments of Agriculture.

“When farmers struggle, ag retailers feel it too—financially, emotionally, and as part of the same rural fabric. The Farmers First Act recognizes that mental health is a shared concern in agriculture, and strengthening the Farm and Ranch Stress Assistance Network helps support not just our customers, but our communities and our own teams as well,” said Hunter Carpenter, Senior Director of Public Policy at the Agricultural Retailers Association.

“The Farmer Veteran Coalition strongly supports the reauthorization of the Farmers First Act. Expanding and strengthening the Farm and Ranch Stress Assistance Network is essential to ensuring farmers, ranchers have access to the mental health resources they need to thrive. We commend Representatives Feenstra and Craig, as well as Senators Baldwin and Ernst, for their bipartisan leadership in prioritizing the well-being of those who feed our nation. This bill will provide critical support for agricultural producers facing stress, isolation, and mental health challenges, and we urge swift passage this Congress,” said Jeanette Lombardo, Chief Executive Officer of the Farmer Veteran Coalition.

“The National Rural Health Association (NRHA) applauds Congressman Feenstra and Ranking Member Craig for their leadership on ensuring access to mental health care for rural agricultural communities. The Farmers First Act supports the continuation of the Farm and Ranch Stress Assistance Network, expanding the network of rural providers to deliver critical services to farming and ranching populations. We look forward to working with Congress to continue bringing much-needed resources to our agricultural populations,” said Alan Morgan, Chief Executive Officer of the National Rural Health Association.

“Farmers in rural communities face unique mental health and substance use challenges, often with limited access to care,” said Chuck Ingoglia, President and CEO of the National Council for Mental Wellbeing. “The reintroduction of the Farmer’s First Act by Representatives Feenstra and Craig is a meaningful step toward expanding access to high-quality behavioral health services in agricultural communities. By supporting programs that leverage proven models like Certified Community Behavioral Health Clinics (CCBHCs), this bill will help ensure that farmers and their families can access comprehensive, coordinated care no matter where they live.”

“Farming and the financial insecurity associated with farming can be very stressful. Farmers dealing with stress-related mental health challenges often feel stigmatized if they seek help, which only compounds the problem. We applaud Representatives Feenstra (R-IA) and Craig (D-MN) and Senators Baldwin (D-WI) and Ernst (R-IA) for their bipartisan leadership in introducing the Farmers First Act to increase resources available to farmers and rural communities to address mental health challenges,” said Steve Etka, Policy Director, Midwest Dairy Coalition.

“Farmers are daily facing the changing and unpredictable weather patterns that can devastate the best laid plans. They must deal with rising cost of inputs, uncertainty about trade, uncertainty about support services, uncertainty about the role of the USDA and managing difficult financial decisions against a backdrop of uncertainty around the domestic economy. Organic dairy farmers care for the environment, care for their livestock and for the health and welfare of their family and their customers every day. Dairy farming is many times a solitary occupation and farmers need access to all the resources possible to deal with the stress and uncertainty in their lives. We wholeheartedly support the Farmers First Act and all the assistance it can provide to care for our farm families,” said Ed Maltby, Executive Director of the Northeast Organic Dairy Producers Alliance.

“Ensuring sufficient access to evidence-based mental health services continues to be a challenge in many rural and agricultural communities, in many cases a challenge that has endured over generations,” said Arthur C. Evans Jr., CEO of the American Psychological Association Services, Inc. (APA Services). “The Farm and Ranch Stress Assistance Network program continues to be a lifeline to many of these communities. APA Services applauds Representatives Feenstra and Craig and Senators Baldwin and Ernst for their efforts to ensure adequate mental health resources in rural communities, and we ask Congress to swiftly enact the Farmers First Act.”

“Any farmer will tell you—agriculture is an incredibly demanding and often stressful profession, especially during times of economic hardship. Tragically, suicide rates among farmers are two to five times higher than the national average. One of the biggest challenges in addressing this crisis is the persistent stigma around mental health in rural communities, which too often prevents individuals from seeking help. NAWG is deeply grateful to Congressman Feenstra for his leadership on this critical legislation and for his unwavering commitment to expanding access to mental health resources for farmers and rural communities across the country,” said Chandler Goule, Chief Executive Officer of the National Association of Wheat Growers.

