Brazil Surpasses US as Top Global Beef Producer
Brazil surpassed the U.S. as the world's top beef producer last year, according to market estimates, after the South American country beat output forecasts by hundreds of thousands of tons,…
China Buys Brazil Soy as US Crop Still Faces 13% Tariff
China will suspend retaliatory tariffs on U.S. imports, including duties on farm goods, after last week's meeting of the two countries' leaders, Beijing confirmed on Wednesday, but imports of U.S…
Trump, Cattle Ranchers Beefing over Planned Quadrupling of Argentine Imports
President Donald Trump attacked US cattle ranchers over their criticism of his plan to slash record beef prices by importing significantly more tariff-free meat from Argentina, deepening a quarrel with…
Trump Suggests U.S. Will Buy Argentina Beef to Lower Prices
President Donald Trump said Sunday that the United States could purchase Argentinian beef in an attempt to bring down prices for American consumers. 'We would buy some beef from Argentina,'…
Soybean Producers Frustrated Over US Support for Argentina
Treasury Secretary Scott Bessent said Wednesday that the U.S. will offer financial support to Argentina to prop up its ailing economy, prompting frustration from soybean producers, for whom Argentina is…
China’s Soybean Buyers Turn to Argentina, Continue Shunning US
Chinese buyers booked at least 10 cargoes of Argentine soybeans after Buenos Aires on Monday scrapped grain export taxes, three traders said on Tuesday, dealing another setback to U.S. farmers…
U.S. Tariffs Reshaping Global Ag Trade Flows
The imposition of U.S. tariffs and new U.S. trade deals with countries across the globe are expected to reshape global agricultural trade flows — on products ranging from beef to…
Mexico Tariffs Delayed, Higher Duties Set on Brazil & Canada
President Donald Trump imposed steep tariffs on exports from dozens of trading partners, including Canada (35%), Brazil (50%), India and Taiwan, ahead of a Friday trade deal deadline, pressing ahead…
China Issues New Threats to Block Panama Canal Ports Deal
China’s government is threatening to block a deal that would transfer ownership of dozens of seaports — including two ports at the Panama Canal — to Western investors if Cosco, China’s…
US Corn Export Sales Forecast at Record Levels
U.S. corn export sales have continued at a blistering pace and support a 100-million-bushel month-to-month increase for the 2024/25 marketing year, raising the forecast to a record-high 2,750 million bushels…
Trump’s Brazil Tariffs Could Impact Beef and Coffee Trade
President Donald Trump’s unexpected move to threaten a 50% tariff on Brazil risks roiling global commodity markets, disrupting trade on everything from beef to coffee.
Brazil’s Second Corn Harvest Expected at Record 123 MMT
Brazilian farmers will produce a record 123.3 million metric tons of second corn, agribusiness consultancy Agroconsult said on Tuesday after surveying fields in key producing regions nationwide.
USDA Cuts Outlook for Argentina, Brazil Corn Production
Market Watch's Kirk Maltais reported Tuesday that "production of corn…
Low South American River Levels Hindering Crop Shipments
Rivers throughout South America have reached such low levels in…
Brazil Soy Planting Growth Slowing, Argentina Accelerating
Argentina could see the largest expansion of soybean planting in…
Brazil Tax Change Could Make US Soybeans More Attractive
Bloomberg's Clarice Couto reported this past Friday that "a surprising…
Flood Related Soybean Losses Estimated at 2.71 MMT in Brazil
Reuters' Andre Romani and Leticia Fucuchima reported Tuesday that "soybean…
Brazil Floods Likely to Affect Future Crop Seasons
Bloomberg's Clarice Couto reported Wednesday that "catastrophic floods in Brazil…
Brazil Soy Harvest Hit by Floods, Argentina Corn Forecast Cut
Reuters' Ana Mano and Roberto Samora reported this past Friday…
USDA Brazil estimates remain far above Conab
Reuters' Karen Braun reported Wednesday that "benchmark industry estimates of…