South America

NCBA: US, Mexican governments resolve ongoing trade dispute

NCBA Manager of Legislative Affairs Kent Bacus said the U.S. and Mexico crossed the first of two important hurdles in resolving the ongoing trade dispute regarding Mexican trucks on U.S. roadways stemming from the North American Free Trade Agreement. FULL STORY »

White House: Approve free-trade deals

The White House urged Congress Tuesday to quickly approve free-trade agreements with South Korea, Colombia and Panama, after a deal was struck with lawmakers to restore benefits for job losses related to trade. FULL STORY »

Commodities market impact weather: Favorable heat for Midwest

Favorable Midwest heat, light Northern Plains rainfall, a variable Delta and Southeast trend, dry and hot for wheat harvest, additional West Texas heat, mixed trends in the Canadian Prairies, a hotter trend in northern China, periods of rain in central China, hotter and drier in western Europe, rainy and cool in Ukraine and Russia, and an mixed monsoon rain pattern in India are the main weather items for the commodity trade's attention. FULL STORY »

Drought in Mexico pulls cattle north; Canadian cattle imports 40% lower

Drought conditions in Mexico have increased the incentive for many producers to export cattle to the United States. FULL STORY »

Brazil creates crisis center to halt deforestation

Brazil has set up a crisis center to combat increased deforestation in the Amazon rainforest, the nation's environmental minister said Wednesday. FULL STORY »

Brazil development bank to increase stake in JBS

Brazil's national development bank BNDES will increase its stake in meatpacker and food processor JBS SA by converting a massive loan into equity at the expense of other shareholders, the company said May 18. FULL STORY »

U.S. cattle imports from Mexico higher, but down from Canada

The increase in Mexican cattle imports thus far in the year is being offset by the decline in Canadian cattle imports. FULL STORY »

Beef exports provide strong market support

International trade continues to grow and play an increasingly important role in the U.S. cattle and beef market. FULL STORY »

Arizona seeks online donations to build border fence

Arizona lawmakers want more fence along the border with Mexico — whether the federal government thinks it's necessary or not. FULL STORY »

Grains Council praises upcoming Colombia FTA

The U.S. Grains Council commends the Administration’s move forward on technical discussions with Congress on the Colombia Trade Promotion Agreement draft implementing bill and draft Statement of Administrative Action. Today’s announcement will establish a pathway for formal consideration of all three pending trade agreements, including South Korea and Panama. FULL STORY »

JBS signs Amazon rainforest pact

JBS S.A., the world’s largest protein processor, has agreed to stop buying beef from ranches associated with slave labor and illegal deforestation in the Brazilian Amazon, according to the public prosecutor’s office in the state of Acre in Brazil. FULL STORY »

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