Brazil Archives - Page 31 of 53

Five pork, five beef and three poultry plants will be built to help supply China’s appetite for meat. Photo: iStock/Getty Images

Brazil gets approval for 13 meatpacking plants for China exports

By GFM Network News November 12, 2019

Sao Paulo | Brazil | Reuters – Chinese authorities approved new Brazilian meat exporting plants on Tuesday, according to the Brazilian agriculture ministry, a highly anticipated move as the two nations continue to strengthen trade ties. The approvals come as China seeks to increase meat imports to compensate for the death of around half of […] Read more

Crops, Reuters, Soybeans

Brazil farmers push traders to end Amazon soy moratorium

By GFM Network News November 6, 2019

Sao Paulo | Reuters – Brazilian farmers plan to start a campaign next week to end a ban by trading firms on buying soybeans from parts of the Amazon rainforest cleared after 2008, leaders from a major farmer group told Reuters, citing support from President Jair Bolsonaro. The push to end traders’ voluntary “soy moratorium” — one […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soy prices to continue climbing

By GFM Network News October 16, 2019

MarketsFarm — Prices on the Chicago Board of Trade will probably continue to climb, especially for corn and soybeans, according to Scott Capinegro of Barrington Commodities. “The basis remains strong and when the basis is strong, as far as I am concerned, that means the futures should be strong,” he said. Although CBOT bids have […] Read more

Smoke billows during a fire in an area of the Amazon rainforest near Humaita, Amazonas State, Brazil on Aug. 14, 2019. (Photo: Reuters/Ueslei Marcelino)

Crops, Reuters, Weather

South America fires could disrupt its farm belt’s rainfall

By GFM Network News October 9, 2019

Santa Cruz | Reuters — Forest fires that swept across Bolivia and Brazil this year could disrupt rainfall distribution across South America’s grains-and-beef producing regions in unpredictable ways for years to come, a scientist and meteorologist said. Recent rains in both countries have helped put out the wildfires, which were likely started by farmers and […] Read more

File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)

Crops, Markets, Reuters, Spring Wheat

Brazil expected to introduce tariff-free wheat import quota from 2020

By GFM Network News September 3, 2019

Sao Paulo | Reuters — Brazil is expected to introduce a tariff-free wheat import quota of 750,000 tonnes per year starting from 2020, the president of the country’s wheat industry group Abitrigo, Rubens Barbosa, said on Tuesday. Brazil announced the opening of the tariff-free wheat import quota earlier this year in connection with President Jair […] Read more

Beef Cattle, Livestock, Reuters

Brazil’s JBS says it uses satellites to monitor cattle suppliers

By GFM Network News August 29, 2019

Sao Paulo | Reuters — The world’s largest meatpacker JBS SA is closely monitoring the origin of the cattle it buys in Brazil amid heightened concerns about environmental preservation and sustainable business practices, its CEO said Wednesday. Speaking at an industry event in Sao Paulo, JBS CEO Gilberto Tomazoni said the company is using satellite […] Read more

General, Reuters, Weather

As Amazon burns, Bolsonaro tells rest of world not to interfere

By GFM Network News August 22, 2019

Brasilia/Sao Paulo | Reuters — Amid growing international criticism over wildfires raging through the Amazon, Brazilian President Jair Bolsonaro on Thursday admitted farmers could be illegally setting the rainforest alight but told foreign powers not to interfere. French President Emmanuel Macron and United Nations Secretary General Antonio Guterres both took to Twitter to express their […] Read more

A slide is pictured behind members of the United Nations Intergovernmental Panel on Climate Change (IPCC) during a news conference on the Special Report on Climate Change and Land after IPCC’s 50th session in Geneva on Aug. 8, 2019. (Photo: Reuters/Denis Balibouse)

General, Reuters, Weather

UN flags need to reduce meat consumption to curb land use impact on global warming

By GFM Network News August 8, 2019

London/Geneva | Reuters — Global meat consumption must fall to curb global warming, reduce growing strains on land and water and improve food security, health and biodiversity, a United Nations report on the effects of climate change concluded. Although the report stopped short of explicitly advocating going meat-free, it called for big changes to farming […] Read more

Reuters

Bunge, BP team up for Brazil sugar and ethanol venture

By GFM Network News July 22, 2019

Sao Paulo | Reuters – U.S. commodities trader Bunge Ltd and British energy company BP Plc said on Monday they will merge their Brazilian sugar and ethanol operations to create the world’s third-largest sugarcane processor. The joint venture is the largest deal in Brazil’s bioenergy sector since Royal Dutch Shell joined forces with Cosan to […] Read more

A drone captured this file photo of cattle on pasture in Brazil’s Mato Grosso state. (JoseMoraes/iStock/Getty Images)

Beef Cattle, Livestock, Reuters

Brazil lifts suspension of beef exports to China

By Reuters, GFM Network News June 14, 2019

Sao Paulo | Reuters — Brazil’s government said Thursday it has lifted a suspension of beef exports to China after dealing with an atypical case of BSE, sending shares of Marfrig Global Foods, Minerva and other Brazilian meatpackers soaring. The suspension had been in effect since June 3 after a case was reported in a […] 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