Tidbits, Soybeans, Farm Typology, Crude Oil & India Tariffs 8/20/25
- Wright team
- Aug 20
- 5 min read
Tidbits
Flash sale: Yesterday morning the USDA reported the sale of 228,606 mts of new crop corn to Mexico.
U.S. soybean farmers, led by the American Soybean Association (ASA), urged President Trump in a Tuesday letter to secure a trade deal with China that delivers substantial U.S. soybean sales, warning of dire long-term consequences if China remains a major buyer of Brazil and delays purchases from the United States. China is the world’s largest soybean importer and it has not pre-purchased soybeans from the upcoming U.S. harvest, signaling strain amid ongoing talks and shift to Brazilian cargoes; ASA notes U.S. farmers face steep input costs and sinking prices, risking survival in a prolonged dispute.
Brazil’s antitrust authority CADE has given grain traders 10 days to suspend the “soy moratorium” or face hefty fines. A private 2000s deal barred buying soybean from farms clearing Amazon land after July 2008 to protect the rainforest, but a Brazilian court ruled it may violate competition law. CADE’s superintendent general, Alexandre Barreto de Souza, called for a full investigation into the moratorium signatories (ADM, Bunge, Cargill, Louis Dreyfus, Cofco and other processors) and stressed purchases of soybeans grown in the Amazon must follow national law and be independent of the moratorium’s criteria.
Want to read more?
Subscribe to wrightonthemarket.com to keep reading this exclusive post.
