Articles Tagged with ''Brazil''

Government subsidies are keeping the nation’s farm economy afloat even more than last year. USDA is forecasting that farm income will be relatively stable this year only because of increased government payments.

Health and Human Services Secretary Robert F. Kennedy Jr. is headlining the cattle industry’s annual convention, CattleCon, today in Nashville, Tennessee.

Brazilian soybean producers want to keep the recent gains they’ve made in the Chinese market even as U.S.-China relations improve. 

Brazil has benefitted from Trump’s trade war, cementing its presence in the Chinese soybean market and exporting an estimated record of 108 million metric tons to trading partners in 2025.

Farmer sentiment weakened a bit last month as producers’ future outlook softened somewhat, and there is ongoing concern about prospects for soybean exports, according to the Purdue University-CME Group Ag Economy Barometer Index.

President Donald Trump has lifted 40% tariffs on a raft of Brazilian agricultural products, including fruit, beef and coffee.

The global trade outlook for U.S. soybeans is mixed as the Agriculture Department on Friday slightly lowered its earlier export forecast amid tough competition from South America, despite a pending U.S.-China trade deal.

A Commerce Ministry spokesperson refused to confirm that Chinese purchase commitments of U.S. soybeans were part of a trade deal agreed to late last month.

PepsiCo says it will launch a direct farmer incentive pilot program in Brazil’s Cerrado region. In collaboration with Griffith Foods and Milhão — a Brazilian company that manufactures non-GMO corn-based ingredients — the program aims to preserve the Cerrado and benefit farmers through regenerative agriculture practices.

President Donald Trump says he has a one-year agreement with China that will include “tremendous” sales of U.S. ag commodities. He didn’t provide any details of the Chinese pledge to reporters after his 90-minute meeting with Chinese President Xi Jinping on Thursday in South Korea.