Cargill Suspends Soybean Exports to China Cargill has stopped buying soybeans from Brazilian farmers following new regulatory and sanitary/phytosanitary requirements in the country. The Brazilian government’s recent adoption of stricter sanitary evaluations of soybeans destined for China prompted Cargill to cease shipments to China. Cargill’s Latin America office head, Paulo Sousa, said the Brazilian ag ministry’s “new type of analysis” runs contrary to the normal way of inspecting grain shipments. The inspection changes were reportedly requested by China and recently implemented by the Brazilian government. In response, Cargill feels it has no option but to stop playing the game and suspend soybean shipments t...
What You Need to Know Today: The U.S. dollar continued to strengthen Thursday as persistent inflation reinforced expectations for additional Federal Reserve interest rate hikes. Higher Treasury yields have helped support the dollar, potentially reducing the competitiveness of U.S. agricultural...
In yesterday’s WASDE, USDA reduced its overall red meat and poultry production forecast for 2026 as declines in beef and broiler output more than offset increases in pork and turkey production. Fourth-quarter beef production was revised downward because of slower fed cattle marketings and...
Key Takeaways: Dry bulk freight markets were stronger this week, but the rally was uneven and due to divergent dynamics across basins and vessel classes. Panamax markets were broadly higher, but Atlantic grain demand was primarily responsible while Asian activity was subdued. That trend...
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