Brazil Wants U.S. Counterpart to Negotiate Ethanol Import Tax

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 zero rate, which expired on August 30th. Valor Econômico writers Rafael Walendorff and Camila Souza Ramos reported that the Brazilian government must communicate to the United States that the country is willing to negotiate the conditions for the ethanol trade, but without extension of the tariff- free quota.

China Expands Suspension of Meat Imports from Brazil

The suspension of meat imports by China so far affects five large Brazilian plants. On Saturday, the Asian country removed pig companies BRF in Lajeado and JBS in Três Passos, both cities in Rio Grande do Sul state, from the list of plants authorized to export.  Less than a week earlier, another three units (two beef and one poultry) had their sales to China halted. China is the largest importer of pork, beef and chicken from Brazil.

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