(BASF) As monarch butterflies prepare to fly north, BASF is encouraging farm families to provide a layover for these iconic insects by planting milkweed habitats along the migration path as part of the company’s Monarch Challenge. The Monarch Challenge is a program of BASF’s biodiversity initiative Living Acres, which seeks to restore the monarch population, by planting milkweed habitats in non-crop areas of a farmer’s land. Milkweed is an important part of the monarch’s life cycle, as it is the only plant where adult monarchs will lay their eggs. The leaves of the milkweed serve as a main food source for monarch larvae. The Monarch Challenge shares best practices on milkweed development with farmers to help support the monarch butterfly. Last year, nearly 500 farm families signed up for the Monarch Challenge and received a combined 9,000 seedlings and kits to create their own milkweed plots. With the success of last year’s challenge and the continued interest in aiding these iconic insects, BASF is looking to grow the program to 1,000 farm families in 2018. Now is the time for farm families to get involved with the challenge and receive their own milkweed seedlings to plant this spring. To sign up, visit www.monarchchallenge.com.

U.S. Trade Representative Robert Lighthizer told CNBC television Wednesday he is “hopeful” there will be compromise and a deal reached on the North American Free Trade Agreement. His comments follow those from Canadian Prime Minister Justin Trudeau, who earlier this week said a “win-win-win deal is not only possible but likely.” Lighthizer said Wednesday he is optimistic the three NAFTA members can “get something done in principle in the next little bit.” He acknowledged there is a short window to reach an agreement, as Mexico will hold summer elections and the U.S. will hold midterm elections in the fall. Round eight of the negotiations are scheduled for Washington, D.C., in early April. In the last round of talks, some agricultural topics advanced, including sanitary and phytosanitary measures. However, the American Farm Bureau Federation reported there was much work left to be done on market access, referring to the U.S.-Canada dairy trade issue.

Agriculture was ‘left out’ of the U.S.-Korea Free Trade Agreement renegotiation effort, a relief to the sector. For many in agriculture, there was more to lose than gain in the renegotiation effort. The U.S. is the largest supplier of beef to Korea and the second largest pork supplier. Data from the U.S. Meat Export Federation shows red meat exports to Korea set a record last year of $1.7 billion, up 19 percent from the prior year and up 69 percent from 2012. USMEF spokesperson Joe Schuele told Meat industry publication Meatingplace the revised KORUS is “excellent news” for U.S. beef and pork because it ensures the U.S. “will continue to be able to serve the growing South Korean market.” South Korea is also a top-five importer of U.S. corn, buying more than 5.3 million metric tons in the last marketing year, which is more than 200 million bushels. Under the new agreement, South Korea will limit its steel exports to the U.S. and allow more imports of U.S. autos. The U.S. agreed to exempt South Korea from Trump’s steel and aluminum tariffs.

President Donald Trump says Mexico and Canada will face steel and aluminum tariffs if the North American Free Trade Agreement talks don’t progress to his likings by May first. The administration has granted an exemption to Canada and Mexico from the tariffs. However, a White House document says Trump will decide by May first “whether to continue to exempt these countries from tariffs, based on the status of discussions.” The move, Bloomberg reports, puts pressure on Canada and Mexico to progress and complete the talks. Mexican officials have hoped to wrap-up the process by the end of April, before the country’s summer election, and the U.S. midterm election later this year. The move by Trump comes as Canadian Prime Minister Justin Trudeau says momentum is building, and that “a win-win-win deal is not only possible but likely.” Still, there are many issues left to agree on, including major agriculture issues. An American Farm Bureau Federation economist speculated earlier this month that the NAFTA renegotiation effort would stretch into next year.

The annual Spring Picnic Marketbasket Survey by the American Farm Bureau Federation shows higher retail prices for several foods. The informal survey showed the total cost of 16 food items that can be used to prepare one or more meals was $51.05, up $1.02 or two percent compared to a year ago. AFBF attributed the increase to higher retail prices for several foods including eggs, orange juice, meat products, bagged salad, shredded cheddar and vegetable oil. AFBF market intelligence director John Newton says eggs own the highest price increase, saying: “Easter eggs are going to be a bit more expensive, 37 percent higher than a year ago.” U.S. egg exports were up nearly 50 percent in 2017 while egg production remained flat. Meanwhile, the price of orange juice increased 7.5 percent, due to the devastating hurricane late last year that came through parts of Florida, where most orange juice comes from. The hurricane led to growers harvesting the smallest crop in 70 years. Of the 16 items surveyed, nine increased and seven decreased in average price.