Brazil Archives - Page 50 of 53

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

Corn, Crops

Large Brazilian corn exports to continue

By GFM Network News November 4, 2015

Commodity News Service Canada – Brazil could be on pace to export as much as 31 million to 34 million tonnes of corn by the end of the 2015/16 marketing year, according to Pedro Dejneka, the executive director of AgResource’s Latin America division, speaking at the Cereals North America conference in Winnipeg on November 3. […] Read more

Crops

World farmers reap benefits of strong U.S. dollar

By GFM Network News November 3, 2015

Winnipeg/Commodity News Service Canada – The effects of a strong U.S. dollar and resulting weaker domestic currencies are improving the bottom line for farmers in many parts of the world, according to a speaker at the Cereals of North America conference in Winnipeg, Nov. 3. Pedro Dejneka, the executive director of Ag Resource’s Latin America […] Read more

Crops, Soybeans

Brazil soy planting lags historical average despite rain

By GFM Network News October 30, 2015

Sao Paulo / Reuters – Soybean planting in Brazil remained behind the historical average even after isolated rainfall in the center-west, analyst firm AgRural said on Friday, with 31 per cent of area planted compared to the 42 per cent five-year average. A year earlier at this time 29 per cent of the previous crop […] Read more

Hogs

Brazil’s JBS concludes acquisition of Cargill pork unit

By Reuters, GFM Network News October 30, 2015

Sao Paulo / Reuters – Brazilian meatpacker JBS SA said on Friday it had concluded its $1.45 billion acquisition of Cargill Inc’s U.S. pork assets without any restrictions from regulators, a deal that makes it one of the largest meat companies in the United States. UPDATE: Cargill Illinois hog processing plant offline until Monday Chicago / […] Read more

Beef Cattle, Livestock, Markets, Reuters

Brazil’s JBS considering slew of acquisitions

By Reuters, GFM Network News October 27, 2015

Sao Paulo | Reuters –– JBS SA, the world’s largest meat packer, is ready to take on a slew of acquisitions next year, chairman Joesley Batista said Tuesday. The Brazilian company controls assets in the U.S., Canada, Australia and other countries. Batista, speaking on the sidelines of a telecommunications industry event in São Paulo, declined […] Read more

General, Markets

Global markets: Brazilian and South African economies

By MarketsFarm Team, GFM Network News October 21, 2015

CNS Canada — The following is a glance at the news moving markets globally. BRAZIL’S ECONOMY EXPECTED TO CONTRACT ONCE MORE — Brazil’s economy is expected to contract three per cent this year, according to the country’s Central Bank, which surpassed analyst’s expectations of 2.97 per cent. The newest projections are the most negative the […] Read more

Crops, Markets, Reuters

U.S. grains: Soy futures fall as harvest pace picks up

By GFM Network News September 22, 2015

Chicago | Reuters –– U.S. corn and soybean futures fell on Tuesday, under pressure from the expanding harvest around the U.S. Midwest as well as some profit-taking after rallying on Monday, traders said. Wheat futures also fell, but losses were kept in check as bargain buyers stepped into the market when prices hit their session […] Read more

Cereals, Corn, Crops, Markets, Reuters

Exporters fear Brazil agents’ strike could hurt corn exports

By GFM Network News September 20, 2015

Sao Paulo | Reuters — A strike by Brazilian federal agricultural agents responsible for approving certificates required for shipments could affect Brazil’s corn exports, the director of the cereal exporters association Anec Sergio Mendes said Friday. Mendes said the strike that started on Thursday was “the worst thing that could happen” to grain exports, though […] Read more

U.S. livestock: Cattle futures climb higher to end week

Draft ‘MAHA’ commission report avoids pesticide crackdown feared by farm groups

U.S. grains: Corn, soybeans rise on short-covering ahead of weekend, crop tour

GFM Network News