Supply Chain Research

The Mexican government will hold talks with Brazil in the next few days to improve agricultural trade between the two countries, according to Brazilian Agriculture Minister Blairo Maggi. One early area of agreement may be Brazilian rice exports. That would fit with the Mexican government’s strategy to diversify its food supplies away from the U.S. ahead of NAFTA negotiations. Panjiva data shows Mexico bought 86% of its rice imports from the U.S. in the past 12 months. Brazilian exports fell 20% on a year earlier in the past quarter as a result of a 39% drop in sales to Peru. It has alrea...