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MercoPress, en Español

Montevideo, April 19th 2024 - 07:30 UTC

Tag: US Agriculture

  • Thursday, February 20th 2020 - 08:14 UTC

    China back in the market for US agricultural commodities

    The new interest in US goods follows China's publication of a list of 696 American products that will be eligible for relief from retaliatory duties imposed by Beijing

    China is back in the market for US agricultural commodities after issuing a list of products that will be eligible for tariff waivers, according to market sources. US exporters sold at least two sorghum cargoes to China after buyers bid for supplies to be shipped in the first half of the year. Importers also inquired about soybeans on Wednesday, a day after asking about wheat prices in a move that sent Chicago futures rallying.

  • Thursday, September 20th 2018 - 08:32 UTC

    US supplants Brazil as leading supplier of soybeans to the European Union

    Imports from Brazil dropped to a 40% share of the bloc's roughly 35 million ton annual import market for the animal feed staple.

    The United States has supplanted Brazil as the European Union's top supplier of soybeans since a deal in July with President Donald Trump to avert a trade war, according to EU data seen by Reuters on Thursday.

  • Wednesday, April 11th 2018 - 18:35 UTC

    Argentina imports 120.000 tons of soy-beans from United States

    The USDA in its daily export sale reporting system said 120,000 tons of U.S. soybeans were sold to Argentina for delivery during the 2018-19 marketing season

    Argentina, the world’s third biggest soy producer, booked its largest purchase of U.S. soybeans in 20 years on Tuesday after drought cut its harvest, forcing crushers there to turn to imports. The surprise move pushed Chicago soybean futures to a one-month high, in the latest development to upend global soy trading after top buyer China last week proposed tariffs on U.S. imports amid an intensifying Washington-Beijing trade dispute.

  • Tuesday, April 3rd 2018 - 08:48 UTC

    Brazil subsidized loans for the 2018/19 agriculture program will reach US$ 58bn

    The government’s farm program offers subsidized loans to finance agricultural commodities and make investments such as in silos and agricultural machinery.

    Brazil's Agriculture Ministry plans to increase funds available to finance the farm sector, an official announced, noting that a decline in inflation has allowed the government to boost funding in a country that is the world’s largest exporter of staples like soybeans and coffee.

  • Friday, February 23rd 2018 - 09:21 UTC

    Mexico buying more Brazilian corn over concern with NAFTA negotiations

    Mexican buyers imported a total of more than 583,000 metric tons of Brazilian corn last year – a 970% jump over 2016, shows data from Mexico’s SIAPm Mexico’s SIAP

    Mexican buyers imported ten times more corn from Brazil last year amid concern that NAFTA renegotiations could disrupt their U.S. supplies, according to government data and top grains merchants. Mexico is on track to buy more Brazilian corn in 2018, which would hurt a U.S. agricultural sector already struggling with low grains prices and the rising competitive threat from South America.

  • Friday, February 23rd 2018 - 09:13 UTC

    Argentine farmers agree to pay royalties to seed companies like Monsanto

    Argentina’s 1973 seed law allows farmers to use seeds generated from their harvests freely in later plantings, unlike their counterparts in the United States.

    Argentine farmers have agreed to pay perpetual royalties when they replant genetically modified seeds made by companies like Monsanto Co, a deal that could allow farmers access to the newest biotechnology.