The expiration and/or renewal date of the current TRQ for ethanol imports into Brazil is rapidly approaching; the current TRQ expires on 31 August. As we reported on 3 August, Brazil imposed a TRQ on ethanol in 2017. Last year the TRQ volume was increased from 150 million liters per quarter (600 million liters – or 158 million gallons - annually) to 750 million liters (198 million gallons), but it is based on seasonal restrictions:
31 Aug 2019 - 29 Feb 2020: import quota of 200 million liters per quarter
1 March - 30 Aug 2020: import quota of 275 million liters per quarter
The out of quota tariff is 20 percent. The U.S. has had 95 - 98 percent of the ethanol import market share in Brazil since 2017. From 2012 &ndas...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...
