United States Herbs, Spices & Seasonings insights

By Pepita Ortega, Francisco Carlos de Assis, and Gabriela Jucá Brasília, 11/20/2025 - President Luiz Inácio Lula da Silva stated this Thursday, the 20th, that he is "happy" because the President of the United States, Donald Trump, "has started to reduce" the surcharges imposed on Brazilian products. The statement was made right after Trump signed an executive order that removes the additional 40% tariff imposed on various Brazilian products - including coffee, beef, fruits, and lumber - amid advances in negotiations between the two countries. "Today I am happy, because President Trump has already started to reduce some of the taxes that had been imposed on some Brazilian products. And these things will happen as we manage to gain the respect of people," he stated, during the opening of the São Paulo Auto Show. Also attending the event were Vice President Geraldo Alckmin and Finance Minister Fernando Haddad, who were praised by Lula. The head of the Executive said he was lucky to ...

According to UCN statistics, the price for raw materials of 25 cm+ specifications is at $1,700 per ton, and Chinese processing factories are still purchasing. For the overseas market, all of Russia's and the U.S.'s PBO one-time frozen products in B season have been sold out, making China's two-time frozen products the only option on the market. From historical data, the current price of pollock is almost reaching the highest point in 20 years. In 2008, the price of pollock raw materials once rose to over $1,800 per ton, after which international demand began to collapse, and combined with the impact of the global financial crisis, the pollock market experienced a rather long period of downturn. Usually, with the increase in production from the Sea of Okhotsk, prices tend to drop towards the end of the year. However, the situation this year is quite special, and the price drop from the end of 2025 to 2026 may not be as significant as in previous years. For the raw material market in the first quarter of 2026, Russian suppliers are offering at $1,500 per ton (for large-volume contracts), while Chinese processing factories can only accept $1,400 per ton. Even if calculated as a compromise, at $1,450 per ton, it is still about 13% higher than the first quarter of this year. Overall, Chinese processing factories must once again raise the price of two-time frozen products to maintain basic operations. In October, the FOB average price for pollock two-time frozen blocks was $3,250 per ton (excluding 13.7% tariff), the price for Russian PBO was $3,500 per ton (excluding tax), and the price for U.S. PBO was $3,900 per ton.

An export of 8 tons 827 kilograms of honey from Ordu to the United Kingdom was carried out. In Ordu, 3,500 registered beekeepers, with a presence of 650,000 hives, provide livelihoods for approximately 10,000 families in the beekeeping sector. Honey produced by Ordu's traveling beekeepers in over 50 provinces is exported to countries such as European countries, the Netherlands, Germany, Belgium, the United Kingdom, the United Arab Emirates, Qatar, and the United States. The honey, packaged in the honey packaging facility operated by Balmer Company, which was established under the 'My Bee, My Honey, My Comb' project supported by a 10 million euro grant from the European Union and prepared by the Ordu Beekeeping Research Institute, was loaded onto trucks and set off to be exported to the United Kingdom. In his speech at the program, Akın Çiftçi, President of the Ordu Beekeepers Association, said they felt proud to bring the fruits of their labor to the international arena. Çiftçi ...