“The Farm and Ranch Stress Assistance Network helps provide essential support to our nation’s producers” said Doug O’Brien, President and CEO of the National Cooperative Business Association. “The National Cooperative Business Association applauds the bipartisan leadership to increase access to mental health services for rural communities while providing a critical lifeline to our farmers and ranchers”

“The Organic Trade Association applauds Congressman Feenstra for recognizing that a healthy farm system begins with healthy farmers,” said Matthew Dillon, Co-CEO of the Organic Trade Association. “We proudly support the Farmers First Act which safeguards the well-being of farmers.”

“Farming is a stressful job, even in good times, and rural residents often face unique barriers to seeking mental health care,” said Christy Seyfert, Farm Credit Council President and CEO. “FRSAN brings valuable stress assistance services and expertise to the farm and ranch communities most in need of resources. Farm Credit commends Ranking Member Craig, Representative Feenstra, and Senators Baldwin and Ernst for their leadership on the Farmers First Act.”

“Since it was funded in the 2018 Farm Bill, the Farm and Ranch Stress Assistance Network (FRSAN) has been an essential lifeline for farmers, ranchers and farmworkers, who face increased levels of stress and often lack access to mental health support services,” said Hannah Tremblay, Farm Aid’s Policy & Advocacy Manager. “Farm Aid enthusiastically supports the Farmers First Act of 2025 which continues the crucial work of the FRSAN to support and strengthen the agricultural workers we all depend upon. Importantly, the increased funding will allow for deeper support networks and increased outreach to underserved farmers and agricultural workers. As farmers struggle with an uncertain farm economy, FRSAN is now more critical than ever.”

“We are grateful to Representatives Randy Feenstra and Angie Craig for reaffirming the clear and present need for increased funding of the Farm and Ranch Stress Assistance network. Many reasons exist for ongoing farm stress and mental health challenges for farmers and farm workers. Continued FRSAN funding is essential to ensure critical support services and programming reach populations where the need is great, and resources are often limited,” said David Howard, Policy Development Director at Young Farmers.

“Farming can be incredibly stressful, and too many rural communities still don’t have the mental health support they need,” said Rob Larew, President of National Farmers Union. “The Farmers First Act will help get essential resources to farmers who are struggling. We thank Representatives Feenstra and Craig and Senators Baldwin and Ernst for leading the charge and urge Congress to reauthorize FRSAN with increased funding.”

###

MIL OSI USA News –

July 16, 2025
MIL-OSI USA: Feenstra Leads Legislation to Support Rural Behavioral Health by Fully Funding Farm and Ranch Stress Assistance Network

Source: United States House of Representatives – Representative Randy Feenstra (IA-04)

WASHINGTON, D.C. – Today, U.S. Rep. Randy Feenstra (R-Hull) introduced the Farmers First Act, which would expand and improve behavioral health services in rural communities and connect those in times of crisis with trained medical professionals to receive the personalized care that they need.

This legislation would reauthorize the Farm and Ranch Stress Assistance Network (FRSAN), increase funding to a total of $15,000,000 annually over the next five years, and allow FRSAN regional centers to establish referral connections with certified community behavioral health clinics, critical access hospitals, and rural health centers.

“Agriculture is the economic engine of Iowa, and our farmers and producers work long hours and make unseen sacrifices to feed and fuel our country and the world. Those sacrifices can take a toll on our farm producers, especially when commodity prices tumble or severe weather destroys crops,” said Rep. Feenstra. “It’s why I’m glad to lead legislation to fully fund the Farm and Ranch Stress Assistance Network, providing farmers with real support in times of crisis. I will always stand with our producers and ensure that they have access to the high-quality healthcare they deserve.”

“Dairy farmers routinely endure volatile economic environments that are naturally cause for emotional stress. The Farm and Ranch Stress Assistance Network provides vital resources that can support producers and their families during times of crisis. We commend Representative Randy Feenstra and Ranking Member Angie Craig for leading the bipartisan Farmers First Act to continue and strengthen FRSAN for the betterment of all farmers and rural communities,” said Gregg Doud, President and CEO of the National Milk Producers Federation.

“On behalf of over 60,000 pork producers nationwide, we commend Congressman Feenstra and Ranking Member Craig for addressing the critical issue of mental and behavioral health in agriculture. As farmers and ranchers, we face unique stressors that are often beyond our control. By prioritizing these resources, we can strengthen the resilience of rural communities and ensure long-term support for both producers today and future generations,” said Duane Stateler, President of National Pork Producers Council.

