New US duties affect 4,060 Brazilian products representing $12.4 billion in sales, according to Brazil’s National Confederation of Industry. Sugar, pork and animal feed are among the goods facing tariffs of up to 37.5%.
Brazil produced about 3.92 million tonnes of cotton in the 2024/25 season, setting a record as planted area and yields increased. The larger crop supported exports and kept Brazil as the world’s largest cotton fiber exporter.
Sonora’s pork industry warns that falling producer prices could force farms to close and affect about 111,000 jobs. Producers blame record imports and international market pressure as they seek federal intervention.
European stainless steel producers say the EU’s revised safeguards will reduce Indian bar imports by only 19.8%, rather than the headline 27.3%. Switzerland and the United Kingdom face substantially deeper reductions despite supplying much smaller volumes.
The US has imposed an additional 12.5% tariff on Thai goods under Section 301, while exempting 2,120 product lines representing more than half of Thailand’s export value to the US. Bangkok is accelerating reciprocal trade talks and preparing financing, tax and logistics support for affected exporters.
Russian factories produced 19.7 million tires, casings and rubber inner tubes in the first half of 2026, down 10.3% year on year, according to Rosstat data. Output was approximately 21% below the level recorded two years earlier as Chinese suppliers expanded their share of imports.
Porkcolombia says domestic pork consumption has quadrupled and wants the industry to become a leading part of Colombian agriculture. The association is prioritizing international expansion and expects support from the incoming government.
October New York world sugar No. 11 was unchanged, while October London white sugar No. 5 fell 0.70, or 0.15%. The weak tone coincided with lower WTI crude oil prices, reinforcing the market’s focus on the link between oil, ethanol and sugar.
Italian supermarket private labels sold 5.9 million litres of domestic extra virgin olive oil in June 2026, roughly matching the combined volume of the nine leading industrial brands. Nielsen data cited by Teatro Naturale show that the wider Italian olive oil market grew in volume while branded suppliers relied heavily on promotions and price cuts.
Indonesia, Malaysia and Thailand have finalized the substance of a regional palm oil cooperation memorandum under the IMT-GT framework. The three countries, which collectively account for about 87% of global palm oil production, plan to cooperate on productivity, processing, traceability, research, technology and smallholder support.
German beer output fell 5.6% to 79.24 million hectolitres in 2025, dropping below 80 million for the first time. Paulaner was the only major German brewing group to grow, while rising costs and weaker consumption forced more smaller breweries out of business.
The United States has allocated Brazil 100,000 metric tons raw value of raw sugar under its fiscal 2027 tariff-rate quota, down 35.9% from the previous cycle. The change reduces Brazil’s access to a key preferential market while larger allocations go to the Dominican Republic, the Philippines and Australia.
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