Brazil Archives - Page 26 of 53

CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn futures fall after hitting 14-month high

Rains expected to benefit wheat crops; traders watch China to buy more U.S. corn, soy

By GFM Network News October 28, 2020

Chicago | Reuters — Chicago Board of Trade corn futures ended lower on Tuesday after reaching their highest prices in more than a year on strong U.S. export demand. Soybean futures backpedaled after hitting their highest price since July 2016 on Monday. Wheat also slumped. Profit-taking weighed on corn after prices initially rose on a […] Read more

CBOT November 2020 soybeans with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Soybeans, Winter Wheat

CBOT weekly outlook: After October rally, November ‘is for bears’

By GFM Network News October 27, 2020

MarketsFarm — Commodities on the Chicago Board of Trade (CBOT) have seen a counter-season rally, with a correction expected in the near future. “Markets are definitely overbought,” said Scott Capinegro of Barrington Commodity Brokers in Barrington, Ill. “It’s harvest and we’re still rallying.” World weather conditions are part of the driving force behind the rally, […] Read more

CBOT December 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Dry soils push Chicago wheat higher

CBOT corn, soy futures also rise

By GFM Network News October 19, 2020

Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures firmed on Monday, hitting almost six-year highs, on concerns about dry conditions across key global growing areas, traders said. But gains were limited as investors stood by after prices have rallied 8.6 per cent so far this month. “The market is just […] Read more

CBOT December 2020 wheat with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: CBOT wheat hits 2014 high on global crop concerns

Soybean futures retreat from gains

By GFM Network News October 16, 2020

Chicago | Reuters — U.S. wheat futures surged to their highest prices in nearly six years on Friday as dry weather in key growing regions around the world fueled supply concerns. Corn futures ended lower, after touching a 14-month high on prospects for hefty sales to China, and soybeans also slumped. Traders are keeping a […] Read more

Crops, Reuters, Spring Wheat, Winter Wheat

Brazil millers oppose sale of GMO wheat

Importing costs would rise, Abitrigo says, as Argentina approves new wheat

By Reuters, GFM Network News October 14, 2020

Sao Paulo | Reuters — Brazilian wheat millers association Abitrigo opposes the approval of genetically modified wheat products for sale in Brazil, saying it will make imports of the cereal more costly and impact prices on the domestic market. The statement comes after Argentine authorities approved a new genetically modified wheat that can resist drought […] Read more

File photo of a wheat crop in Argentina. (Gracieross/iStock/Getty Images)

Crops, Markets, Spring Wheat, Winter Wheat

Argentina approves drought-tolerant GM wheat

Variety would need Brazil approval before going commercial

By MarketsFarm Team, GFM Network News October 9, 2020

MarketsFarm — Argentina has become the first country in the world to approve cultivation and consumption of a genetically modified wheat variety, the country’s National Commission for Science and Technology (CONICET) announced Thursday. “This is the first approval in the world for drought-tolerant genetic transformation in wheat,” CONICET said in a statement. Argentina is the […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Dry weather pushes CBOT wheat, soy to multi-year peaks

Chicago corn also rallies

By GFM Network News October 6, 2020

Chicago | Reuters — U.S. wheat and soybean futures jumped to multi-year highs on Tuesday, supported by concerns about dry weather in key production areas, traders said. Corn futures hit their highest level in 8-1/2 months, joining in the rally as the U.S. harvest pace fell below expectations despite ideal weather for field work. But […] Read more

CME October 2020 live cattle with Bollinger (20,2) bands. (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Live cattle gain as slaughter rates, beef exports rise

October lean hogs up three-quarters of a cent

By GFM Network News August 13, 2020

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures continued to rally Thursday, holding to a nearly six-month peak in prices, as exports to China also grew, traders said. China was a big buyer of U.S. beef in the latest week, with sales of 1,927 tonnes for the period through Aug. 6, the most […] Read more

Reuters

JBS invests $19-million in safety measures amid COVID-19 pandemic

By GFM Network News July 30, 2020

Sao Paulo | Reuters –Brazilian food processor JBS SA has invested more than 100 million reais ($19.3 million) in health, safety and contingency measures at all its Brazilian production units, according to a Wednesday company statement that comes as the novel coronavirus continues to ravage local meat plants. The company said the funds were invested […] Read more

Bayer’s cross symbol hangs in a terminal at Frankfurt International Airport. (Typhoonski/iStock Editorial/Getty Images)

Crops, Machinery, Reuters, Weather

Bayer launches carbon capture pilot for U.S., Brazilian farmers

Chem and seed firm expects to expand plan to other countries

By GFM Network News July 22, 2020

Chicago | Reuters — Bayer launched a pilot program in the United States and Brazil on Tuesday that will pay farmers for capturing carbon in cropland soils, making it the latest agriculture company to capitalize on environmental initiatives. The company seeks to enroll about 1,200 row crop growers in its Bayer Carbon Initiative in the […] Read more

Alberta Crop Report: Higher-than-average yields expected

U.S. livestock: Tight cattle supply helps CME futures rebound from collapse

U.S. grains: Soy futures post weekly loss on expectations for big U.S. crop

GFM Network News