“Farmers face incredible stressors in their day-to-day work and often feel as though the weight of the world rests on their shoulders as they navigate tough times while maintaining farms that have been passed down through multiple generations of family members,” said Kenneth Hartman Jr., Illinois farmer and President of the National Corn Growers Association. “Yet, they often find it hard to access the mental health tools they need to cope with these challenges. That’s why we are deeply appreciative for the sponsors of this legislation for working to extend mental health resources to growers through this important legislation.”

“From trade uncertainty to labor shortages and natural disasters, many stressors are weighing heavily on the minds of farmers and ranchers. Resources supported through the Farm and Ranch Stress Assistance Network are more critical now than at any time in recent memory. Farm Bureau appreciates Representatives Craig and Feenstra, as well as Senators Baldwin and Ernst for their tireless commitment to supporting farmer and rancher mental health across the country,” said Sam Kieffer, Vice President of Public Policy at the American Farm Bureau Federation.

“U.S. soybean farmers face serious pressures, from the impacts of ongoing tariffs to looming, unscientific threats to crop protection tools and seed oils. These policy and market challenges take a toll, not just financially, but mentally. Mental health remains an often-unspoken crisis in rural communities, and ASA is committed to addressing it head-on. The Farmers First Act of 2025 would provide critical support by reauthorizing the Farm and Ranch Stress Assistance Network and strengthening mental health resources farmers can count on. We thank Representative Feenstra for championing this legislation and standing with farm families,” said Caleb Ragland, President of the American Soybean Association and soybean farmer from Magnolia, Kentucky.

“Farmers and ranchers across the United States face unique and extreme stresses in their work to feed, fuel, and clothe the world. NASDA applauds the bipartisan Farmers First Act, which bolsters access to critical mental health resources through the Farm and Ranch Stress Assistance Network. State departments of agriculture play an important role in coordinating FRSAN operations and NASDA looks forward to continuing to support these invaluable activities,” said Ted McKinney, Chief Executive Officer of the National Association of State Departments of Agriculture.

“When farmers struggle, ag retailers feel it too—financially, emotionally, and as part of the same rural fabric. The Farmers First Act recognizes that mental health is a shared concern in agriculture, and strengthening the Farm and Ranch Stress Assistance Network helps support not just our customers, but our communities and our own teams as well,” said Hunter Carpenter, Senior Director of Public Policy at the Agricultural Retailers Association.

“The Farmer Veteran Coalition strongly supports the reauthorization of the Farmers First Act. Expanding and strengthening the Farm and Ranch Stress Assistance Network is essential to ensuring farmers, ranchers have access to the mental health resources they need to thrive. We commend Representatives Feenstra and Craig, as well as Senators Baldwin and Ernst, for their bipartisan leadership in prioritizing the well-being of those who feed our nation. This bill will provide critical support for agricultural producers facing stress, isolation, and mental health challenges, and we urge swift passage this Congress,” said Jeanette Lombardo, Chief Executive Officer of the Farmer Veteran Coalition.

“The National Rural Health Association (NRHA) applauds Congressman Feenstra and Ranking Member Craig for their leadership on ensuring access to mental health care for rural agricultural communities. The Farmers First Act supports the continuation of the Farm and Ranch Stress Assistance Network, expanding the network of rural providers to deliver critical services to farming and ranching populations. We look forward to working with Congress to continue bringing much-needed resources to our agricultural populations,” said Alan Morgan, Chief Executive Officer of the National Rural Health Association.

“Farmers in rural communities face unique mental health and substance use challenges, often with limited access to care,” said Chuck Ingoglia, President and CEO of the National Council for Mental Wellbeing. “The reintroduction of the Farmer’s First Act by Representatives Feenstra and Craig is a meaningful step toward expanding access to high-quality behavioral health services in agricultural communities. By supporting programs that leverage proven models like Certified Community Behavioral Health Clinics (CCBHCs), this bill will help ensure that farmers and their families can access comprehensive, coordinated care no matter where they live.”

“Farming and the financial insecurity associated with farming can be very stressful. Farmers dealing with stress-related mental health challenges often feel stigmatized if they seek help, which only compounds the problem. We applaud Representatives Feenstra (R-IA) and Craig (D-MN) and Senators Baldwin (D-WI) and Ernst (R-IA) for their bipartisan leadership in introducing the Farmers First Act to increase resources available to farmers and rural communities to address mental health challenges,” said Steve Etka, Policy Director, Midwest Dairy Coalition.

