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Tag Archives brazil — page 13

File photo of a soybean plantation in Brazil. (Mailson Pignata/iStock/Getty Images)
Crops, Markets

Cordonnier stands pat on South American crop projections

La Nina 'is still out there,' analyst says

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MarketsFarm — At this point in the South American planting season it’s too early to get an accurate bead as to how much corn and soybeans will be grown in Brazil and Argentina, according to Dr. Michael Cordonnier of Soybean and Corn Advisor Inc. at Hinsdale, Ill. Cordonnier recently issued his latest estimates, keeping his […] Read more
Photo: Thinkstock
Markets

Brazil moves closer to China corn exports as Beijing approves traders

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Beijing/Sao Paulo | Reuters – Chinese customs updated its list of approved Brazilian corn exporters on Wednesday, a move a Brazilian agriculture official said could jumpstart sales of corn to the world’s second-largest economy. The approvals could reshape global trade flows and result in fewer sales for farmers in the United States, the world’s top corn supplier. […] Read more
Supporters of Brazil’s President Jair Bolsonaro block highway BR-060, during a protest against President-elect Luiz Inacio Lula da Silva who won a third term following the presidential election run-off, in Abadiania, Brazil, October 31, 2022. Photo: Reuters/Ueslei Marcelino
Markets

Trucker blockades in Brazil increase in wake of Bolsonaro election loss

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Sao Paulo | Reuters – Truckers who support Brazil’s outgoing President Jair Bolsonaro escalated their protests on Monday, blocking roads in 16 states in an action that could affect agricultural exports in one of the world’s top food producers. Bolsonaro lost Sunday’s election to leftist former President Luiz Inacio Lula da Silva, but has yet to concede […] Read more
Nutrien’s head office building in Saskatoon. (Liam O’Connor photo)
Crops

Nutrien buys expanded ag retail presence in Brazil

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Reuters — Top fertilizer maker Nutrien on Wednesday agreed to acquire Casa do Adubo S.A., as part of its ambitions to expand its Brazilian retail business. The deal marks Nutrien’s sixth acquisition in Brazil since 2019, when it set a strategic goal to build its market share in a country that is vital to feeding […] Read more
MGEX July 2022 spring wheat (candlesticks) with CBOT July 2022 wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Supply worries, weather spur rallies

Market awaits USDA world crop report; rains delay U.S. spring wheat plantings

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Chicago | Reuters — Chicago Board of Trade grain and soybean futures jumped on Wednesday, as traders uneasy about world supplies adjusted positions a day before the release of U.S. crop data. Concerns about poor global crop weather helped support gains, with MGEX spring wheat futures setting contract highs as rains prevent plantings in the […] Read more
File photo of piglets at a hog operation in China. (KuLouKu/iStock/Getty Images)
Livestock, Markets

China’s hog output recovers, drags on Brazil pork exports

China's total Q1 pork imports down 64 per cent

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Sao Paulo | Reuters — Brazilian pork exporters are grappling with a drop in volumes shipped to their main buyer, China, which has increased its pork meat production after an outbreak of African swine fever in 2018. ASF forced China to cull millions of hogs and increase imports. China continued to be Brazil’s top pork […] Read more
A drought-hit cornfield at Nao-Me-Toque in Brazil’s Rio Grande do Sul state on Jan. 9, 2022. (Photo: Reuters/Diego Vara)
Crops, Markets

Brazil’s changing conditions threaten corn crop

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MarketsFarm — Over the last three to four weeks growing conditions in Brazil have pulled a complete reversal — and that poses a serious threat to the country’s corn crop, according to Dr. Michael Cordonnier of Soybean and Corn Advisor Inc. The southern half of the country is now faced with wet conditions, while the […] Read more

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