Brazil Archives - Page 37 of 53

ADM ramps up ethanol sales in Chicago, irking rivals

By Michael Hirtzer, GFM Network News September 12, 2018

New York/Chicago | Reuters — Archer Daniels Midland has sold unusually high volumes of ethanol into the Chicago market since late last year as export markets dried up, driving down prices in the U.S. Midwest and angering the company’s rivals, according to traders and regulatory data. The Illinois-based global commodities powerhouse, a major ethanol producer, […] Read more

A soybean plantation in Brazil. (MailsonPignata/iStock/Getty Images)

Crops, Reuters

Brazilian court overturns ban on glyphosate

By GFM Network News September 4, 2018

Brasilia | Reuters — A Brazilian court on Monday overturned an injunction banning products containing the herbicide glyphosate, knocking down a previous ruling that had been set to disrupt the soy planting season set to begin this month. A Brazilian judge ruled last month to halt the registration of new glyphosate-based products in the country […] Read more

Crops, Markets, Reuters

U.S. grains: Markets rise on corn export demand, crop worries

By GFM Network News July 19, 2018

Chicago | Reuters — U.S. grain futures rose on Thursday on strong demand for corn and worries that harvests may be smaller than expected due to unfavourable global weather. Soybean futures shook off early losses to end higher despite concerns about the ongoing trade battle with China, the world’s top buyer of the oilseed. Last […] Read more

Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)

Crops, Markets, Reuters, Weather

U.S. grains: Markets set one-week highs on export hopes, weather woes

By GFM Network News July 18, 2018

Chicago | Reuters — U.S. grain and soybean futures touched their highest prices in about a week on Wednesday, as agricultural markets stabilized following recent drops to contract lows. Hopes for increased U.S. commodity export demand helped support soy prices after the market fell to a 10-year low on Monday amid widespread concerns about the […] Read more

Crops, Reuters, Soybeans

Brazil judge orders Monsanto to deposit royalties related to GMO seed

By GFM Network News July 4, 2018

Sao Paulo | Reuters — A Brazilian judge has ordered local units of Monsanto to put royalties related to a GMO soy seed technology in an escrow account, in a decision likely to hinder the U.S. seed company’s ability to collect royalties from the business. The July 3 ruling relates to a patent dispute between […] Read more

Livestock, Reuters

Ex-JBS chair Batista charged with corruption

By Reuters, GFM Network News June 25, 2018

Brasilia | Reuters — Brazilian federal prosecutors on Monday charged JBS SA shareholder Joesley Batista, another senior executive of the meatpacking company and a former federal prosecutor with corruption. The charges against Batista, former executive Francisco Assis and former federal prosecutor Marcello Miller were filed before a federal court in Brasilia, prosecutors said in a […] Read more

(Ablokhin/iStock Editorial/Getty Images)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: U.S./China trade uncertainty weighs on soy

By GFM Network News June 6, 2018

CNS Canada — Trade uncertainty between China and the U.S., along with good U.S. growing conditions, is pressuring the soybean market on the Chicago Board of Trade (CBOT). During the week ended Wednesday, the July CBOT soybean contract dropped about 30 cents to $9.9425 per bushel (all figures US$). “The trade uncertainty is a major […] Read more

General, Markets, Reuters

Chickens culled as Brazil truckers disrupt commodity exports

By GFM Network News May 29, 2018

Sao Paulo | Reuters — Striking truckers in Brazil have disrupted supply and exports of farm produce from one of the world’s agricultural commodity powerhouses. Brazil is the top global exporter of soybeans, sugar, coffee and chickens. The strike over high fuel prices has paralyzed Latin America’s largest economy, emptied Brazilian roadways and left major […] Read more

Crops, Markets, Reuters

U.S. grains: Corn, soy sag on renewed U.S.-China trade tension

By GFM Network News May 29, 2018

Chicago | Reuters — U.S. corn futures fell about 1.5 per cent on Tuesday, with the front contract at times dropping below US$4 a bushel as U.S. trade tensions with China re-emerged, analysts said. Wheat turned lower after climbing to multi-month highs, and soybeans also slipped. Chicago Board of Trade July corn settled down six […] Read more

Beef Cattle, Livestock, Reuters

OIE declares Brazil free of foot-and-mouth, with vaccination

By Reuters, GFM Network News May 24, 2018

Paris | Reuters — The World Organization for Animal Health (OIE) declared Brazil free of foot-and-mouth disease (FMD) with vaccination on Thursday, opening new export prospects for the world’s largest beef exporter. The OIE already considered most of Brazil to be free of FMD with vaccination. The declaration, which the government had been expecting since […] Read more

U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

GFM Network News