“Farmers are daily facing the changing and unpredictable weather patterns that can devastate the best laid plans. They must deal with rising cost of inputs, uncertainty about trade, uncertainty about support services, uncertainty about the role of the USDA and managing difficult financial decisions against a backdrop of uncertainty around the domestic economy. Organic dairy farmers care for the environment, care for their livestock and for the health and welfare of their family and their customers every day. Dairy farming is many times a solitary occupation and farmers need access to all the resources possible to deal with the stress and uncertainty in their lives. We wholeheartedly support the Farmers First Act and all the assistance it can provide to care for our farm families,” said Ed Maltby, Executive Director of the Northeast Organic Dairy Producers Alliance.

“Ensuring sufficient access to evidence-based mental health services continues to be a challenge in many rural and agricultural communities, in many cases a challenge that has endured over generations,” said Arthur C. Evans Jr., CEO of the American Psychological Association Services, Inc. (APA Services). “The Farm and Ranch Stress Assistance Network program continues to be a lifeline to many of these communities. APA Services applauds Representatives Feenstra and Craig and Senators Baldwin and Ernst for their efforts to ensure adequate mental health resources in rural communities, and we ask Congress to swiftly enact the Farmers First Act.”

“Any farmer will tell you—agriculture is an incredibly demanding and often stressful profession, especially during times of economic hardship. Tragically, suicide rates among farmers are two to five times higher than the national average. One of the biggest challenges in addressing this crisis is the persistent stigma around mental health in rural communities, which too often prevents individuals from seeking help. NAWG is deeply grateful to Congressman Feenstra for his leadership on this critical legislation and for his unwavering commitment to expanding access to mental health resources for farmers and rural communities across the country,” said Chandler Goule, Chief Executive Officer of the National Association of Wheat Growers.

“The Farm and Ranch Stress Assistance Network helps provide essential support to our nation’s producers” said Doug O’Brien, President and CEO of the National Cooperative Business Association. “The National Cooperative Business Association applauds the bipartisan leadership to increase access to mental health services for rural communities while providing a critical lifeline to our farmers and ranchers”

“The Organic Trade Association applauds Congressman Feenstra for recognizing that a healthy farm system begins with healthy farmers,” said Matthew Dillon, Co-CEO of the Organic Trade Association. “We proudly support the Farmers First Act which safeguards the well-being of farmers.”

“Farming is a stressful job, even in good times, and rural residents often face unique barriers to seeking mental health care,” said Christy Seyfert, Farm Credit Council President and CEO. “FRSAN brings valuable stress assistance services and expertise to the farm and ranch communities most in need of resources. Farm Credit commends Ranking Member Craig, Representative Feenstra, and Senators Baldwin and Ernst for their leadership on the Farmers First Act.”

“Since it was funded in the 2018 Farm Bill, the Farm and Ranch Stress Assistance Network (FRSAN) has been an essential lifeline for farmers, ranchers and farmworkers, who face increased levels of stress and often lack access to mental health support services,” said Hannah Tremblay, Farm Aid’s Policy & Advocacy Manager. “Farm Aid enthusiastically supports the Farmers First Act of 2025 which continues the crucial work of the FRSAN to support and strengthen the agricultural workers we all depend upon. Importantly, the increased funding will allow for deeper support networks and increased outreach to underserved farmers and agricultural workers. As farmers struggle with an uncertain farm economy, FRSAN is now more critical than ever.”

“We are grateful to Representatives Randy Feenstra and Angie Craig for reaffirming the clear and present need for increased funding of the Farm and Ranch Stress Assistance network. Many reasons exist for ongoing farm stress and mental health challenges for farmers and farm workers. Continued FRSAN funding is essential to ensure critical support services and programming reach populations where the need is great, and resources are often limited,” said David Howard, Policy Development Director at Young Farmers.

“Farming can be incredibly stressful, and too many rural communities still don’t have the mental health support they need,” said Rob Larew, President of National Farmers Union. “The Farmers First Act will help get essential resources to farmers who are struggling. We thank Representatives Feenstra and Craig and Senators Baldwin and Ernst for leading the charge and urge Congress to reauthorize FRSAN with increased funding.”

###

MIL OSI USA News –

July 16, 2025

*Record Date*	*Payable Date*	Distribution Per Trust Unit
July 31, 2025	August 15, 2025	$0.06
August 31, 2025	September 15, 2025	$0.06
September 30, 2025	October 15, 2025	$0.06

Category: Horticulture

Quick facts

A worrying mix

The impact on Australia

Some possible solutions

Quotes:

Quick Facts:

Quotes:

Quick Facts:

Additional Resources:

Other than cropping, Province of Nova Scotia photos are not to be altered in any way.

Source: Environmental Protection Authority

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