‘A body blow’ to U.S. farmers as trade war deepens

In a steady escalation of the Sino-U.S. trade war, Chinese companies halted purchases of U.S. farm exports on Monday. The largest US farm group said China's actions were "a body blow to thousands of farmers and ranchers who are struggling to get by."

Brazil’s JBS wins a quarter of Trump-tariff contracts for pork

A Brazilian-owned meat processing company undercut its competition by more than $1 per pound to win nearly $78 million in pork contracts through a federal program launched to help American farmers offset the impact of the ongoing trade war. As a result, JBS USA has won more than 26 percent of the $300 million the USDA has allocated so far for pork purchases — more than any other company, according to the Midwest Center for Investigative Reporting.(No paywall)

JBS, under fire for taking Trump’s tariff bailout, is accused of polluting a Colorado river

In a new lawsuit, environmental advocates say a Colorado beef-packing plant owned by JBS has been dumping polluted wastewater into a river for years. The suit comes as the Brazilian company is under fire for taking millions in President Trump's tariff bailout payments. (No paywall)

Brazil agrees to let some wheat enter duty-free, an opening for U.S. grain

Wheat growers declared victory—”a big win”—with Brazil’s agreement on Tuesday to allow duty-free import of wheat grown outside of a South American trading bloc. The so-called tariff-rate quota could result in exports worth more than $100 million a year if U.S. wheat dominates the new market …

Trade war could slow Chinese soy imports for years, says USDA

China will remain the world’s largest soybean importer in coming years even if the trade war with the United States is not settled, but it won’t be buying as much of the oilseed, said USDA analysts on Wednesday.

Ethanol exports set a record of 1.7 billion gallons

Roughly 11 percent of U.S. corn ethanol was exported in 2018, a record 1.7 billion gallons worth $2.7 billion, said ethanol trade groups on Wednesday. Exports were nearly 25 percent higher than the previous record of 1.4 billion gallons, set in the preceding year, said the groups.

China buys 96.6 million bushels of U.S. soybeans in a week

In a break from the trade war, China made its third purchase of U.S. soybeans in a week, said the USDA on Wednesday. The purchases followed a meeting between President Trump and Chinese President Xi Jinping in Buenos Aires that Trump said would result in significant exports to China.

China takes a nibble of U.S. soybeans, but not enough to reassure growers

China made its first major purchase of U.S. soybeans since Donald Trump and Xi Jinping agreed two weeks ago to try to settle the Sino-U.S. trade dispute, said the USDA on Thursday. The purchase, however, was too small to convince growers that China will return to its role as the biggest customer for U.S. soy exports.

China soaks up Brazilian soybeans

As a consequence of the Sino-U.S. trade war, Brazil is likely to ship nearly 60 million tonnes of soybeans to China this calendar year, a 9-percent increase from 2017, say USDA analysts. While the United States is effectively shut out of China because of high tariffs, "U.S. trade opportunities for markets outside of China would rise by nearly 13 million tonnes in the coming (trade) year, compared to 2016/17," according to the monthly Oilseeds: World Markets and Trade report.