Brazil Archives - Page 47 of 55

Brazil ag ministry, police say meat problems not widespread

By GFM Network News March 21, 2017

Lapa, Brazil | Reuters — Brazil’s federal police and agriculture ministry said late Tuesday that sanitary and corruption problems found in the nation’s meatpacking industry were isolated incidents, an attempt to tamp down a scandal that has led the Latin American nation’s biggest export markets to ban its meats. Since police launched raids on processing […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat, corn fall to multi-week lows

By GFM Network News March 21, 2017

Chicago | Reuters — U.S. wheat futures dropped to their lowest level in more than six weeks on Tuesday, their second straight day of declines, as weather forecasts bolstered expectations for strong yields adding to already-abundant supplies in the coming weeks, traders said. Corn futures also fell, hitting their lowest since Feb. 1, on pressure […] Read more

Livestock, Markets, Reuters

U.S. livestock: Deferred cattle hit contract highs

By Michael Hirtzer, GFM Network News March 21, 2017

Chicago | Reuters — Chicago Mercantile Exchange cattle futures were mostly higher on Monday, with deferred months for both live and feeder cattle hitting contract highs on spreading and investment fund buying, traders and analysts said. Lean hog futures were largely lower, extending losses to the fourth straight session in a technical selloff. Most-active CME […] Read more

Livestock, Markets, Reuters

Brazil beef scandal leaves fewer options for global buyers

By GFM Network News March 20, 2017

Chicago | Reuters –– Global beef buyers will likely need to cobble together supplies from several nations if a scandal persists in Brazil’s meat sector because supply constraints and politics are already limiting trade flows, market analysts said Monday. China suspended imports of all meat products from Brazil, the world’s top beef exporter, as a […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat drops on outlook for Plains rains

By GFM Network News March 20, 2017

Chicago | Reuters — U.S. wheat futures fell on Monday, led lower by a 1.9 per cent drop in K.C. hard red winter wheat amid forecasts for improving weather for crop development in key U.S. growing areas. “The U.S. Plains were dry over the weekend, but the next precip(itation) chance is on the way later […] Read more

Livestock, Reuters

Brazilian meatpackers slump on import curbs

By GFM Network News March 20, 2017

Sao Paulo/Beijing | Reuters — Fallout from a meatpacking industry scandal in Brazil, the world’s biggest exporter of beef and poultry, widened on Monday as China, the EU, South Korea and Chile curtailed meat imports from the country after inspectors were accused of taking bribes to allow sales of tainted food. With other import curbs […] Read more

Livestock, Reuters

Brazil police raid BRF, JBS meat plants in bribery probe

By GFM Network News March 17, 2017

Sao Paulo/Curitiba, Brazil | Reuters — Brazilian police raided the premises of global meatpacking companies JBS SA and BRF SA on Friday, as well as dozens of smaller rivals, in a crackdown on alleged bribery of health officials that could threaten US$12 billion in annual exports. The probe, known as “Operation Weak Flesh,” found evidence […] Read more

Livestock, Reuters

JBS sees margins up in 2017 as feed, cattle costs fall

By GFM Network News March 14, 2017

Sao Paulo | Reuters — Brazilian meatpacking giant JBS SA expects profit margins to improve over the course of this year, CEO Wesley Batista said on Tuesday, as lower cattle and feed costs and healthier markets ease the pressures that hurt 2016 results. JBS shares rose two per cent in Sao Paulo despite lower-than-expected earnings […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans extend slide on Brazil crop outlook

By GFM Network News March 10, 2017

Chicago | Reuters — Chicago Board of Trade soybean futures fell to a two-month low on Friday as the ongoing harvest of a projected record-large Brazilian soy crop threatened U.S. export prospects, traders said. Corn and wheat followed the weak trend, despite a setback in the U.S. dollar. CBOT May soybean futures settled down 4-1/2 […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans hit two-month low on huge Brazil crop

By GFM Network News March 9, 2017

Chicago | Reuters — U.S. soybean futures hit a two-month low on Thursday, pressured by rising government forecasts for a record-large Brazilian soy harvest, traders said. Corn futures also declined on forecasts for big South American crops, and wheat followed the weak trend. The Chicago Board of Trade May soybean futures contract settled down 10-3/4 […] Read more

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Tag Archives Brazil

Brazil ag ministry, police say meat problems not widespread

U.S. grains: Wheat, corn fall to multi-week lows

U.S. livestock: Deferred cattle hit contract highs

Brazil beef scandal leaves fewer options for global buyers

U.S. grains: Wheat drops on outlook for Plains rains

Brazilian meatpackers slump on import curbs

Brazil police raid BRF, JBS meat plants in bribery probe

JBS sees margins up in 2017 as feed, cattle costs fall

U.S. grains: Soybeans extend slide on Brazil crop outlook

U.S. grains: Soybeans hit two-month low on huge Brazil crop

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