Agriculture

Brazil is pushing to increase tax-free sugar exports to the U.S. during ongoing trade talks in Washington, aiming to shield its sugar sector from potential ethanol tariffs, according to sources. The South American nation seeks to expand the current annual quota of 147,000 metric tons of duty-free sugar, beyond which exports face an 80% tariff. […]

Chicago soybean futures fell for a third straight session on Tuesday, dropping to a near one-week low amid weakening demand concerns in China, the world’s largest importer. The most-active soybean contract slid 0.3% to $10.10-3/4 a bushel, while wheat and corn also declined, pressured by global economic uncertainties and shifting trade dynamics. China’s February consumer […]

Brazil’s crop agency Conab is overhauling grain procurement policies to build strategic food reserves and curb rising inflation, signaling a shift from past administrations’ approaches. Conab President Edegar Pretto announced plans to update rules that currently prioritize farmer income protection over stockpiling, aiming to enable government purchases at lower prices to prevent market spikes. The […]

Canada has suspended imports from the largest U.S. pork processing plant, operated by Smithfield Foods in Tar Heel, North Carolina, the company confirmed on Friday. The move comes amid escalating trade tensions between the U.S. and Canada, though officials insist the suspension is unrelated to recent tariff disputes. The U.S. Department of Agriculture (USDA) stated […]

U.S. President Donald Trump announced on Friday that his administration may soon impose reciprocal tariffs on Canadian dairy and lumber products, accusing Canada of charging excessively high tariffs on these goods. Speaking in the Oval Office, Trump criticized Canada’s 250% tariff on dairy and “tremendously high” lumber tariffs, stating that such practices have disadvantaged U.S. […]

China has increased its 2025 grain production target to around 700 million metric tons and expanded its budget for grain stockpiling, as part of efforts to strengthen food security amid escalating trade tensions with key partners. The world’s largest importer of agricultural goods is seeking to reduce its reliance on foreign supplies, particularly from the […]

European wheat and rapeseed prices extended their declines on Wednesday, with wheat hitting a six-month low and rapeseed falling to a three-month low, as a stronger euro and uncertainty over U.S. tariffs weighed on the market. May wheat futures on Euronext settled 0.2% lower at €223.00 ($240.42) per metric ton, after earlier dropping to €220.50, […]

China has escalated its trade retaliation against the U.S. by suspending soybean import licenses for three American firms and halting imports of U.S. logs, citing phytosanitary concerns. The move comes in response to President Donald Trump’s decision to impose an additional 10% tariff on Chinese goods, bringing the cumulative duty to 20%. The affected companies—CHS […]

U.S. farmers are bracing for higher costs and reduced export opportunities as President Donald Trump’s new tariffs on goods from Canada, Mexico, and China threaten to disrupt the $191 billion agricultural export sector. Farm groups warn that the tariffs, which include a 25% duty on Canadian and Mexican imports and a doubling of Chinese tariffs […]

Russian agricultural giant Rusagro has begun exporting sunflower oil from the St. Petersburg terminal (PNT) on the Baltic Sea, marking a strategic shift to overcome congestion at Black Sea ports. According to LSEG data and industry sources, the first shipment, a 46,317-metric-ton cargo aboard the tanker Lanikai, was loaded last month and is destined for […]