Rice Market: Brazil Opens Temporary, Rare Duty-Free Quota Sep 10, 2020

🕔Sep 10, 2020
On August 27, USA Rice reported on the exploration by Brazil’s Ministry of Agriculture into a temporary import suspension for rice.  Yesterday evening, Brazil’s Executive Secretary of the Foreign Trade […]

Biofuels: Brazil Wants U.S. Counterpart to Negotiate Ethanol Import Tax Sep 9, 2020

🕔Sep 9, 2020
The United States started to pay a 20% tariff on all ethanol exported to Brazil this month. Before that, there was a quota of 750 million liters per year at […]

Chinese Trade Still Falls Short, Says Secretary Perdue – DTN Sep 9, 2020

🕔Sep 9, 2020
With Brazil’s tariff-free quota expiring on Tuesday leading to an increase to a 20% tariff on all ethanol imports from the United States, U.S. Secretary of Agriculture Sonny Perdue told […]

Rice Market: Brazil Looks to Temporarily Suspend Tariffs on Imports Aug 27, 2020

🕔Aug 27, 2020
Following months of high domestic pricing and growing inflation and economic issues, Brazil’s Ministry of Agriculture is exploring a temporary elimination of import tariffs on rice, corn, and soybeans for […]

Hubbs on Grain: Looking at 2020-21 Corn Consumption Aug 25, 2020

🕔Aug 25, 2020
Crop tour estimates and derecho damage brought USDA corn production forecasts for the 2020 crop under question over the last week.  While a lower domestic supply of corn supports corn […]

Global Markets: Cotton – World Stocks Remain High, Not Just in China Aug 13, 2020

🕔Aug 13, 2020
Between 1960/61 and 2010/11, the world stocks-to-use ratio stayed between 30 and 60 percent. However, since 2011/12 the stocks-to-use ratio has not dipped below 65 percent and has been above […]

Ag Trade: Chinese Soybean Imports Robust in July Aug 10, 2020

🕔Aug 10, 2020
Bloomberg News reported on Thursday that, “China’s soybean imports were the second highest on record in July as processors increased purchases of cheaper Brazilian supplies and demand for hog feed recovered. “The country imported 10.09 […]

Ag Trade: Brazilian Exports Set Record as Domestic Supply Difficulties Begin Jul 14, 2020

🕔Jul 14, 2020
Brazilian agribusiness exports were at record levels in June 2020, with foreign sales of US$ 10.17 billion. There was a growth of 24.5% in relation to exports in June 2019 […]

Global Markets: Wheat – Philippine Imports Surge While Duties Implemented on Turkish Flour Jul 10, 2020

🕔Jul 10, 2020
The Philippines is currently the world’s third largest wheat importer, with demand for wheat flour and milling wheat nearly doubling in the last decade. Its expanding population, coupled with increasing […]

Rice: Brazilian Farmer Learns About Production in the Bayou Jul 7, 2020

🕔Jul 7, 2020
Cícero Marcon Manenti has known he wanted to take on the family rice farm since he was ten years old. “When I was a kid, I was always out with […]

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