Mexico Opens Door to Brazil’s Rice. Corn Next?

Mexico turns to brazilian rice.

Want create site? Find Free WordPress Themes and plugins.

A move announced recently by Mexican diplomats may be a precursor of what could be happening in the coming months with the trading of major commodities involving the country’s trade war talks with the U.S.

The Mexican ambassador in Brazil, Eleazar Velasco Navarro, promised that he would allow rice imports from the South American country in an agricultural fair in Rio Grande do Sul. Rice growers associations in Brazil already give the entrance to the Mexican market as certain and say that only a “a few details lack.”

In 2015, Mexico harvested 158,350 tons of rice, which is 80.4% less than 30 years ago. In this period, consumption has grown from 850,000 tons to 1.1 million metric tons, with most imports coming from the U.S.

Mexico Opens Door to Brazil's Rice. Corn Next? Mexico Opens Door to Brazil's Rice. Corn Next? Brazil SouthAmerica MapBrazil is a major player in rice production with 11.8 million metric tons, while the U.S. produces over 8 milllion metric tons annually.

Also happening: Mexican authorities announced that lemon imports from Argentina are just “a step away” from being permitted, in another setback for U.S. farmers with an estimated 10,000 tons less of California lemons sent into Mexico.

For Mike Zuzolo, president of Global Analytics & Consulting, this topic will become hotter for grain observers in the next 30 days, especially until it is known how fast U.S. corn planting goes. In his opinion, Mexico is trying to show its cards in the case of the Trump administration imposing a border tax.

“My sense is that Mexico would like to have a plan of action ready in case the border import tax takes on a more serious tone from the Trump administration. However, I am of the view, as an analyst speaking to clients, that the blockage and resistance President Trump is feeling on health care is a good indication of how difficult it will be for him to move more aggressively against our trading partners,” Zuzolo told

Mexican analyst Alfonso García Araneda, general director of Gamaa Derivates in Mexico City, says it’s still important to know how big the South American crop will be in order to know if there will be imports of corn from Brazil or Argentina. “A massive harvest in South America, particularly from Brazil, added to the appreciation of the dollar will ease and reduce the cost of imports, since the Mexican peso has advaned 15.03% since January,” said Araneda.

Related Posts
The Candel Company Limited has rewarded farmers in the last stage of its Be A Millionaire Promo, derived from the Cleanfarms project, aimed at eliminating farm herbicides bottles and agrochemicals, ...
soya beans
U.S. farmers are taking advantage of a surge in soybean prices and have sold ahead up to half what they expect to harvest this year, as huge global supplies and ...
Ireland’s First Sale Of Genotyped Four And Five-Star Heifers To Take Place
Ireland’s first sale of genotyped four and five-star commercial breeding heifers will take place in Ballybay Mart next Saturday. The sale features an entry of 60 suckler-bred heifers with an average ...
Tourists storm Osun For Cocoa Festival
Tourists from different parts of the world who are partaking in the first cocoa festival in Africa have converged on the Eti-Oni, the ancient town in Osun State that pioneered ...
2017: NDE To Create Over 800,000 Job Through Agriculture
In line with the federal government’s diversification policy, the National Directorate of Employment (NDE) has said it hopes to create over 800, 000 jobs in the agricultural sector. The Directorate said ...
German Firm Touts Novel Tanker Conversion System
German machinery manufacturer Huesker has created a conversion system to transform a standard tipping trailer into a bulk liquid transport tanker. The firm says that this can be used for liquid ...
Chi Tola Roberts
Executive Director and founder of Women in Agricultural Advancement and Sustainability Africa (WAASA), Chi Tola Roberts, has called on the Federal Government to review the several policies and monitor the ...
Governor Darius Ishaku
Governors Darius Ishaku of Taraba State and Samuel Ortom of Benue state have reiterated that ranching is the only solution to resolve the recurring clashes between herdsmen and farmers that ...
•Young agripreneurs prepare to plant vegetables in their greenhouse
Agriculture is gaining prominence among the youth and helping to push the development agenda. It is also addressing a growing concern that youths are disenchanted with the enterprise. DANIEL ESSIET ...
Alhaji Muazu, an onion merchant at Kara onions market
Farmers in onion-producing areas of Wurno, Goronyo and Gada are having hard times as poor market hit the produce. A visit to the Kara onion depot in the Sokoto capital revealed ...
Farmers Get Reward In Candel’s Be A Millionaire
U.S. Farmers Race To Sell 2017 Soybeans Before
Ireland’s First Sale Of Genotyped Four And Five-Star
Tourists storm Osun For Cocoa Festival
2017: NDE To Create Over 800,000 Job Through
German Firm Touts Novel Tanker Conversion System
‘Regulatory Bodies Frustrating Agro Processing Value Chain’
Ishaku, Ortom Insist On Ranching As Solution To
Engaging Youths In Agriculture
Glut Hits Onion Farmers In Sokoto
Did you find apk for android? You can find new Free Android Games and apps.

Leave a Reply

Be the First to Comment!

Notify of