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Tag Archives south america


J.P. Morgan’s estimate puts the market cap of a combined Bunge and Viterra at around US$25 billion.
Crops, Markets

Bunge, Viterra merger would create global ag trading giant

Companies have some overlap in Canadian crushing

By Karl Plume June 1, 2023
Reuters — A merger of U.S. grains merchant Bunge Ltd. with rival Viterra would grow the combined entity’s businesses in the U.S., Brazil and Australia and may raise competition concerns […] Read more

CBOT March 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

CBOT weekly outlook: Wide array of factors affecting grain prices

Corn, soy see speculative profit-taking

By Adam Peleshaty February 23, 2023
MarketsFarm — Recent rains in parts of South America, as well as a correction in the markets, have paused rallies in corn and soybeans on the Chicago Board of Trade […] Read more

File photo of wild birds in flight over a lake in Uruguay. (Paz Roca/iStock/Getty Images)
Livestock

More South American nations report bird flu cases

Brazil still remains free of contagion

By Ana Mano, Maximilian Heath, Victor Borges February 15, 2023
Sao Paulo | Reuters — The confirmation of more bird flu cases in South America raised alarm bells in Brazil, which remains free of contagion even after its close neighbours […] Read more

(Qingwa/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Latest USDA adjustments do little to move market

Selling pressure short-lived after report

By Phil Franz-Warkentin February 8, 2023
MarketsFarm — Updated supply/demand estimates (WASDE) from the U.S. Department of Agriculture were neutral to slightly bearish for soybeans, corn and wheat, with latest numbers largely coming in line with […] Read more

ICE March 2023 canola with 20-day moving average (yellow line, right column) and Canadian dollar value in U.S. dollars (red line, left column). (Barchart)
Crops, Markets

ICE weekly outlook: March canola unchanged from last week

Loonie's relative strength seen as drag on values

By Adam Peleshaty February 8, 2023
MarketsFarm — The ICE Futures canola market was once again trading rangebound for the week ended Wednesday, as the March contract was left unchanged from one week earlier at $828.20. […] Read more


CBOT March 2023 soft red winter wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Wheat, soy, corn up on strong export report

South America crop progress limits corn, soy gains

By Mark Weinraub January 27, 2023
Chicago | Reuters — U.S. wheat, corn and soybeans jumped on Thursday on support from a government report that showed strong overseas demand for all three commodities, traders said. “We […] Read more

Farmer Ignacio Bastanchuri stands in a wheat field at Navarro in Argentina’s Buenos Aires province on Dec. 5, 2022. (File photo: Reuters/Agustin Marcarian)
Crops, Markets

CBOT weekly outlook: Soy, corn markets’ eyes on South America

Wheat market remains sensitive to Ukraine news

By Phil Franz-Warkentin January 18, 2023
MarketsFarm — Soybean and corn futures at the Chicago Board of Trade were boosted by last Thursday’s bullish supply/demand estimates from the U.S. Department of Agriculture, but attention has since […] Read more

CBOT March 2023 corn with 20-, 100- and 200-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, soy up off early declines on export data

Chicago wheat follows suit

By Julie Ingwersen January 17, 2023
Chicago | Reuters — Chicago Board of Trade (CBOT) corn and soybean futures rallied to multi-month highs on Tuesday as signs of export demand and follow-through support from last week’s […] Read more


CBOT March 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans ease on South American rainfall

Forecasts of freezing weather in U.S. Midwest support wheat; corn near even

By Christopher Walljasper December 22, 2022
Chicago | Reuters — Chicago soybean futures dropped on Thursday, pressured by South American forecasts for more rain which could relieve parched soy crops in Argentina. Corn and wheat weakened, […] Read more

CBOT March 2023 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat climbs on winterkill worries

Corn, soy firm on South American dryness

By Christopher Walljasper December 21, 2022
Chicago | Reuters — Chicago wheat futures climbed on Wednesday, as forecasts for temperatures well below freezing across the U.S. Midwest threatened winter crops heading into the holiday weekend. Corn […] Read more

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