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Tidbits, S&D Estimates, More Tariffs, Farm Setup & Aid, Broilers & Ethanol 7/10/25

Tidbits


Estimates for USDA’s S&D to be released tomorrow at 10 AM Mountain Time:

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CONAB (Brazil’s USDA) later this morning will release its revisions for Brazil’s crop production estimates.

 

All products from Brazil imported to the U.S. will have a 50% tariff separate from Sectoral Tariffs (specific product tariffs), effective 1 August, as President Trump announced yesterday in an open letter to Brazil’s president. Brazil’s President Lula responded he will use the tariff reciprocity law versus the U.S.

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