Winter Lifeline for U.S. Fuel Exports at Risk With Latin America Outbreaks
U.S. refiners used to be able to count on Latin America as a reliable outlet for exports when fuel consumption was in the doldrums at home. That may no longer be the case because of Covid-19.
Brazil Once Again Becomes the World’s Largest Beef Exporter
In 2018, Brazil was the world’s largest exporter of beef, providing close to 20 percent of total global beef exports, outpacing India, the second-largest exporter, by 527,000 metric tons carcass weight equivalent (CWE). Moreover, USDA projects that Brazil will continue its export growth trajectory for the next decade, reaching 2.9 million metric tons, or 23 percent of the world’s total beef exports, by 2028.