Country will still need imports to meet domestic demand. 

President to sign deal that restricts GM corn in tortillas, sets new import tariffs. 

Council also sees total grains endings stocks dropping to nine-year low.

Large Eastern European exportable crop significantly cheaper.

Plan involves increasing self-sufficiency, investing in foreign agribusiness and farmland.

Better than anticipated harvest could reduce imports by up to 50%.

USTR has asked for a dispute settlement consultation under trade agreement.

Measure continued until Sept. 15 for five EU countries.

USDA: Another year of poor domestic production will have ports running at high capacity.

Increase has been impacted by the Black Sea grain deal and last year’s drought.