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Tag Archives: Brazil

CHINA TURNS TO BRAZIL TO FILL U.S. SOYBEAN VOID

The Chinese are purchasing record numbers of Brazilian soybeans due to the trade dispute with the United States. China is willing to pay higher prices for Brazilian beans, thus impeding purchases of U.S. crops during their peak marketing season. (Reuters)

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BRAZIL FARMERS VIE FOR SOY CONTRACT

The trade war between China and the United States has Brazilian farmers vying for a soybean futures contract with top soy importer, China. Creating a contract would be relatively simple and would only require a definition of standards relative to price, quality, and quantity. (Reuters)

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#SOYBEAN FUTURES HIT SIX-MONTH HIGH

A truckers’ strike in Brazil, flooding in Argentina and an influx of investment in commodity markets here all came together this week to send soybean futures to a six-month high. “There’s a significant amount of interest in the ag sector of the commodity market,” said trader Jim Bower, who added that he believes the soybean… read more

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DRY DOWN SOUTH

It’s dry in Mato Grosso, Brazil – Brazilian farm consultant Kory Melby writes in his blog this week.  He says there are small chances for rain next week, but he sees yield damage ahead if the rains don’t materialize.

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US SOYBEAN EXPORTS SLOWING

Despite abundant supplies, U.S. soybean exports for the current marketing year (September/August) are forecast down from last year, due largely to greater competition from Brazil. Soybean production in Brazil is forecast to reach a record 100 million metric tons this year.

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CHINA AND ETHANOL

GROWMARK Energy says China has been increasing ethanol imports from both the U.S. and Brazil, but the volume has not been stable. It is believed they are using most of it to blend into gasoline.

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U.S. SOYBEAN FARMERS LOSING OUT TO BRAZIL IN WORLD EXPORT MARKET

American soybean farmers are beginning to harvest what’s expected to be their second-biggest crop. At the same time, they’re seeing their share of the global export market shrink, reflecting the growing interdependence of Brazil and China in agricultural trading, as reported by Bloomberg News.

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BRAZIL TRUCKS

A widespread work stoppage by Brazilian truckers continues roiling global soybean markets, boosting prices that had been deflated for months.

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TRUCK STRIKE IN BRAZIL

A truck drivers strike blocking several roads in Brazil has slowed soy and corn deliveries at the southern port of Paranagua, the second largest grains export hub in the country.

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GOOD OUTLOOK

Dryness concerns in parts of Brazil likely won’t have a major impact on South American soybean production, according to industry experts at this week’s MID-CO Outlook Conference.

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