Brazil Archives - Page 38 of 53

Emergence in an Ontario soybean field. (File photo by John Greig)

U.S. grains: Soybeans drop on bleak export view

By GFM Network News May 2, 2018

Chicago | Reuters –– U.S. soybean futures fell on Wednesday on concerns about decreased export demand from China as well as rising expectations for a bumper crop in Brazil, traders said. Wheat futures were mixed. Soft red winter wheat offerings eased after a rally on Tuesday while hard red winter wheat contracts rose due to […] Read more

(Mark Wilson photo courtesy Louis Dreyfus Co.)

Crops, Markets, Reuters, Soybeans

U.S.-China trade fears halt soybean imports

By GFM Network News April 26, 2018

Singapore/Beijing | Reuters — China’s purchases of U.S. soybeans have come to a grinding halt, trade and industry sources say, as fears of further action by Beijing to curb imports of U.S. crops following last week’s anti-dumping move on sorghum rattles the agriculture industry. Buyers from China, which takes 60 per cent of soybeans traded […] Read more

Crops, Markets, Reuters

U.S. grains: CBOT soybeans extend losing streak

By GFM Network News April 23, 2018

Chicago | Reuters — U.S. soybean futures fell for a third straight session on Monday, with concerns about demand from China in focus amid a lack of fresh deals with the top global buyer of the oilseed, traders said. Wheat futures were mixed, with Chicago Board of Trade soft red winter wheat contracts retreating from […] Read more

Beef Cattle, Livestock, Reuters

Marfrig to buy control of U.S.-based National Beef

By GFM Network News April 9, 2018

Sao Paulo | Reuters –– Brazil’s Marfrig Global Foods said Monday it would buy control of Kansas City-based National Beef Packing for US$969 million, in a deal that would make it the world’s No. 2 beef processor. Marfrig also said it was seeking to sell an existing U.S. unit, Keystone Food. The proceeds will be […] Read more

A coffee planter shows his coffee plantation in a farm in Sao Desiderio, Bahia state, Brazil on March 21. (Photo: Reuters/Roberto Samora)

Crops, Reuters, Soybeans

Coffee may profit more than soy in Brazil’s new farming frontier

By GFM Network News March 27, 2018

Luis Eduardo Magalhaes, Brazil | Reuters –– Farmers tending vast, flat soy and cotton fields that spread as far as the eye can see in northeastern Brazil are finding that coffee crops might provide higher profits in the country’s agricultural frontier. More coffee farms are being developed in the western part of Bahia state, which […] Read more

Aviation firms report Brazil’s use of crop dusters to be rising at a rate of three per cent per year. (Embraer video screengrab via YouTube)

Crops, Machinery, Reuters

Brazil cracking down on unmonitored agriculture planes

By GFM Network News March 20, 2018

Sao Paulo | Reuters — Brazilian federal prosecutors have demanded civil aviation authorities change regulations to increase oversight of agriculture airplanes such as crop dusters, which they claim can be used to smuggle drugs and agro-chemicals. Prosecutors are calling for the mandatory introduction of a transponder equipment to monitor such planes, and have suggested new […] Read more

Container ships pass through locks on the Panama Canal. (CIA.gov)

Corn, Crops, Reuters, Soybeans

Brazilian grain growers explore increased use of Panama Canal

By GFM Network News March 15, 2018

Sao Paulo | Reuters — Brazilian farmers in top soy state Mato Grosso signed a memorandum of understanding with the Panama Canal Authority to evaluate ways to cut transportation costs and boost Brazilian grain volumes using the waterway, the authority’s chief administrator said. The canal’s administration is looking to increase its participation in rising Brazilian […] Read more

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

Crops, Markets, Reuters

U.S. grains: Soy tumbles on acreage outlook

By Michael Hirtzer, GFM Network News March 14, 2018

Chicago | Reuters — Chicago soybean futures tumbled on Wednesday, pressured by technical selling and outlooks for record-large U.S. plantings this year, traders and analysts said. Chicago Board of Trade May soybean futures dropped 16-1/2 cents, or 1.7 per cent, to $10.32-1/4 per bushel (all figures US$). Prices accelerated declines at late-morning after advisory service […] Read more

Livestock, Reuters

Ex-JBS chairman released from jail

By GFM Network News March 9, 2018

Brasilia | Reuters — A Brazilian federal court on Friday granted the release from jail of Joesley Batista, former chairman of the world’s biggest meatpacker, JBS SA, according to court documents. Joesley Batista, who steered JBS from a Brazilian beef processing firm to a global food conglomerate with major U.S. operations, was expected to be […] Read more

General, Markets, Reuters

Trade bloc Mercosur, Canada launch talks for trade deal

By Reuters, GFM Network News March 9, 2018

Asuncion| Reuters — South American trade bloc Mercosur formally launched discussions for a trade deal with Canada on Friday, in a move officials said would signal an embrace of free trade at a time other countries are moving toward protectionist policies. For Canada, the talks with the group, which includes Argentina, Brazil, Paraguay and Uruguay, […] Read more

Saskatchewan Crop Report: Varied precipitation as harvest begins

U.S. grains: Wheat, soy and corn bounce off lows as demand stirs

U.S. livestock: Cattle futures hit contract highs on strong cash trade

GFM Network News