Brazil Archives - Page 44 of 64 - Manitoba Co-operator

JBS shareholder Batista arrested in food sector corruption investigation

By Ana Mano, GFM Network News November 9, 2018

Rio de Janeiro | Reuters – Brazilian police arrested one of the controlling shareholders of meatpacker JBS SA on Friday in connection with an ongoing police inquiry into illegal campaign contributions while a local news outlet reported two former agriculture ministers were also arrested. A member of JBS’ controlling family Joesley Batista is expected only to

Employees load soybeans onto the China-bound cargo ship Kypros Land at Tiplam terminal in Santos, Brazil in March 2017. Photo: Reuters/File/Paulo Whitaker

Brazil in talks to boost soymeal exports to China

By GFM Network News, Marcelo Teixeira November 5, 2018

Sao Paulo | Reuters – Brazil’s soy processing executives are in talks with Chinese government officials over ways to increase soymeal exports to the Asian nation, industry group Abiove said on Monday. China already buys around 80 percent of Brazilian soybean exports. According to official data, Brazil exported 55 million tonnes of soybeans to China

Russia had placed temporary restrictions on imports of pork and beef products from Brazil in 2017. Photo: Getty Images

Beef cattle, Hogs

Russia to resume beef, pork imports from Brazil

By Ana Mano, GFM Network News, Polina Devitt October 31, 2018

Moscow/Sao Paulo | Reuters – Russia’s agriculture safety watchdog said on Wednesday it would allow imports of beef and pork from nine Brazilian plants beginning on Thursday, ending an 11-month ban triggered by concerns about the safety of their meat products. Russia’s Rosselkhoznadzor had placed temporary restrictions on imports of pork and beef products from

Dan Strieggl and his son Issac inspect new farm equipment at the 2018 Farm Progress Show in Boone, Iowa, U.S.,  August 28, 2018.

News, Other

Trump trade war delivers farm boom in Brazil, gloom in Iowa

So far U.S. farmers have been the biggest casualty in the early trade battles

By Jake Spring And tom Polansek October 22, 2018

Reuters – The Bella Vita luxury condominium tower rises 20 storeys over the boom town of Luís Eduardo Magalhães in northeastern Brazil. Its private movie theatre and helipad are symbols of how far this dusty farming community has come since it was founded just 18 years ago. Local soybean producers shell out upwards of a

CBOT December 2018 corn (in black) and November 2018 soybeans (in green). (Barchart)

Crops, Markets, Weather

U.S. grains: Soybeans hit one-week low on export woes

By GFM Network News, Julie Ingwersen October 19, 2018

Chicago | Reuters — U.S. soybean futures fell to a one-week low on Friday and recorded a second straight weekly decline, pressured by fresh cancellations of U.S. soybean sales, traders said. Corn futures fell for a fourth straight session and also notched a weekly drop, while wheat futures firmed after a three-session slide. Chicago Board

Beef cattle, Livestock

Brazil’s regulator rejects JBS settlement deal

By GFM Network News September 26, 2018

Sao Paulo | Reuters — The Brazilian securities regulator CVM said on Wednesday it had rejected a settlement with the world’s largest meatpacker JBS SA and major shareholders in an insider trading case because of the severity of the allegations. Wesley Batista, the former CEO of JBS, and his brother Joesley are the largest individual

Crops, Markets

ADM ramps up ethanol sales in Chicago, irking rivals

By GFM Network News, Jarrett Renshaw, Michael Hirtzer September 12, 2018

New York/Chicago | Reuters — Archer Daniels Midland has sold unusually high volumes of ethanol into the Chicago market since late last year as export markets dried up, driving down prices in the U.S. Midwest and angering the company’s rivals, according to traders and regulatory data. The Illinois-based global commodities powerhouse, a major ethanol producer,

A soybean plantation in Brazil. (MailsonPignata/iStock/Getty Images)

Crops

Brazilian court overturns ban on glyphosate

By GFM Network News September 4, 2018

Brasilia | Reuters — A Brazilian court on Monday overturned an injunction banning products containing the herbicide glyphosate, knocking down a previous ruling that had been set to disrupt the soy planting season set to begin this month. A Brazilian judge ruled last month to halt the registration of new glyphosate-based products in the country

Comment, Markets

Opinion: U.S. soy trade stellar in short term

Longer term the outlook for the Chinese market gets very hazy

By Karen Braun August 20, 2018

Market analysts have been trying to gauge China’s forward bean usage as it remains locked in a tit-for-tat tariff dispute with the United States, and the conflict has prompted threats from the East Asian country to severely reduce or ban U.S. bean imports. The future of U.S. soybean trade with China has also been a

Crops, Markets

U.S. grains: Markets rise on corn export demand, crop worries

By GFM Network News, Tom Polansek July 19, 2018

Chicago | Reuters — U.S. grain futures rose on Thursday on strong demand for corn and worries that harvests may be smaller than expected due to unfavourable global weather. Soybean futures shook off early losses to end higher despite concerns about the ongoing trade battle with China, the world’s top buyer of the oilseed. Last

Daily Network News

U.S. grains: Soybeans mixed on doubts over Chinese demand

Tyson Foods to close U.S. beef plant as cattle supplies dwindle

U.S. livestock: Cattle futures dip as Brazilian beef tariffs lifted

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