brazil

Coffee prices continue to move higher. Brazil, the top coffee producer was hit hard by frost, and the record cost of freight brought on by COVID-19 causing massive shipping logjams will push prices to multi-year highs in the weeks to come ...

A surprise frost last week struck Brazil’s coffee belt and hit farmers hard. Financial Post says industry experts fear farmers may default on deliveries of recently-harvested coffee that were sold to traders months ago at prices that are half of the current value. Tem ...

USDA estimates that the U.S. will export 26.5 million metric tons of wheat in the 2020-2021 marketing year, which if realized would be 1% of the 2019 pace. However, four months into the marketing year, total U.S. wheat commercial sales are 12% ahead of last year’s pace at 16.8 mil ...

On Tuesday, the USDA will be out with their new domestic exports, stocks, and prices of current crops projections. Outlook Chairman, Mark Jekanowski, said it's going to be hard for his group to pin it down given the dramatic market movements of late ...

Beijing has asked frozen food importers to not import products from counties with severe coronavirus. The Beijing Municipal Commerce Bureau said in a statement issued to import companies, “Customs and local governments have repeatedly detected the coronavirus in imported cold chain food, proving it risks contamination,” according to Reuters. The Bur ...

In response to the late February announcement by USDA opening the U.S. market to fresh beef from Brazil, R-CALF is calling for the restoration of mandatory Country-of-Origin meat labeling. The organization points out that Brazil is a country with a history of engaging in corrupt food safety practices, and is distributing a research paper to congressional offices titled Restoring Mandatory COOL f

Last week the USDA allowed raw beef from Brazil to be imported to the U.S.  The agency said the world’s largest beef exporter has taken the right steps to improve its food-safety inspection system, bringing it up to U.S. standards.  Some far...

Tuesday morning, the USDA is set to release its monthly forecast on crop supply and demand which includes forecast and price forecasts for crops like corn, soybeans, wheat, and and cotton. But as the USDA’s Mark Jekanowski pointed out.   “...

On Monday, President Trump announced new tariffs on Brazil and Argentina, citing harm to U.S. farmers. Trump said the tariffs on steel from Brazil and Argentina are in response to the “devaluation of their currencies.” Speaking to reporters on the White House lawn before departing for the NATO gathering in London, President Trump stated,  “Our steel companies will be very happy, and our farmers wi

Brazil has agreed to purchase products from outside of South America.  And the USDA's Ted McKinney said American wheat growers will be one of the main beneficiary. "For many, many years brazil had been sitting on a 750,000 metric ton of wheat TRQ which is an allotment." ...