A highway in Mato Grosso, Brazil. Each year, many highways in the state see high volumes of truck traffic as they move to get grains to port.

Road and rail investments considered in Brazil

Five exporters are considering a joint venture to tackle logjams that slow export deliveries

Sao Paulo | Reuters – The world’s big four agriculture traders and Brazilian rival Amaggi could make a joint bid to operate a road connecting Brazil’s grain belt to northern ports, while also considering an investment in a parallel railway, said the firm that conducted a study on the potential venture. Archer Daniels Midland Co. […] Read more

U.S. grains: Wheat posts steepest weekly decline in half a year

Chicago | Reuters — U.S. wheat prices fell on Friday and posted their steepest weekly decline since late August as technical selling and competitive global supplies pressured prices. Soybean and corn prices rose, rebounding from earlier losses, but gains were capped on concerns surrounding strong export competition. The most-active wheat contract on the Chicago Board […] Read more

Brazil health officials find glyphosate non-cancerous

Brasilia | Reuters — Analysts at Brazilian health agency Anvisa have determined that glyphosate herbicide does not cause cancer while recommending exposure limits as international pressure to reduce use of the chemical grows. Companies such as Bayer and its unit Monsanto, which produces glyphosate-based weedkillers, have faced legal challenges over allegations that glyphosate causes cancer. […] Read more

Brazil may raise farm subsidies despite belt-tightening

Brasilia | Reuters — Brazil could double spending on subsidized farm insurance in 2020 and may expand subsidized loans, the country’s agriculture policy secretary said on Thursday, even though the new government’s economic team has pledged to cut spending. The negotiations on next year’s farm subsidies highlight the powerful agribusiness lobby’s struggle to preserve benefits […] Read more