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Tag Archives brazil


A soybean field north of St. Adolphe, Man. on Sept. 17, 2023. (Dave Bedard photo)
Crops, Markets

CBOT weekly outlook: The three main factors affecting soybeans

'Here at $13.60, we're 70 cents overpriced'

By Adam Peleshaty November 23, 2023
MarketsFarm — Soybean prices on the Chicago Board of Trade (CBOT) are being pulled by three main factors, according to a trader. Ryan Ettner from Allendale Inc. in McHenry, Ill. […] Read more

CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Chicago soybeans rise on Brazil’s weather woes

Wheat up more than two per cent on Russian strike in Ukraine; corn finishes slightly higher

By brendan-obrien November 22, 2023
Chicago | Reuters — U.S. soybean futures ended higher on Tuesday as Brazil’s torrid, crop-threatening weather conditions remained a prime worry for the market, despite rains over the last couple […] Read more

CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: CBOT soybeans jump after insufficient Brazil rains

Wheat down more than one per cent

By brendan-obrien, Reuters November 20, 2023
Chicago | Reuters — Chicago soybean futures rose two per cent on Monday, supported by brutally hot weather in Brazil that is likely to continue to stress crops despite some […] Read more

Photo: Canstock
Crops, Markets

ICE weekly outlook: Funds in control of market – for now 

Spec funds were keeping a close eye on the weather in Brazil says analyst

By Glen Hallick November 15, 2023
With a record short position in canola, managed money is largely in control of the market according to analyst Wayne Palmer of Exceed Grain in Winnipeg.

JBS signage at Greeley, Colorado. (JBS.com.br)
Livestock, Markets

Third-quarter profit plunges for JBS

Low U.S. pork prices, beef margins and global chicken glut cited

By Ana Mano November 13, 2023
Sao Paulo | Reuters — JBS SA, the world’s biggest meatpacker, reported an 86 per cent drop in third-quarter net income compared to a year ago on Monday, sliding to […] Read more


CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Chicago soy soars on Chinese buying, Brazilian weather

Corn futures rise on U.S. sales to Mexico

By brendan-obrien November 13, 2023
Chicago | Reuters — Chicago soybean futures sharply rallied on Monday on Chinese demand and scorching heat in Brazil, where farmers are expected to face crop-stressing temperatures over the next […] Read more

CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans spike on China demand, Brazil weather

Wheat rallies on Argentina outlook

By brendan-obrien November 8, 2023
Chicago | Reuters — Chicago soybean prices rallied to a two-month high on Wednesday, after the U.S. Department of Agriculture confirmed a Reuters report that China booked its largest single-day […] Read more

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

Brazil’s second corn crop facing delays

Acres either too dry or too wet for planting

By Glen Hallick November 8, 2023
MarketsFarm — There remained little doubt that Brazil’s corn safrinha (second) crop will be smaller than initially anticipated, according to Dr. Michael Cordonnier of Soybean and Corn Advisor Inc. He […] Read more


CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Chicago soybeans climb as China pushes demand

December wheat up, corn down

By brendan-obrien November 3, 2023
Chicago | Reuters — U.S. soybean futures rose on Thursday after China said imports will likely stay high as it sets an all-time record for purchases of the crop this […] Read more

CBOT December 2023 soft red winter wheat with 20-day moving average, MGEX December 2023 hard red spring wheat (yellow high/low/close) and K.C. December 2023 hard red winter wheat (orange HLC). (Barchart)
Crops, Markets

U.S. grains: Wheat down on supply concerns, soft demand

K.C., MGEX wheats also set contract lows; corn, soy up

By brendan-obrien October 31, 2023
Chicago | Reuters — U.S. wheat futures fell across the board on Tuesday on soft demand and as supply concerns weakened in the Southern Hemisphere, while soybean futures pushed higher […] Read more

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