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Brazil to export record pork, poultry in 2020

  • : Agriculture, Fertilizers
  • 19/12/12

Brazil's pork and poultry exports are expected to rise in 2020 as an extended outbreak of African Swine Fever (ASF) in China pushes demand from that country higher.

Brazilian pork shipments are poised to increase by 15-20pc in 2020 to an 850,000-900,000 metric tonnes (t) record, Brazil's pork and poultry exporters association (ABPA) said today. It does not exclude a volume even larger depending on China's appetite.

The Asian country imported 51pc more Brazilian pork between January-November this year versus the same period in 2018, taking the leadership among the main importers. The higher imports come after a series of authorizations for Brazilian plants to export.

China has been dealing with an ASF outbreak since last year that is expected to affect around half of its pig herd. The nation may take five years to restore its pork supply and has been boosting imports to make up for this domestic disruption.

Other types of meat have been in high demand as well, such as poultry.

ABPA forecasts that Brazil will ship between 3-6pc more poultry next year in comparison to 2019, reaching a record of 4.3-4.5mn t.

ABPA sees Brazil's pork output totaling around 4.2mn t in 2020, up to a 4pc increase year on year. Brazilian poultry production was pegged at 13.6-13.7mn t next year, up by 4-5pc.

Brazilian pork and poultry producers may face higher production costs next year as corn prices remain high in many regions of the country as 2019 was marked by strong demand and record exports.

ABPA does not see a domestic corn shortfall but mentioned that some companies have contracted imports of the grain for delivery between January-June next year because of more attractive foreign prices compared to the local market.

By José Roberto Gomes


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25/04/11

Malaysia sets new haulier limits at Port Klang

Malaysia sets new haulier limits at Port Klang

Singapore, 11 April (Argus) — The Association of Malaysian Hauliers (AMH) — under the transport ministry's directive — hasset operational weight limitson hauliers operating at port Klang effective from 1 May, possibly raising logistical costs for some fertilizer importers. The majority of haulier equipment used at port Klang has a maximum capacity of 38,000kg (38t), and the AMH has set a verified gross mass (VGM) weight limit of 25,000kg (25t). This results in trailers of 20ft and 40ft having a VGM limit of 25,000kg (25t), while side loaders will be imposed a VGM limit of 22,000kg (22t). These new weight limits could increase logistical costs for fertilizer importers, especially those using side loader hauliers, according to one fertilizer importer. Importers could previously load around 24-25t of product, but imposing a weight limit would mean that importers using side loader hauliers must pay for more containers for the same cargo size. Importers typically use side-load hauliers if they are importing large volumes of product, as it is more efficient. But this new regulation is unlikely to affect urea fertilizers as the typical volume for a urea cargo is usually around 21t, the importer said. The limits would more likely impact the loadings of fertilizers like phosphates, NPKs and potash. One NPK producer indicated that this could raise their import costs for incoming cargoes at port Klang by around 10pc. Some Malaysian importers have also indicated that they only ship cargoes in 25t containers and they would not be affected, as the policy is only limited to port Klang and 24t containers. Others have filed complaints to the port Klang authorities and are expecting to receive more feedback next week. By Dinise Chng Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

