Tag: Brazil soybean

Brazil soybean
Tuesday, July 5th 2016 - 07:31 UTC

Brazil manages US$23.6bn trade surplus in the first half of the year

The director of the Department of Statistics and export support, Herlon Brandao, said that exports totaled US$ 90.2 billion in the first half.

Brazilian exports exceeded imports by US$23.6 billion in the first half of the year - a record for the period. In addition to the basic products, sales grew strongly with the sale of vehicles for Latin America. The data were released by the Ministry of Industry Trade and Services.

Tuesday, June 14th 2016 - 08:32 UTC

Brazil and Argentina crop problems raise demand for US supplies

USDA trimmed its 2015/16 Brazil corn harvest outlook by 3.5mmetric tons to 77.50m metric tons and its Brazil soy harvest outlook by 2m metric tons to 97m tons

Domestic supplies of corn and soybeans will be tighter than expected in the United States as problems with crops in Brazil and Argentina have raised demand for U.S. supplies from overseas buyers, the U.S. Agriculture Department. In its latest monthly supply and demand report, the government cut its new-crop and old-crop ending stocks outlooks for both corn and soybeans by more than analysts had forecast.

Monday, February 22nd 2016 - 08:28 UTC

Brazil heading for a record crop of 100 million tons of soybeans

March is the main month for harvesting. Soybeans are booming in Brazil, with this year’s crop expected to be 15% larger than two years ago.

As the soybean harvest gets under way in Brazil, analysts are having a clearer picture of whether the forecast record-setting crop will hit the century mark of 100 million tons despite hot and dry weather in Mato Grosso and northeastern Brazil as pods set and fill.

Saturday, January 16th 2016 - 10:00 UTC

US Dept of Agriculture studying Brazil's success as an agricultural powerhouse

In recent years Brazil has risen to the number one position as an exporter of soybeans.

Over the last 25 years, the US farmer has become increasingly aware of the impact of South American agricultural output on the global supply of grains and oilseeds. For example, in recent years Brazil has risen to the number one position as an exporter of soybeans.

Tuesday, December 15th 2015 - 08:36 UTC

Brazil in recession, but farming is booming with the 29% fall of the Real

Brazil has become the world’s largest exporter of soybeans, beef, coffee, sugar and orange juice.

Financial and political turmoil that have Brazil on the brink of a depression is also contributing to one of the best years ever for domestic farmers. Economic stress and a weak currency has facilitated export revenue for everything from soybeans to beef to coffee.

Monday, December 14th 2015 - 08:17 UTC

Brazil's harvest for 2016 estimated at 209.3 million tons, slight drop from 2015

 The harvest includes 101.5 million tons of soybeans; 28.8 million tons of corn and 12.2 million tons of rice.

Brazil's harvest in 2016 will reach 209.3 million tons, which is 0.5% less than in 2015 according to the estimates from the Brazilian stats institute, IBGE. The fall is related to less crops of oilseeds, cereals and legumes in the centre west of the vast country, which is also the main farming area, as well as in the north.

Thursday, November 12th 2015 - 10:04 UTC

Brazil increases soybean forecast output to 102.8m tons for the 2015/16 season

Growers may reap between 101.2 million to 102.8 million metric tons of the oilseed in the 2015-2016 season, Conab said this week.

The Brazilian government increased its forecasts for what’s already expected to be a record season for soybean output and exports as farmers expand the planted area while yield prospects rise on above-average rainfall.

Tuesday, November 10th 2015 - 06:33 UTC

FAO food commodity prices rose in October 3.9%, but 16% down from a year earlier

Forecast for global wheat production has been raised, largely reflecting a bigger harvest in the European Union than earlier anticipated.

The FAO Food Price Index averaged nearly 162 points in October, up 3.9% from September, while still down 16% from a year earlier. FAO's latest Cereal supply and Demand Brief slightly trimmed its October 2015 forecast for global cereal production and now projects production at 2.53 billion tons, 1.1% below last year's record output

Wednesday, April 15th 2015 - 07:37 UTC

Brazil raises estimates of corn and soybean harvests, helped by late rainfall

While early-sown soybeans were hit by a “scarcity of rainfall”, precipitation arrived in time for the flowering and grain-filling period for later planted crop.

Brazil raised estimates for both its corn and soybean harvests, citing rains which had come in time to boost yields of later planted crops, besides boosting expectations for safrinha corn. The official Conab crop bureau lifted by 1.0m tons to 94.3m tons its estimate for Brazil's soybean production in 2014-15, as late rainfall helped results “surprise positively” in particular in central areas.

Wednesday, February 18th 2015 - 03:56 UTC

Brazil's corn and soybean crops flattening out influenced by climate conditions

Conab said that the forecast of a “slight reduction” in safrinha corn sowings reflected the knock-on effects of the delayed soybean sowing season

Brazil's sowings of safrinha corn are to fall for the first time in seven years, Conab (National Supply Co.) said, cutting its forecast for the country's overall production of the grain, and lowering hopes for the soybean harvest too.

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