The Renewable Fuels Association (RFA) sent a letter last Friday to Ron Kirk, the U.S. Trade Representative, regarding U.S. ethanol exports to Brazil. The letter calls for a "more fair and free trade agreement between Brazil and the U.S. with respect to ethanol," so that the U.S. industry will not continue to "suffer unnecessarily from artificial barriers erected to protect the Brazilian fuel market." RFA specifically raises two issues as "unfair and discriminatory" toward U.S. ethanol exports:
Brazil's reduction of the ethanol blend from 25 percent to 18 percent; The imposition by Sao Paulo State of a 25 percent tariff on ethanol imports.
According to RFA, August and September imports from Brazil were the equivalent of annual p...
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...
