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Brazil fertilizer deliveries seen dropping

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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

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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

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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

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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

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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

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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
Markets, News

Brazil’s dry weather boosts second corn harvest

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Hotter and drier weather in key Brazilian corn growing areas gave a boost to harvesting work, especially in Brazil’s top grain state Mato Grosso, according to a survey by AgRural released June 27. The agribusiness consultancy said 20.3 per cent of the area cultivated with second corn was harvested in the center-south of the country
A tract of Amazon jungle burns as it is cleared by farmers at Rio Pardo in Brazil's Rondonia state on Sept. 15, 2019.
News

Compensation key to tackling Brazilian deforestation

Dreyfus Brazil CEO says tackling deforestation involves compensating farmers

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Brazil’s chief executive of commodities trader Louis Dreyfus says that if society wants to seriously tackle deforestation, mechanisms are needed to compensate farmers for conserving trees. Murilo Parada told an audience at the World-Agritech South America Summit in Sao Paulo that the development of a carbon market would be key to protect the environment and
beef and flag of Brazil
News

Pricey grains to bring down Brazil beef prices

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Reuters – Brazilian ranchers are likely to send fewer cattle to feedlots in the second half of 2022 as feed becomes more expensive, intensifying downward pressure on beef prices, the chief executive officer of meat packer Minerva says. Rising prices for inputs used in animal feed, such as corn and soybean meal, are pushing farmers

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