Brazil Archives - Page 13 of 65 - Manitoba Co-operator

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

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

Beef cattle, Livestock, Markets

China agrees to resume imports of Brazilian beef

Beijing authorizes four new Brazilian plants

By Ana Mano, GFM Network News March 24, 2023

Beijing/Sao Paulo | Reuters –– Efforts by the Brazilian government to lift a month-long ban on beef exports to China paid off on Thursday, as Beijing agreed to resume imports while also approving four new beef packers based in Brazil, according to authorities in both countries. China’s General Administration of Customs approved the resumption of

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

Crops, Markets

U.S. grains: Chicago soy closes lower

Brazil production, Fed in focus for soy; wheat, corn still capped by Black Sea deal extension

By GFM Network News March 21, 2023

Reuters — Chicago soy futures reversed gains to close lower on Tuesday, pushed down by rising estimates of Brazilian production, while corn and wheat dipped as markets kept a cautious eye on an expected Federal Reserve rate hike. Wheat and corn continue to be capped by the extension of a Black Sea export corridor from

Markets, News

Brazil meatpacker Marfrig posts loss on shrinking North American demand

By Reuters March 13, 2023

Brazilian meatpacker Marfrig Global Foods has posted a fourth-quarter net loss of US$121 million, falling below estimates of a net profit for the quarter in part because of lower earnings in North America. Analysts polled by Reuters had estimated a net profit of $88 million for the last three months of 2022, down from a

Daily Network News

U.S. livestock: Cattle futures gain, hogs fall back

U.S. grains: Chicago grains and oilseeds rise on recent dollar weakness, biofuel optimism

Western Canadian resentment not exceptional — or highest in country — pollster says

Tag Archives Brazil

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

China agrees to resume imports of Brazilian beef

U.S. grains: Chicago soy closes lower

Brazil meatpacker Marfrig posts loss on shrinking North American demand

AgCanadaTV

AgCanadaTV: Inflation puts tighter squeeze on farmers

Cyber-Savvy Farmer

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