Brazil Archives - Page 49 of 53

U.S. grains: Prices rise on short-covering, slow loadings in Brazil

By Michael Hirtzer, GFM Network News February 16, 2016

Chicago | Reuters –– U.S. soybean futures climbed to a 1-1/2-week high on Tuesday while wheat and corn each gained about one per cent, boosted by investor short-covering and a backlog of export loadings at Brazilian ports. Prices rose as trade resumed following a three-day weekend due to Monday’s U.S. Presidents Day holiday. They were […] Read more

Crops, Machinery, Weather

Major investment to build Farmers Edge’s data power

By GFM Network News January 27, 2016

Canadian precision agronomy and farm data management firm Farmers Edge plans to keep taking its services to previously underserved acres around the world, with a major cash infusion from a group of its backers. Japanese commodities trading and investment firm Mitsui, Toronto commercial real estate company Osmington and the Green Growth Fund operated by investment […] Read more

Livestock, Reuters

Brazil prosecutors charge JBS board chairman

By Reuters, GFM Network News January 27, 2016

Sao Paulo | Reuters –– Prosecutors charged Joesley Batista, chairman of Brazilian meatpacker JBS’s board and president of its controlling shareholder J+F Investimentos, and eight others with crimes against the financial system, sending shares of JBS SA down more than eight per cent on Tuesday. The statement from prosecutors said J+F Investimentos and another subsidiary […] Read more

Crops, Markets, Reuters, Soybeans

Brazil soy growers seek WTO complaint against U.S.

By GFM Network News January 8, 2016

Sao Paulo | Reuters — Brazilian soybean growers have asked their country to file a complaint against the U.S. at the World Trade Organization, alleging U.S. farm subsidies give an unfair advantage to the world’s top soybean producer. Brasilia-based farm group Aprosoja says those subsidies might be costing Brazilian farmers $1 billion a year in […] Read more

Livestock, Markets, Reuters

Cargill’s Q2 profit drops amid commodities slump

By GFM Network News January 7, 2016

Chicago | Reuters –– Slumping commodities prices and weak demand in some markets took their toll on profits for global commodities trader Cargill in the quarter ending Nov. 30, sending earnings and revenue down 13 per cent and 10 per cent, respectively. Privately held Cargill, celebrating its 150th birthday this year, is in the midst […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

Crops, Markets, Reuters

U.S. grains: Wheat rallies on bargain-buying, fund short-covering

By GFM Network News December 29, 2015

Chicago | Reuters — U.S. wheat futures rose roughly two per cent on Tuesday to hit a one-week high on bargain buying and concerns about crop prospects in the southern Midwest, traders said. Soybeans were also higher while corn futures firmed, rallying from contract lows as wheat advanced. At the Chicago Board of Trade, March […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Rain in Brazil’s forecasts dampens soy futures

By GFM Network News December 24, 2015

Chicago | Reuters — U.S. soybean futures touched a one-week low on Thursday as expectations for beneficial rains in top exporter Brazil overshadowed stronger-than-expected U.S. export sales. Concerns about large U.S. supplies and poor export demand pushed March corn to settle at a new contract low, while wheat futures reached a three-week low. Traders kept […] Read more

Crops, Markets, Reuters

Dreyfus, Cargill win Brazil port space

By GFM Network News December 9, 2015

Sao Paulo | Reuters –– Louis Dreyfus Commodities and Cargill won an auction on Wednesday to operate a grain terminal at Santos Port for 25 years, while Fibria SA and Marimex won rights to operate pulp areas there leased from Brazil’s government. The three port areas were the first of 93 nationwide that the government […] Read more

Corn, Crops, Markets, Reuters

World corn stocks hit record high on cut in China use: USDA

By GFM Network News November 10, 2015

Chicago | Reuters — The U.S. Department of Agriculture unexpectedly revised its global coarse grain supply estimate on Tuesday, saying Chinese feed millers were using feeds other than corn at a higher rate than previously thought over the past three years. Along with an increase in USDA’s 2015 U.S. corn production forecast and cuts to […] Read more

Crops, Markets

Crop prices to stay under pressure

By GFM Network News November 4, 2015

Commodity News Service Canada – North American farmers hoping for weak commodity prices to right themselves could be waiting for quite a while, according to one of the speakers at the Cereals North America conference going in Winnipeg this week. Dan Basse, president of AgResource, said currency issues are making life very profitable for farmers […] Read more

U.S. livestock: Cattle make small gains, hogs slip back

ICE Weekly: Canola correction brightens outlook

U.S. grains: Soybeans extend gains after USDA’s US harvest outlook cut

GFM Network News