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Bolivian Market Now Open to U.S. Red Meat

According to the USDA Food Safety and Inspection Service’s new Export Library entry for Bolivia, U.S. meat and meat products produced in the U.S. are eligible, along with casings derived from livestock slaughtered under inspection in the United States.
 
 
All federally inspected plants are eligible for export, but USMEF is seeking information on the specific company and product registration details for Bolivia.
 
Last year Bolivia reported beef imports of 1,831 metric tons (mt), mainly from Brazil along with small volumes from Argentina. Imports were valued at $2.6 million. Pork imports, which were almost entirely from Brazil, totaled 443 mt valued at about $1 million.
 
Bolivia’s imports of sausages, which are mainly from Brazil, totaled more than 5,000 mt in 2016 (valued at $5.7 million, suggesting low-cost poultry sausages might account for most of the trade) but were reported at just 446 mt last year, valued at $474,000. Bolivia also imports prepared beef products from Brazil (1,422 mt in 2019, valued at $1.7 million) and small volumes of prepared pork products.
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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

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USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.