In Argentina, Ecos365 reports the country will appeal the ruling of the United States Court of International Trade that ratifies the imposition of tariffs imposed in 2018 on the import of biofuel produced in Argentina. On Wednesday, the United States Court of International Trade ruled against the demand of the Argentine government and an exporting […]
In Washington, D.C., the Renewable Fuels Association reports that government data showed U.S. ethanol exports slumping to just 74 million gallons in July, down 38 percent compared to the same month last year and the lowest total for July in six years. The escalation of trade barriers and the impacts of COVID-19 have caused year-to-date […]
In Washington, the US and Japan have come to an agreement on a limited trade agreement that will see staggered tariff elimination on US ethanol exports to Japan, among a host of other products. The rate of which the staggering will take place was not outlined in the announcement. Out of the $14.1 billion in […]
In Washington, D.C., U.S. Grains Council President and CEO Tom Sleight issued a statement on President Trump’s tariffs on Mexican imports, and said, “At such a critical time for U.S. farmers, new talk of tariffs on Mexican products challenges the complex relationship we have with the top international buyer of U.S. grains and related products. […]
In China, Platts reports that despite the higher tariffs on US undenatured ethanol imposed to counterbalance the latest round of tariffs in US President Trump’s trade war, the market doesn’t expect there to be much impact because the previous 65% tariffs had already closed any possible import window. The latest tariff increase announced this week […]
In Missouri, the University of Missouri’s Food and Agriculture Policy Research Institute (FAPRI) published an analysis update to its March 2018 U.S. Baseline Outlook for Agricultural and Biofuel Markets which shows that China’s tariffs are reducing U.S. soybean exports. The marketing year average (MYA) price for soybeans falls to $8.73 per bushel in 2018/19, the […]
In Indonesia, crude palm oil and its derivative products exports dropped for the first half of 2018 due to lower demand due to import tariffs. The Indonesian Palm Oil Producers Association Executive Director, Mukti Sardjono, told Xinhuanet that their data showed that the cumulative exports of the commodity by June edged off about 2 percent […]
In China, the trade war has begun as China responded on Friday to Trump’s latest trade tariffs with a proposed list of U.S. products they plan on targeting as well. The list includes 128 U.S. products, including ethanol, wine, fresh fruit, dried fruit and nuts, steel pipes and ginseng, according to a statement from China’s […]
