Agriculture

Argentina is in the final stages of negotiations to secure a deal allowing beef offal exports to China, according to sources close to the talks, as Beijing looks to broaden its food import sources while locked in a trade standoff with the U.S. Key Deal Details 🤝 Negotiation Status: Why It Matters for Argentina 🇦🇷 Export Boost: China’s Strategic Shift 🇨🇳 Diversification Drive: […]

Brazil’s Santa Catarina state announced Thursday that bird flu was not detected at a commercial chicken farm after lab tests, but the federal government continues to classify it as a suspected case, prolonging trade anxieties for the world’s largest chicken exporter. Key Developments 🔬 Conflicting Results: Trade & Economic Impact 🚫 Export Bans: Major buyers (China, EU, Japan) halted shipments from Rio Grande do […]

Chicago wheat futures retreated Friday, slipping 0.2% to $5.43¼/bushel, as a rebound from last week’s five-year low lost momentum amid fading speculative buying. Meanwhile, corn and soybeans extended gains, supported by tightening global stocks and adverse weather in key growing regions. Why Wheat Stalled 📉 Profit-Taking: Funds switched to net sellers after driving a 3.5% weekly gain on weather fears.🌍 Mixed Fundamentals: Corn & Soybeans Stay Strong […]

The U.S. livestock breeding industry is reeling from millions in losses after China’s retaliatory tariffs abruptly halted imports of high-value breeding pigs and cattle semen—a niche but lucrative trade now in freefall due to the escalating U.S.-China trade war. Why It Matters 🐖 Breeding Pigs: Trade War Fallout 💥 Lost Relationships: Years of trust-building with Chinese buyers evaporated.🇩🇰 Competitor Advantage: Denmark’s […]

Chicago wheat futures jumped to a one-month peak Wednesday, extending a rebound from last week’s five-year lows as a sliding U.S. dollar and mounting worries over Northern Hemisphere harvests triggered aggressive short-covering by funds. The rally spilled into corn and soybeans, with analysts warning of historically tight global corn supplies and Argentine soy crop risks from flooding. Why Wheat Is Leading the Charge 🌾 Production Fears: Corn & Soybeans Join the Rally […]

A bird flu outbreak in Brazil’s key poultry-producing state of Rio Grande do Sul has forced dozens of countries to suspend chicken imports, potentially creating a domestic oversupply that could temporarily lower meat prices—a rare silver lining for consumers battling 12.3% annual food inflation. But economists caution the relief may be fleeting, with risks of deeper disruptions if the outbreak spreads. Why Prices Could Drop (Briefly) […]

In a dramatic political downfall, Japan’s Agriculture Minister Taku Eto resigned Wednesday after his boast about never purchasing rice due to supporter gifts ignited public outrage during the worst rice price crisis in four decades. The controversy erupted when media leaked Eto’s comments from a Sunday fundraiser where he casually remarked: “I’ve never had to buy […]

Argentina’s government has opted to extend tax incentives for wheat and barley exports through March 2025, offering critical support to farmers as the new planting season begins. However, in a blow to agribusiness, Economy Minister Luis Caputo confirmed that soybean, corn, sunflower, and sorghum exports—along with their byproducts—will not receive further tax relief, prioritizing fiscal discipline over sector-wide concessions. Key Details of […]

Argentina’s critical 2024/25 soybean crop faces potential “significant losses” after torrential rains flooded fields in the northwestern Buenos Aires province, the Buenos Aires Grains Exchange warned Monday. The extreme weather could force a downward revision of the country’s current 50 million metric ton soybean forecast, threatening global supplies of soybean oil and meal, of which Argentina is the world’s top exporter. Storm […]

Brazil, the world’s largest chicken exporter, has ruled out avian influenza (bird flu) in three of seven suspected cases, officials announced Monday, offering temporary relief to a global market on edge over potential trade disruptions. However, four cases—including two on commercial poultry farms—remain under investigation, keeping the agriculture sector and international buyers braced for possible export bans. Outbreak Status […]