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During the past few years, the landscape for U.S. renewable diesel production has drastically changed, akin to the growth of ethanol and biodiesel during the past two decades. Driven by federal and state policies aimed at reducing emissions, this dramatic U.S. renewable diesel production and capacity growth is causing significant, market-altering shifts both domestically and to foreign feedstock trade.
Colombia is the largest South American market for U.S. agricultural products and the seventh-largest market for U.S. food and beverage exports globally. Since the U.S. – Colombia Trade Promotion Agreement (CTPA) was implemented in 2012, U.S. agricultural exports have grown by more than 235 percent to a record $3.7 billion in 2023.
Brazil is the fourth-largest export destination for U.S. agricultural and processed products in South America and depends on international suppliers to meet its demand for food processing ingredients, especially specialty products with high added value. These products offer significant opportunities for U.S. companies to supply Brazilian food manufacturers looking to meet the needs of a growing health-conscious consumer market.
Executive Summary Global fertilizer prices are at near record levels and may remain elevated throughout 2022 and beyond. Fertilizer prices account for nearly one-fifth of U.S. farm cash costs, with an even greater share for corn and wheat producers...
Chile remains the largest South American consumer-oriented market for U.S. exporters. Increasing wealth, lower barriers to entry, and the modern Chilean economy present opportunities for increased agricultural trade as COVID-19 restrictions and social-political tensions ease.
In the first quarter of 2021, U.S. soybean exports reached the second-highest value ever at $7.7 billion, nearly double the same period last year.
On June 28, 2019, the European Union became the first major partner to strike a trade agreement with the Southern Common Market (or MERCOSUR) countries of Argentina, Brazil, Paraguay, and Uruguay.
U.S. exporters who want to enter or expand in India’s market have an array of opportunities available due to the country’s growing population and increasing demand for food and agricultural goods.
Brazil’s consumers have a budding appetite for higher-value food products as the country’s economy recovers from a historic recession and its middle class grows.
The United States exported 836 million gallons of non-beverage ethanol in 2015, nearly all of which was used for fuel.
U.S. agricultural exports to South America nearly doubled in the past four years, reaching a record of more than $8 billion in calendar year 2014.
U.S. ethanol exports rebounded in 2014, with value and volume both up approximately 35 percent from the previous year, although still below the record set in 2011.