New tariffs could upend US tallow imports: Correction


25/04/10
25/04/10

New tariffs could upend US tallow imports: Correction

Corrects description of options for avoiding feedstock tariffs in 12th paragraph. Story originally published 3 April. New York, 10 April (Argus) — New US tariffs on nearly all foreign products could deter further imports of beef tallow, a fast-rising biofuel feedstock and food ingredient that had until now largely evaded President Donald Trump's efforts to reshape global trade. Tallow was the most used feedstock for US biomass-based diesel production in January for the first month ever, with consumption by pound rising month to month despite sharp declines in actual biorefining and in use of competing feedstocks. The beef byproduct benefits from US policies, including a new federal tax credit known as "45Z", that offer greater subsidies to fuel derived from waste than fuel derived from first-generation crops. Much of that tallow is sourced domestically, but the US also imported more than 880,000t of tallow last year, up 29pc from just two years earlier. The majority of those imports last year came from Brazil, which until now has faced a small 0.43¢/kg (19.5¢/lb) tariff, and from Australia, which was exempt from any tallow-specific tariffs under a free trade agreement with US. But starting on 5 April, both countries will be subject to at least the new 10pc charge on foreign imports. There are some carveouts from tariffs for certain energy products, but animal fats are not included. Some other major suppliers — like Argentina, Uruguay, and New Zealand — will soon have new tariffs in place too, although tallow from Canada is for now unaffected because it is covered by the US-Mexico-Canada free trade agreement. Brazil tallow shipments to the US totaled around 300,000t in 2024, marking an all-time high, but tallow shipments during the fourth quarter of 2024 fell under the 2023 levels as uncertainty about future tax policy slowed buying interest. Feedstock demand in general in the US has remained muted to start this year because of poor biofuel production margins, and that has extended to global tallow flows. Tallow suppliers in Brazil for instance were already experiencing decreased interest from US producers before tariffs. Brazil tallow prices for export last closed at $1,080/t on 28 March, rising about 4pc year-to-date amid support from the 45Z guidance and aid from Brazil's growing biodiesel industry, which is paying a hefty premium for tallow compared to exports. While the large majority of Brazilian tallow exports end up in the US, Australian suppliers have more flexibility and could send more volume to Singapore instead if tariffs deter US buyers. Export prices out of Australia peaked this year at $1,185/t on 4 March but have since trended lower to last close at $1,050/t on 1 April. In general, market participants say international tallow suppliers would have to drop offers to keep trade flows intact. Other policy shifts affect flows Even as US farm groups clamored for more muscular foreign feedstock limits over much of the last year, tallow had until now largely dodged any significant restrictions. Recent US guidance around 45Z treats all tallow, whether produced in the US or shipped long distances to reach the US, the same. Other foreign feedstocks were treated more harshly, with the same guidance providing no pathway at all for road fuels from foreign used cooking oil and also pinning the carbon intensity of canola oil — largely from Canada — as generally too high to claim any subsidy. But tariffs on major suppliers of tallow to the US, and the threat of additional charges if countries retaliate, could give refiners pause. Demand could rise for domestic animal fats or alternatively for domestic vegetable oils that can also be refined into fuel, especially if retaliatory tariffs cut off global markets for US farm products like soybean oil. There is also risk if Republicans in the Trump administration or Congress reshape rules around 45Z to penalize foreign feedstocks. At the same time, a minimum 10pc charge for tallow outside North America is a more manageable price to pay compared to other feedstocks — including a far-greater collection of charges on Chinese used cooking oil. And if the US sets biofuel blend mandates as high as some oil and farm groups are pushing , strong demand could leave producers with little choice but to continue importing at least some feedstock from abroad to continue making fuel. Not all US renewable diesel producers will be equally impacted by tariffs either. Some tariffs are eligible for drawbacks, meaning that producers could potentially recover tariffs they paid on feedstocks for fuel that is ultimately exported. And multiple biofuel producers are located in foreign-trade zones, a US program that works similarly to the duty drawbacks, and have applied for permission to avoid some tariffs on imported feedstocks for fuel eventually shipped abroad. Jurisdictions like the EU and UK, where sustainable aviation fuel mandates took effect this year, are attractive destinations. And there is still strong demand from the US food sector, with edible tallow prices in Chicago up 18pc so far this year. Trump allies, including his top health official, have pushed tallow as an alternative to seed oils. By Cole Martin and Jamuna Gautam Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Egypt’s NCIC issues fertilizer sales tender


25/04/10
25/04/10

Egypt’s NCIC issues fertilizer sales tender

London, 10 April (Argus) — Egyptian producer NCIC has issued a tender to sell various fertilizers for loading in May, closing on 15 April. NCIC is offering the following products: 15,000t of DAP — it sold 30,000t at $647-650/t fob in its 24 March tender for shipment to India, likely in May 15,000t of TSP — it sold 15,000t at $495-503/t fob in its 24 March tender 30,000t of 19pc SSP — it sold 10,000t at $213-215/t fob in its 24 March tender 10,000t of CAN27 — it sold 12,000t at $300-305/t fob in its 24 March tender 5,000t of granular urea 1,500t of water-soluble SOP — it sold 1,500t at $555-560/t fob bagged in its 24 March tender, significantly lower than $580-590/t fob bagged in its 26 February tender NCIC had offered the fertilizers sold in its 24 March tender for loading in April. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

