Brazil Archives - Page 48 of 53

CBOT weekly outlook: Soy, corn can’t keep their distance from Argentina

By GFM Network News January 18, 2017

CNS Canada — Soybean futures at the Chicago Board of Trade posted sharp gains over the past week, as weather concerns in Argentina and a bullish U.S. Department of Agriculture report sparked a rally. South American weather also underpinned the corn market — and both commodities will be following the forecasts out of the region […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola chops around waiting for New Year

By GFM Network News December 21, 2016

CNS Canada –– ICE Futures Canada canola contracts chopped around major support during the week ended Wednesday, as steady demand was countered by large supplies of oilseeds. Most traders rolled out of the January contract and into March, a move evidenced by the massive volumes on Monday and Tuesday. “People holding contracts may get nervous; […] Read more

Crops, Markets, Reuters

U.S. grains: Soy firms on technicals

By GFM Network News December 15, 2016

Chicago | Reuters — U.S. soybean futures rose on Thursday, turning higher after testing key technical support levels, traders said. Corn and wheat futures weakened on a mild round of profit-taking. Wheat, which also was pressured by a firm U.S. dollar, had risen for the previous five days while corn was coming off a four […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Technicals trump recent support in soy

By GFM Network News November 30, 2016

CNS Canada — Soybean futures at the Chicago Board of Trade look technically bearish, one U.S. analyst says, but spec-longs may keep support in the market. Corn futures, meanwhile, are expected to continue in a rangebound trend. “Corn is still basically in a trading range; it doesn’t excite people. Beans, they’re all over the place,” […] Read more

Livestock, Reuters

JBS scraps reorganization after Brazil veto

By GFM Network News October 26, 2016

Sao Paulo | Reuters — JBS SA has scrapped a program to move some operations outside Brazil after a government agency vetoed the move, sending shares of the world’s biggest beef exporter tumbling and dealing a blow to a plan to become a global food processing powerhouse. In a Wednesday securities filing, Sao Paulo-based JBS […] Read more

Livestock, Reuters

JBS CEO ordered to step aside in Brazil pension fund probe

By GFM Network News September 6, 2016

Brasilia | Reuters — Brazilian police launched an investigation of fraud at state-run companies’ pension funds on Monday, as a judge ordered dozens of senior financiers and executives away from their firms, including the CEO of the world’s biggest beef exporter. Police carried out five arrests, more than two dozen interrogations and over 100 search […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Yield prospects key for soybeans, corn

By GFM Network News August 3, 2016

CNS Canada — Corn and soybean futures at the Chicago Board of Trade recorded losses during the week ended Wednesday, as expectations of massive crops and high yields edge closer to becoming a reality. “Since weather isn’t a major issue anymore, (traders) will be watching for potential record crop production sizes in the U.S.,” said […] Read more

Beef Cattle, Livestock, Markets, Reuters

U.S. opens up to Brazil fresh beef imports

By Reuters, GFM Network News August 1, 2016

Brasilia | Reuters –– The U.S. and Brazilian governments exchanged food safety equivalence documents on Monday that will open up their respective markets to fresh beef exports, a window expected to boost Brazil’s exports to the U.S. by US$900 million. The U.S. Department of Agriculture said its Food Safety and Inspection Service had determined that […] Read more

Crops, Machinery, Reuters

Monsanto, Microsoft to invest in ag technology in Brazil

By Reuters, GFM Network News July 5, 2016

Sao Paulo | Reuters — U.S. biotech company Monsanto and U.S. software and tech firm Microsoft announced on Monday a partnership to invest in agricultural technology startups in Brazil. Monsanto will join a Brazilian investment fund with up to 300 million reais (C$118 million), managed by Microsoft, evaluating ideas for new digital tools to be […] Read more

Saputo’s Canadian dairy division includes brands such as Dairyland, Neilson, Nutrilait, Baxter and Armstrong. (Dave Bedard photo)

Dairy Cattle, Livestock, Reuters

Saputo eyes Brazil for acquisitions

By Rod Nickel, GFM Network News June 2, 2016

Reuters — Saputo Inc., one of Canada’s largest dairy producers, has an eye on Brazil for possible acquisitions, and could make deals worth as much as $3.5 billion, its CEO said Thursday. The struggling global dairy industry is fragmented, potentially yielding opportunities, Lino Saputo Jr. said. The company would like to buy cheesemaking plants in […] 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