Reported about 14 hours ago
During President Lula's visit to China, Brazil secured agreements to export an ethanol by-product used in animal feed, aiming to challenge the U.S. market dominance as tensions between the two countries continue. The deal enhances Brazil's agricultural ties with China and comes as the nation increases its production of distillers dried grains (DDGs), which are crucial for livestock feed. This initiative marks a significant opportunity for Brazil to become a key supplier in the Chinese market, diversifying its trade partnerships.
Source: YAHOO