Nutrien Ltd, the world's largest producer of potash fertilizer, confirmed on Tuesday that it is indefinitely halting three blenders in Brazil, where it is trying to navigate difficult market conditions.
Tag Archives Brazil
Nutrien idles three blenders in Brazil ‘indefinitely’
Brazil floods hit food silos, disrupt routes to major grains port
Heavy flooding in southern Brazil has hit food storage facilities in lower areas while hampering the shipping of grains to port, jeopardizing the nation's exports and wreaking havoc to the economy of Rio Grande do Sul state, a large soy, rice, wheat and meat producer.
Just how big is Brazil’s soybean crop?
Expert’s Radar: Some perspective on this, and other issues
On a recent trip to Toronto, I could see the CN Tower from my hotel room. It looked impressive, but not that impressive given the view of nearby buildings appearing much larger than the thin tower in the distance. Then, looking back toward the hotel from two miles away and 114 stories in the air,
USDA, Conab widely differ on Brazil soybeans
There’s a rather wide difference between the United States Department of Agriculture and its Brazil counterpart, Companhia Nacional de Abastecimento (Conab) when it comes to Brazil soybeans.
USDA holds steady on Brazilian production estimates
Soybean and corn production in Brazil remains uncertain after a pair of conflicting reports released April 11.
Louis Dreyfus withstands commodity price drop to post stable profits
While less chaotic than 2022, war and weather continued to disrupt supply last year
Louis Dreyfus Company's (LDC) profits last year held close to the bumper levels of 2022, with the agricultural commodity giant saying its global trading network helped it withstand falling prices.
USDA raises U.S. carryout, tightens Brazilian production
World wheat carryout estimate downgraded, but well above previous year
Projected ending stocks of soybeans, corn and wheat in the United States were raised slightly higher in the latest supply/demand estimates from the United States Department of Agriculture, while production estimates for Brazil were revised lower.
U.S. grains: Soy, corn futures end higher after setting multi-year lows
Beneficial rains have eased concerns about crop damage in Brazil from drought
Chicago Board of Trade soybean futures dropped to their lowest level in more than two years on Thursday and corn futures set a three-year low before the markets turned higher on short covering and technical buying, analysts said.
U.S. grains: Soy futures drop near two-year low, corn sets three-year low
Wheat ended nearly unchanged after touching seven-week low on Tuesday
Chicago Board of Trade soybean futures tumbled near a two-year low on Wednesday as Brazilian crops benefited from improved weather and challenged U.S. exports on the global market, analysts said.
CBOT weekly outlook: USDA estimates, weather pulling prices down
Shipping costs due to re-routing away from embattled Red Sea also affecting markets
Corn and soybean contracts hit new lows, while wheat saw its weakest prices in nearly two months on the Chicago Board of Trade (CBOT) during the week ended Jan. 17.
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