south america

December is typically one of the quieter months when it comes to the USDA's monthly crop production reports, and world agriculture supply and demand estimates.   "We don't get any new information from NASS regarding acreage or yields so we're not expecting anything to change on the production side for U.S. a...

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." ...

On Tuesday, Lamb Weston announced a joint venture with Sociedad Comercial del Plata in Argentina.  The goal is to serve the nearly 2-billion-pound South American market.  Each partner will own 50% of the new joint venture, Lamb Weston Alimentos Modernos S.A.   ...

On Tuesday, Lamb Weston announced a joint venture with Sociedad Comercial del Plata in Argentina.  The goal is to serve the nearly 2-billion-pound South American market.  Each partner will own 50% of the new joint venture, Lamb Weston Alimentos Modernos S.A.   Te...

House Agriculture Committee Chair Collin Peterson of Minnesota is leading a trade mission to Central and South America.  The Hagstrom Report said the delegation is scheduled to make stops in Brazil, Argentina, and Honduras.  They’ll meet with agriculture leaders from the public and private sectors of each country.   Patric...

Many of the South American crops are starting to reach harvest time and that could play a major role in the ag economy for the U.S.   USDA’s Outlook Board Chair Seth Meyer said we’ll see a report on what they expect from South America Thursday.   “It has...