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Tidbits, Chinese Import, Cattle on Feed, Custom Farming Rates 7/26/25

Tidbits


Yesterday morning, the USDA announced the sale of:

  • 102,870 mts of new crop corn to Mexico

  • 140,000 mts of new crop corn to South Korea

  • 142,500 mts of new crop soybeans to Mexico

 

While the Chinese government has yet to issue an official statement, Chinese importers have reported to the USDA’s Foreign Agricultural Service that applications for the market-based tariff exclusion will no longer be accepted starting August 1. This includes products like grains, tree nuts, alcohol, leather, hides, and fruits.

 

Chinese importers also reported that all previously approved exclusions will be valid only until September 14. Although the process allowed some items outside the predefined list, it covered 696 tariff lines, of which around 150 applied to agricultural products.

 

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