Brazil Archives - Page 12 of 64 - Manitoba Co-operator

Soybean influx into China cools buying appetite

By Dominique Patton June 29, 2023

Reuters – A flood of Brazilian soybeans into China is weighing on soymeal purchases and may curb buying of beans later in the year, traders and analysts said. Soybean arrivals into the world’s top buyer have been running at record levels since the start of the year, after a record crop in Brazil pushed down

CBOT July 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

U.S. grains: Soybeans reach one-month high on weather woes

Wheat up, corn mixed

By GFM Network News, Julie Ingwersen June 13, 2023

Chicago | Reuters –– U.S. soybean futures hit a one-month high on Tuesday on worries about dry conditions in the Midwest hurting crop prospects and spillover strength from crude oil, traders said. Corn futures were mostly higher on the Midwest weather jitters, but the nearby July contract fell on profit-taking and worries about demand for

Frost on land in Brazil’s Santa Catarina state. (Edson Hardt/iStock/Getty Images)

Crops

Brazil justice grants Congress more time on bill limiting Indigenous rights

Case pits Indigenous against Big Ag

By Anthony Boadle, GFM Network News June 7, 2023

Brasilia | Reuters — A Brazilian Supreme Court justice on Wednesday asked for more time to study a case pitting the country’s Indigenous people against its powerful farm sector, a decision that is likely to give lawmakers more time to pass a measure favouring Big Agriculture. The decision by Justice Andre Mendonca, an Evangelical pastor

File photo of uncooked chicken wings. (Mimadeo/iStock/Getty Images)

Livestock, Markets

Global chicken meat oversupply improving, Brazil’s BRF says

Lower grain costs also expected to boost margins

By Ana Mano, GFM Network News May 16, 2023

Sao Paulo | Reuters — Chicken prices are rising as companies start to cut production to reduce global oversupply, Fabio Mariano, CFO of BRF SA, said on Tuesday, after a glut helped to push the Brazilian pork and poultry producer to a first-quarter loss. The firm posted a 1.024 billion-real (C$287.7 million) net loss for

CBOT May 2023 corn with Bollinger bands (20,2). (Barchart)

Crops, Markets

U.S. grains: Corn continues climb, closes higher for fourth week

Traders watching cooler weather in U.S. southern Plains

By GFM Network News April 15, 2023

Mexico City | Reuters — Chicago corn futures settled higher on Friday, making the fourth straight week of gains, after a week of flash sales to China and demand for ethanol processing. Soybeans closed lower, ending a gains streak since late March, as a record Brazilian harvest tempered concern about drought losses in Argentina. The

CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (yellow line) and K.C. May 2023 hard red winter wheat (orange line). (Barchart)

Crops, Markets

U.S. grains: Chicago grains up after jumpy day of Black Sea concerns

Markets await U.S. export sales data on Thursday

By GFM Network News April 12, 2023

Mexico City | Reuters — Chicago grains futures closed higher Wednesday, after a mixed day underpinned by renewed Russian criticism of the deal allowing Ukraine to export grain from Black Sea ports. Soybean and corn futures settled up, regaining some ground lost earlier in the session amid a bumper soy harvest in Brazil and an

Crops, Markets

USDA stands pat on U.S. soybean, corn ending stocks

Soy, corn crop projections cut for Argentina

By GFM Network News, Marketsfarm April 12, 2023

MarketsFarm — Projected ending stocks for soybeans and corn in the United States for the current marketing year were left unchanged by the U.S. Department of Agriculture in its latest monthly supply/demand report (WASDE) — coming as a surprise to market participants who had generally anticipated downward revisions to the carryout numbers. USDA left 2022-23

News

With stakes high, Brazil meat industry dominates delegation to China

By Ana Mano, Lisandra Paraguassu April 4, 2023

Reuters – More than a quarter of business leaders traveling to China with Brazilian President Luiz Inacio Lula da Silva come from the country’s booming meat industry, highlighting the high stakes for a sector reliant on Chinese demand for most of its exports. With 69 of the nearly 250 executives traveling, meatpackers dominate a roster

Markets, News

Brazil corn exports to China nosedive as soy season kicks off

By Roberto Samora March 28, 2023

Reuters – Brazil’s corn exports fell sharply in February as soybean shipments took centre stage and Chinese buyers turned to countries like the United States and Ukraine for supplies. According to revised Brazilian trade data, the country’s corn sales to China were 70,000 tonnes last month, down from 983,700 tonnes in January and more than

A combine harvests wheat in a field near the village of Zghurivka, amid Russia’s attack on Ukraine, in Kyiv region on Aug. 9, 2022.

Global markets, News

War pushes grain supplies into danger territory

ANALYSIS | Patchwork fixes to Ukraine grain shortfall leave world vulnerable a year into war

By Karl Plume March 24, 2023

A patchwork of fixes and increased crop plantings around the world to counter the impact of war in Ukraine on global grain supplies are not enough to ward off further risks of disruption. Extensive damage to Ukraine’s farm sector and uncertainty that the United Nations’ grain export corridor deal will be renewed this month suggest

Daily Network News

U.S. livestock: Cattle futures slide under pressure from weak cash prices

ICE Canada Weekly: Canola likely to remain rangebound

U.S. grains: Soybean futures ease from 17-month peak as traders gauge China buying pace

Tag Archives Brazil

Soybean influx into China cools buying appetite

U.S. grains: Soybeans reach one-month high on weather woes

Brazil justice grants Congress more time on bill limiting Indigenous rights

Global chicken meat oversupply improving, Brazil’s BRF says

U.S. grains: Corn continues climb, closes higher for fourth week

U.S. grains: Chicago grains up after jumpy day of Black Sea concerns

USDA stands pat on U.S. soybean, corn ending stocks

With stakes high, Brazil meat industry dominates delegation to China

Brazil corn exports to China nosedive as soy season kicks off

War pushes grain supplies into danger territory

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