The Brazilian Foreign Trade Council (Camex) may place a TRQ on ethanol imports in the next two weeks that will impact U.S. ethanol producers.It is nothing like the clashes within the Trump administration, but two cabinet members in Brazil have played out their very different views on ethanol imports in public. In May, Agriculture Minister Blairo Maggi urged Brazil’s Foreign Trade Council (Camex) to impose a new tariff on them. Then in June, Minister of Energy and Mines Fernando Coelho Filho responded that tariffs are not a wise long-term strategy for the sector. Indeed, it was Brazil that eliminated its 20 percent tariff on ethanol imports in 2010 and urged the U.S. to do likewise (as it did on 1 January 2012) as a way to build overall glob...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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