Brazilian meatpackers are weighing whether to make new shipments of beef products to the United States after President Donald Trump announced a 50 per cent tariff on Brazil last week, Roberto Perosa, president of Brazilian beef lobby ABIEC, said.
Tag Archives Brazil
China soybean imports hit record June high on strong Brazil shipments
China’s soybean imports hit the highest level ever for the month of June, a Reuters calculation of customs data showed on Monday, driven by a surge in shipments from top supplier Brazil.
Trump tariff on Brazilian goods could jack up U.S. burger price
U.S. President Donald Trump's plan for a 50 per cent tariff on goods from Brazil will likely raise prices for the beef that is used in American hamburgers, traders and analysts said on Thursday, as food manufacturers increasingly rely on imports during a time of declining domestic production.
China’s May soybean imports from Brazil jump 37.5 per cent year over year
China’s soybean imports from Brazil surged 37.5 per cent in May from a year earlier, data showed on Friday, as buyers scooped up South America’s bumper crop, while supplies from the United States also rose 28.3 per cent.
Brazil poised to declare itself bird flu ‘free,’ state official says
Brazil is ready to declare the country free of the bird flu virus on commercial flocks, Edivilson Brum, the head of Rio Grande do Sul state’s agriculture department, said on Wednesday in a statement.
USDA makes small cuts to corn, wheat ending stocks
Few changes the central theme in June report
The June supply/demand report from the United States Department of Agriculture contained very few changes from May. The USDA issued its World Agricultural Supply and Demand Estimates on June 12, showing some declines for U.S. corn and wheat ending stocks, while those for soybeans were unchanged.
China issues countrywide ban on Brazilian poultry imports
China has issued a ban on all imports of poultry and related products from Brazil over an avian influenza outbreak, two weeks after suspending import applications from the country's poultry farms.
Brazil chicken exports tick down in May after bird flu outbreak
Chicken meat exports from Brazil have fallen slightly year-on-year in May, trade data from the government showed on Monday, after the country logged a case of bird flu on a commercial farm.
Canola climbs higher but faces obstacles
Brisk exports lead to rising prices but tariffs and oil pricees loom in the background
The July canola contract on the Intercontinental Exchange reached a significant price level during the week ended May 1.
Brazil’s ethanol boom keeps more corn at home
Reduced exports from the South American country are expected to raise corn prices, which could also benefit barley growers
Brazil is consuming a lot more corn at home and will be less of a force in the export market in the years to come, says an analyst.