India’s DOF proposes additional phosphate subsidies


25/04/10
25/04/10

India’s DOF proposes additional phosphate subsidies

London, 10 April (Argus) — India's Department of Fertilizers (DOF) has proposed additional subsidies on DAP and imported TSP for the April-September Kharif season, according to a document seen by Argus . The proposed compensations are on top of the current nutrient-based subsidy (NBS) and the 3,500 rupees/t special additional subsidy (other costs) on DAP that are already in place. If approved, they would balance DAP importers' losses at current rates. The DOF has proposed returning to DAP importers and producers 4pc of the maximum retail price (MRP), plus a rebate on the goods and services tax (GST) on the MRP. The DOF also has suggested paying importers the difference between the cfr prices for cargoes imported during this Kharif season and the average cfr price for DAP imports over the October 2024-March 2025 Rabi season. At current exchange rates, this would add $81-82/t to the subsidy on DAP imported in the mid-$670s/t cfr, broadly equal to the losses currently faced by importers. Importers buying DAP in the mid-$670s/t cfr are facing losses of about $84/t, given the US dollar/rupee exchange rate, the MRP of Rs27,000/t, the NBS of Rs27,799/t and the special additional subsidy of Rs3,500/t. The 4pc return on the MRP, plus GST, will fall slightly short of covering the $33/t losses incurred by DAP producers importing phosphoric acid at $1,153/t P2O5 cfr and ammonia at $350/t cfr. Producers making DAP with 30-31pc P2O5 phosphate rock imported at $153/t cfr, sulphur received at $300/t cfr and ammonia delivered at $350/t cfr already are making profits of about $50/t. But they also would still receive the 4pc MRP return and GST rebate. The same proposal applies to imported TSP. The DOF suggests paying 4pc of the Rs25,000/t MRP, and the GST, plus the increase from the average Rabi import cost to importers. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Mexico inflation quickens in March


25/04/09
25/04/09

Mexico inflation quickens in March

Houston, 9 April (Argus) — Mexico's consumer price index (CPI) quickened to an annual 3.8pc in March, with price spikes in beef, housing and tourism offsetting easing in energy and produce prices. The index increased for a second consecutive month after accelerating from 3.77pc in February off a four-year low of 3.59pc in January. It nevertheless held for a seventh consecutive month within the central bank's long-term target range of 2pc to 4pc. The result, reported by statistics agency Inegi Wednesday, was in line with the median estimate of analysts polled in Citi Research's 7 April survey. Core inflation, which excludes volatile energy and food, slowed to an annual 3.64pc in March from 3.65pc the prior month. Non-core inflation accelerated to 4.16pc from 4.08pc, driven by a 4.9pc gain in agricultural. Annual inflation for the meat, egg and fish component of CPI slowed to 9pc in March from 10.53pc in February, as egg prices began to recover from bird flu contamination. Energy inflation eased to an annual 2.72pc in March from 3.74pc in February and 6.34pc in January following an agreement between President Claudia Sheinbaum and gasoline dealers to cap low-grade fuel at Ps24 per liter ($4.49/gallon). For the month, headline CPI ticked up by 0.31pc in March after a 0.28pc gain the prior month. Core prices were up by 0.43pc for the month, and non-core prices fell by 0.08pc from the prior month. Beef was a big driver for the monthly uptick in inflation, with prices up by 3.26pc in March from the prior month. Despite the higher headline rate, Mexican bank Banorte said the inflation trend remains mostly favorable with short-term climate conditions suggesting fruit and vegetable prices likely less volatile in coming months than the same time last year. Banorte also noted stability in Mexico's core inflation, and expects the central bank to issue its third half-point cut of 2025 to its target interest rate 15 May, lowering the rate to 8.5pc from 9pc. By James Young By James Young Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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