Overview by AgriBrasilis (07/25/26 – 07/31/26)

Published on: July 30, 2026

The USA Imposed a 12.5% Tariff on Chilean Table Grapes, Blueberries and Other Fruit Exports

The Bank for Investment and Foreign Trade introduced a financing line for irrigation systems and solar panels, with repayment terms of up to ten years and financing available in Argentine pesos, USD or UVA [Purchasing Value Units, a financial unit indexed to official inflation]. Under the Medium-Sized Investment Incentive Regime, projects may also benefit from accelerated depreciation over one year for income tax purposes and early reimbursement of VAT credits [consumption tax] within three months, with no minimum investment requirement. VAT on electricity used for agricultural and industrial irrigation was reduced from 27% to 10.5%. (Secretariat of Agriculture; BICE)

Domestic wine sales in Argentina reached 61.27 million L in June of 2026, an increase of 5.8% when compared with the same month of 2025. Sales totaled 343.75 million L in the 1H26 (+0.8%). The Province of Mendoza recorded an 8.9% increase in June, while the Province of San Juan had a 36.8% decline. (National Institute of Viticulture – INV)

The Government intends to create a new Seeds Law and promote Argentina’s accession to the 1991 Act of the International Union for the Protection of New Varieties of Plants (UPOV 91). According to the National Seed Institute, the proposal should be developed through consensus with farmers, agricultural associations and the seed industry. No timetable has yet been established for submitting the proposal to Congress. (INASE; SRA)

Monitoring by the National Supply Company indicates vegetation indices above the historical average across most producing regions. Between July 1st and 21st, weather conditions favored winter crops and the harvesting of cotton and second-crop corn, although excessive rainfall increased the risk of losses in the State of Rio Grande do Sul. At the same time, the Company opened an electronic tender to hire companies to transport 16 thousand tonnes of corn from public stocks, with shipments departing from facilities in the States of Mato Grosso, Goiás, Minas Gerais, Sergipe and Maranhão, as well as the Federal District. The operation is part of Brazil’s Minimum Price Guarantee Policy. (Conab)

The Customs General Administration of China made available the sanitary certificate required for Brazilian exports of frozen fruit and fruit pulp. Interested establishments may now apply for registration through the China Import Food Enterprise Registration system. The authorization creates opportunities for processors, cooperatives and exporters of products including açaí, mango, guava, pineapple and passion fruit. (MAPA)

Brazil recorded 41 irregular invasions of farms through June of 2026, according to monitoring by the Confederation of Agriculture and Livestock. The State of Pernambuco accounted for 12 cases. The Agricultural Parliamentary Front supports a package of bills that would increase penalties, restrict access to social benefits and subsidized credit for participants in land invasions and create additional mechanisms to protect property rights. The Lower House of Congress also established a subcommittee to examine land conflicts, land tenure regularization and the criteria governing the Agrarian Reform policy. (CNA; FPA)

The State of Mato Grosso expected to harvest a record 57.06 million tonnes of corn in the 2025/26 season, an increase of 2.92%, according to the State of Mato Grosso Institute of Agricultural Economics. As of July 24th, 90.66% of the planted area had been harvested. Despite the ample supply, increased purchases by the corn ethanol industry have helped limit downward pressure on prices. Cotton harvesting reached 13.11% of the planted area, 7.86 percentage points below the five-year average. Rainfall in June delayed fieldwork and led to reports of reduced fiber quality, although yields were not significantly affected. (IMEA)

The National Institute of Meteorology renewed the red alert for severe storms in the State of Rio Grande do Sul. The warning covers the northern half of the State, the Central Region, the mountain region and the metropolitan area, with rainfall exceeding 60 millimeters/h or daily totals above 100 mm, as well as winds that may surpass 100 km/h. The conditions increase the risk of flooding, river overflows, landslides and damage to agricultural areas. (Inmet)

Exporting companies and key industrial sectors are covered by the recently enacted Law 15473/26, which provides financing lines to mitigate the impact of tariffs imposed by the US on Brazilian products. The law authorizes up to US$ 2.95 billion in financing, with the possibility of an additional US$ 2.65 billion. (Agência Senado)

The agricultural machinery sector saw a 21.3% decline in sales in the 1H26 compared to the same period the previous year, but showed a 17% improvement in exports. (Abimaq)



The USA has imposed a 12.5% tariff on some Chilean products, particularly affecting the fruit sector, which generates approximately US$3.5 billion per season. (USTR; Minrel)

The flower industry in Colombia is facing one of the most severe crises in history, pressured by the appreciation of the Colombian peso, an increase of more than 40% in costs and a 60% decline in revenue, according to the Colombian Association of Flower Exporters. The new 12.5% tariff imposed by the USA could have an annual impact of approximately US$ 220 million. The sector exports almost US$ 1.4 billion/year, with 80% of shipments destined for the US market. The industry supports approximately 200 thousand formal direct jobs, some of which are already at risk due to companies’ financial difficulties. (Asocolflores)

Trade with Ecuador has resumed with the import of 30 thousand tonnes of rice, following the closure of the land crossing since February amidst trade tensions, tariffs and restrictions imposed on agricultural products such as rice and bananas. The reopening was facilitated by the Andean Community (CAN). (Minagri)

The Ministry of Agriculture is launching “AgroProtege,” a new rural insurance program designed to help small and medium-sized farmers mitigate losses caused by weather events, natural disasters, pests and diseases. The program is expected to assist 80 thousand farmers, covering 215 thousand hectares and 97 thousand head of cattle, with an investment of US$ 17.8 million over three years. The initial phase is set to subsidize 4,820 farmers and 15 thousand hectares. (Minagri)

The Ministry of Rural Development presents results from the “Financing that Boosts the Countryside” project, a rural credit program that distributed approximately US$ 34.3 million for infrastructure and working capital to small and medium-sized farmers. The outlook is for this financing to increase to US$ 51.5 million by the end of 2026. (GCMA; SDR)



Farmers and representatives from Agricultural Coordination of Paraguay are seeking to step up preparations for the El Niño weather phenomenon, which is expected to intensify between August and October, soybean planting. Adjusting field contour lines, implementing water drainage projects, calibrating planters and purchasing inputs in advance are recommended as measures against the heavy rainfall forecast for the Eastern Region. (CAP)

Camposol launched the 2026/27 blueberry export season to China with the opening of the first container at the Gaobeidian International Agricultural Market. The agribusiness company also introduced the Chinese brand Kai Péi Guǒ as part of the strategy to expand the commercial presence and brand recognition in the Asian market. (Camposol)

The International Finance Corporation is considering a US$ 400 million financing package for Fruitist, formerly Agrovisión, for the company’s operations in Peru. The funds should finance investments, working capital, debt refinancing and the replacement of conventional blueberry varieties with higher-value varieties in Olmos and Mórrope. The proposal consists of US$ 100 million from IFC and up to US$ 300 million mobilized from banks and other financial institutions. The transaction is pending approval. (IFC)

San Miguel secured financing of up to US$ 81 million from IDB Invest, IFC and Rabobank for an investment program in Argentina and Uruguay between 2025 and 2027. The company, the world’s largest lemon processor, will use the funds to expand the production of higher-value citrus ingredients, including essential oils, concentrated juices and other derivatives, as well as to refinance existing liabilities. (IDB Invest; IFC; Rabobank)



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