Brazil Archives - Page 13 of 53

CBOT weekly outlook: South America’s dry weather affecting soy complex

'We’re back to trading weather right now'

By GFM Network News December 15, 2022

MarketsFarm — The U.S. Department of Agriculture’s world agricultural supply and demand estimates (WASDE) report last week is taking a back seat to drought concerns in South America, according to a Chicago grains analyst. Terry Reilly from Futures International said Friday’s WASDE report had very little effect on the Chicago Board of Trade (CBOT), which […] Read more

A Panama-flagged bulk carrier, Ikaria Angel, leaves Ukraine’s port of Chornomorsk with wheat for Ethiopia on Sept. 17, 2022. (File photo: Reuters/Serhii Smolientsev)

Crops, Markets

CBOT weekly outlook: Renewed agreement puts pressure on corn, wheat

Soy trade focused on Brazil's crop potential

By GFM Network News November 23, 2022

MarketsFarm — A renewed agreement between Russia and Ukraine to allow the latter’s grain to be shipped out of the Black Sea has recently been putting pressure on corn and wheat prices at the Chicago Board of Trade (CBOT). Russia and Ukraine, with mediation from the United Nations and Turkey, agreed Nov. 17 to an […] Read more

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

By GFM Network News November 16, 2022

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

Corn, Markets, Reuters

Brazil moves closer to China corn exports as Beijing approves traders

By GFM Network News November 3, 2022

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, Reuters

Trucker blockades in Brazil increase in wake of Bolsonaro election loss

By GFM Network News October 31, 2022

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, Reuters

Nutrien buys expanded ag retail presence in Brazil

By Reuters, GFM Network News July 20, 2022

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

File photo of sunset over a wheatfield in Brazil. (Evandrorigon/E+/Getty Images)

Crops, Markets, Spring Wheat, Winter Wheat

Brazil seen adding wheat area, fewer acres in Argentina

By GFM Network News July 19, 2022

MarketsFarm — As farmers in Brazil plant more wheat this year, their counterparts in Argentina are cutting back on the amount of acres they plan to sow — although Argentina will still grow a great deal more wheat than Brazil. Dr. Michael Cordonnier of Soybean and Corn Advisor Inc. at Hinsdale, Ill. said one reason […] 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, Reuters

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

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

By Tom Polansek, GFM Network News May 11, 2022

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

A drought-hit cornfield at Nao-Me-Toque in Brazil’s Rio Grande do Sul state on Jan. 9, 2022. (Photo: Reuters/Diego Vara)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Traders look to skies for market guidance

By GFM Network News April 20, 2022

MarketsFarm — Much of the focus from the Chicago Board of Trade (CBOT) for the week ended Wednesday has shifted away from besieged Ukraine — and toward areas closer to home. Prices for nearby corn and soybean contracts rose over the past week due to weather-related rallies, but wheat prices held rangebound. The U.S. northern […] Read more

File photo of piglets at a hog operation in China. (KuLouKu/iStock/Getty Images)

Hogs, Livestock, Markets, Reuters

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

China's total Q1 pork imports down 64 per cent

By GFM Network News April 19, 2022

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

CFIA rejects beekeeper proposals on U.S. packaged bees

U.S. livestock: Cattle futures fall hard, hogs mixed

Alberta Crop Report: Scattered rains, crop conditions

GFM Network News