The Brazilian arm of U.S. commodities trader Archer Daniels Midland Co. expects to move 1 million metric tons of soy and corn through its new terminal at the mouth of the Amazon in 2014, according to the head of South American operations.
Reese Ewing and Gustavo Bonato
December 16, 2013
WASHINGTON — The United States and Brazil reached agreement on April 6 for a negotiated settlement in the longstanding dispute over cotton in the World Trade Organization. The settlement will avoid Brazil imposing up to $820 million in retaliatory measures on U.S. products and eventually may allow Brazil to export more pork and beef to the United States.
Brazilian beef producer JBS S.A., the world's largest beef packer, and National Beef Packing Co. said today in a joint statement that they are dropping the deal.
February 20, 2009
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