Global Markets: Rice – Brazil Seeks Imports from Non-Traditional Suppliers Oct 13, 2020

🕔Oct 13, 2020
Earlier this year, Brazil harvested a large crop which supplied a temporary domestic surge in purchases after COVID-19 response measures were put in place. Strong demand for Brazilian rice has […]

Global Markets: Oilseeds – U.S. Soybean Futures Rise on Strong Chinese Demand, Limited Brazilian Supplies Oct 13, 2020

🕔Oct 13, 2020
Soybean prices on the Chicago Exchange topped $10.00/bu in mid-September, eventually peaking at $10.44/bu on September 18 before falling back to just below the $10.00 dollar mark at the end […]

Ag Trade: Biggest Challenge For U.S.-China – Strong Competition, Especially From Brazil Oct 5, 2020

🕔Oct 5, 2020
A recent report from USDA’s Foreign Agricultural Service (FAS), “China: Evolving Demand in the World’s Largest Agricultural Import Market,” stated that, “As part of the Phase One Agreement, China has committed […]

USA’s Export Competitors Have Significantly Upped Their Game – Commentary Oct 1, 2020

🕔Oct 1, 2020
On August 7, 2020 we wrote a column challenging the Zombie idea that by lowering the price of US commodities, the nation’s farmers would be able to recapture the share […]

Brazilian Soybean Profits to Reach Historical Highs in 2020/21 Oct 1, 2020

🕔Oct 1, 2020
Brazilian farmers are on a trajectory to have the highest soybean return in history for the 2019/20 marketing year. Soybean prices have reached highs in recent months, caused by low […]

Brazil Soybeans: Planting Underway with Little Rainfall Sep 30, 2020

🕔Sep 30, 2020
Soybean planting, which promises to set a new record in Brazil, is underway in the Paraná, Mato Grosso do Sul, and Mato Grosso regions of the country.  Agência Estado Letícia […]

Ag Trade: China’s Imports Up From Last Year Sep 29, 2020

🕔Sep 29, 2020
Reuters writers Hallie Gu and Dominique Patton reported late last week that, “China’s August imports of soybeans from Brazil rose 22% from a year ago, customs data showed on Friday, as […]

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 […]

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