Brazil Archives - Page 20 of 65 - Manitoba Co-operator

A drought-hit cornfield at Nao-Me-Toque in Brazil’s Rio Grande do Sul state on Jan. 9, 2022. (Photo: Reuters/Diego Vara)

CBOT weekly outlook: More adjustments expected after lacklustre USDA report

By GFM Network News, Phil Franz-Warkentin February 9, 2022

MarketsFarm — Updated supply/demand estimates from the U.S. Department of Agriculture on Wednesday included only minor revisions, with the lacklustre report doing little to move the market. While South American production numbers were revised lower, further downward revisions are likely in subsequent reports, according to a market analyst. “We were a little surprised the USDA

CBOT March 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

Crops, Markets

U.S. grains: Corn, soy futures set eight-month highs

USDA lowers South America corn, soy crop estimates

By GFM Network News, Tom Polansek February 9, 2022

Chicago | Reuters — Chicago Board of Trade (CBOT) soybean and corn futures set eight-month highs on Wednesday on concerns about the risk for more unfavorable crop weather in drought-stressed growing areas of South America, traders said. The U.S. Department of Agriculture, in a monthly crop report, pegged Brazil’s soy crop at 134 million tonnes,

CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)

Crops, Markets, Weather

U.S. grains: Soybeans dip ahead of USDA report

Wheat underpinned by U.S. dryness

By Christopher Walljasper, GFM Network News February 9, 2022

Chicago | Reuters — Chicago soybean prices fell on Tuesday, a day after hitting an eight-month high, ahead of the U.S. Agriculture Department’s monthly global supply and demand assessment that is expected to downgrade South American crop production. Corn also eased, while wheat firmed, underpinned by ongoing dryness across the U.S. southern Plains. The Chicago

A soybean crop at Headingley, Man. on Sept. 2, 2021. (Dave Bedard photo)

Crops, Markets

CBOT weekly outlook: Soybeans at US$16 possible, trader says

By GFM Network News, Glen Hallick - MarketsFarm February 3, 2022

MarketsFarm — Prices for soybeans and corn at the Chicago Board of Trade (CBOT) could push higher in the coming weeks, should South America remain dry, according to Bryan Strommen of Progressive Ag at Fargo, N.D. More and more estimates on soybean production in Brazil have been projecting a much smaller harvest than initially hoped

Crops, Markets

U.S. grains: Soybeans up as Brazil crop estimates shrink

Corn, wheat futures rise

By GFM Network News, Julie Ingwersen February 2, 2022

Chicago | Reuters — U.S. soybean futures rose to a seven-month high Tuesday on fears that a smaller-than-expected Brazilian harvest will tighten global soy stocks and steer export demand to U.S. supplies, analysts said. Corn futures followed soybeans higher and wheat firmed on bargain-buying after a three per cent dip a day earlier. The grains

Markets, News

Widespread rains bring relief to Argentina’s grain crops

By Maximilian Heath January 31, 2022

Reuters – Heavy rainfall brought relief to Argentina’s main agricultural areas over the weekend of Jan. 15, interrupting several weeks of dry weather that led the Rosario grains exchange to trim its forecasts for both soybean and corn production. German Heinzenknecht, meteorologist at the Applied Climatology Consultancy (CCA), said the weekend showers came as expected,

Markets, News

Brazil’s BRF, Saudi fund set up poultry joint venture

By Reuters January 24, 2022

Brazilian chicken and pork processor BRF SA signed a memorandum of understanding with Saudi Arabia’s sovereign fund to create a joint venture to make poultry products in the Middle Eastern country, it said Jan. 13. BRF said in a securities filing it will hold a 70 per cent stake in the joint venture, while Saudi

Russian service members take part in tactical exercises of an assault engineering unit at a training ground in Kamensk-Shakhtinsky in southwestern Russia’s Rostov region on Jan. 17, 2022. (Photo: Reuters/Sergey Pivovarov)

Crops, Markets, Weather

CBOT weekly outlook: Prices up on hot weather, growing tensions

By Adam Peleshaty, GFM Network News January 20, 2022

MarketsFarm — Soybean, corn and wheat futures at the Chicago Board of Trade were all showing some strength Wednesday, recovering from losses posted over the previous week. South American weather concerns and broader geopolitical tensions countered any bearish influence from the latest supply/demand estimates from the U.S. Department of Agriculture. South America recently received much-needed

CBOT March 2022 wheat (candlesticks) with K.C. March 2022 wheat (yellow line) and MGEX March 2022 wheat (black line, left column). (Barchart)

Crops, Markets, Weather

U.S. grains: Wheat, corn rally to highest since December

Soybeans jump 2.2 per cent

By GFM Network News, Mark Weinraub January 19, 2022

Chicago | Reuters — U.S. wheat futures surged 3.6 per cent to their highest in more than three weeks on Wednesday, with traders focused on dry and cold weather in key growing areas of the Midwest and southern Plains. Weather concerns also boosted soybeans and corn as investors shrugged off recent rains in South America.

CBOT March 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and black lines). (Barchart)

Crops, Markets

U.S. grains: Wheat rallies as Russia-Ukraine tensions rise

Corn firm, soy weak

By GFM Network News, Mark Weinraub January 18, 2022

Chicago | Reuters — Chicago Board of Trade wheat futures jumped 3.2 per cent on Tuesday, supported by concerns about rising tensions between Russia and Ukraine as well as cold weather that could threaten the crop in dry parts of the United States. “If there is a problem between Russia and Ukraine, it could be

Daily Network News

U.S. grains: Chicago grain prices fall amid profit-taking and dollar rebound

U.S. livestock: Cattle fall back as inventory hits 75-year low

Farm family income gains driven by off-farm earnings: StatCan

Tag Archives Brazil

CBOT weekly outlook: More adjustments expected after lacklustre USDA report

U.S. grains: Corn, soy futures set eight-month highs

U.S. grains: Soybeans dip ahead of USDA report

CBOT weekly outlook: Soybeans at US$16 possible, trader says

U.S. grains: Soybeans up as Brazil crop estimates shrink

Widespread rains bring relief to Argentina’s grain crops

Brazil’s BRF, Saudi fund set up poultry joint venture

CBOT weekly outlook: Prices up on hot weather, growing tensions

U.S. grains: Wheat, corn rally to highest since December

U.S. grains: Wheat rallies as Russia-Ukraine tensions rise

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