Brazil Archives - Page 16 of 64 - Manitoba Co-operator

A herd of cows in Brazil. Brazil is home to some of the world’s largest meatpackers.

Lower cattle prices to fatten Brazilian meatpackers’ margins

By Nayara Figueiredo November 9, 2022

Reuters – A decline in Brazilian cattle prices this year and strong demand for the country’s beef exports will widen Brazilian meatpackers’ margins in the short term, according to analysts, though weakness in the domestic market could undercut those gains. Live cattle prices on the Sao Paulo market are on a downward trajectory, with the

Markets

Brazil moves closer to China corn exports as Beijing approves traders

By Dominique Patton, GFM Network News November 3, 2022

Beijing/Sao Paulo | Reuters – Chinese customs updated its list of approved Brazilian corn exporters on Wednesday, a move a Brazilian agriculture official said could jumpstart sales of corn to the world’s second-largest economy. The approvals could reshape global trade flows and result in fewer sales for farmers in the United States, the world’s top corn supplier.

Supporters of Brazil’s President Jair Bolsonaro block highway BR-060, during a protest against President-elect Luiz Inacio Lula da Silva who won a third term following the presidential election run-off, in Abadiania, Brazil, October 31, 2022. Photo: Reuters/Ueslei Marcelino

Markets

Trucker blockades in Brazil increase in wake of Bolsonaro election loss

By Ana Mano, GFM Network News October 31, 2022

Sao Paulo | Reuters – Truckers who support Brazil’s outgoing President Jair Bolsonaro escalated their protests on Monday, blocking roads in 16 states in an action that could affect agricultural exports in one of the world’s top food producers. Bolsonaro lost Sunday’s election to leftist former President Luiz Inacio Lula da Silva, but has yet to concede

News

Brazil fertilizer deliveries seen dropping

By Ana Mano October 18, 2022

Reuters – Fertilizer deliveries to Brazilian farmers could fall between five and seven per cent this year, an executive at Brazilian trade group Anda said Oct. 5, citing figures from analysts and industry estimates. Anda, which represents global suppliers, said farmers have delayed purchases or decided not to buy fertilizer this season amid a rise

Employees load soybeans for China at Tiplam terminal in Santos, Brazil, in March 2017.

News

China’s soybean imports from Brazil drop in August

By Reuters October 4, 2022

China’s soybean imports from Brazil plunged in August from a year ago, customs data shows, as high prices capped purchases of the oilseed from the South American nation. Imports from smaller suppliers including Uruguay and the United States both increased. China, the world’s biggest soybean buyer, imported 6.25 million tonnes of the oilseed from Brazil

Markets, News

Big crops loom even as Brazil growers face high input bills

By Ana Mano September 17, 2022

Reuters – Brazilian farmers will spend more to nourish crops like soybeans and corn this season, according to agribusiness consultancy StoneX. It reflects a rise in prices exacerbated by the conflict in Ukraine. A soybean farmer in the south of the country spent on average US$251.65 per hectare to buy nutrients in the last season.

Markets, News

Brazilian food processor BRF CEO resigns

By Ana Mano, Gabriel Araujo September 12, 2022

Reuters – Brazilian food processor BRF said Aug. 29 that chief executive Lorival Luz had resigned and will be replaced by Miguel Gularte, a top executive at beef-packer Marfrig Global Foods. Shares in the poultry and pork processor were mixed as BRF investors digested the news. “To some extent, Miguel Gularte can be described as

Markets, News

Brazil firm laments zoonotic trade blocks

By Ana Mano August 9, 2022

Reuters – Unreasonable animal health risk assessments continue to hamper global meat trade, according to Joao Sampaio, the director of institutional affairs at Brazilian beef processor Minerva. In statements July 26, Sampaio cited Turkey, which refuses to import Brazilian beef due to foot-and-mouth disease worries, but does buy live cattle from the country, “…which is

Nutrien’s head office building in Saskatoon. (Liam O’Connor photo)

Crops

Nutrien buys expanded ag retail presence in Brazil

By GFM Network News, Reuters July 20, 2022

Reuters — Top fertilizer maker Nutrien on Wednesday agreed to acquire Casa do Adubo S.A., as part of its ambitions to expand its Brazilian retail business. The deal marks Nutrien’s sixth acquisition in Brazil since 2019, when it set a strategic goal to build its market share in a country that is vital to feeding

File photo of sunset over a wheatfield in Brazil. (Evandrorigon/E+/Getty Images)

Crops, Markets

Brazil seen adding wheat area, fewer acres in Argentina

By GFM Network News, Glen Hallick - MarketsFarm July 19, 2022

MarketsFarm — As farmers in Brazil plant more wheat this year, their counterparts in Argentina are cutting back on the amount of acres they plan to sow — although Argentina will still grow a great deal more wheat than Brazil. Dr. Michael Cordonnier of Soybean and Corn Advisor Inc. at Hinsdale, Ill. said one reason

Daily Network News

U.S. grains: Soy futures slide as traders worry China may miss US buying target

Pulse Weekly: Steady prices, high production for chickpeas

Funds held large net short in canola before U.S. shutdown

Tag Archives Brazil

Lower cattle prices to fatten Brazilian meatpackers’ margins

Brazil moves closer to China corn exports as Beijing approves traders

Trucker blockades in Brazil increase in wake of Bolsonaro election loss

Brazil fertilizer deliveries seen dropping

China’s soybean imports from Brazil drop in August

Big crops loom even as Brazil growers face high input bills

Brazilian food processor BRF CEO resigns

Brazil firm laments zoonotic trade blocks

Nutrien buys expanded ag retail presence in Brazil

Brazil seen adding wheat area, fewer acres in Argentina

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