US soy starts 2021 with big sales to China
The new year got off to a big start for U.S. soybean trade, with sales and shipments to China totaling nearly 2 million metric tons for just the first week in January, according to the latest trade data.
Brazil eager to export corn to China
Brazil is looking to boost its corn trade with China but exports are not feasible right now due to inter-harvest shortages, Reuters reported, citing Abramilho, a corn producers association.
China to start buying soybeans from Tanzan
Analyst says the country is trying to reduce reliance on US and Brazil, but African production levels are too low to make a real difference It is the latest African nation to sign a deal for agricultural products with Beijing, which has pledged to expand imports
Winter Lifeline for U.S. Fuel Exports at R
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.
Rice, sugar push up Q1 farm exports by 23%
Despite Covid-19 and the lockdown, India saw a 23% increase in export of farm produce from April to June compared to the corresponding period last year, with rice and sugar dominating the charts.
Brazil Once Again Becomes the World’s La
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.
