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Chile's Cherry Boom and Brazil's Soybean Shift to China

9/26/2025

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Summary

Story summary

2023-24, Chile exported 413,000 tons of cherries worth $2.4B, with 90% to China.
Brazil redirected nearly 17 million metric tons of soybeans to China (75% of exports); US tariffs cut exports to the US by 18.5%, while exports to China rose about 30%.
United States Department of Agriculture (USDA) implements a three-point plan to support US farmers amid trade uncertainties.

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Story summary

2023-24, Chile exported 413,000 tons of cherries worth $2.4B, with 90% to China.
Brazil redirected nearly 17 million metric tons of soybeans to China (75% of exports); US tariffs cut exports to the US by 18.5%, while exports to China rose about 30%.
United States Department of Agriculture (USDA) implements a three-point plan to support US farmers amid trade uncertainties.