Tag: Brazil soybean

Brazil soybean
Friday, April 4th 2014 - 07:35 UTC

Brazilian congress strikes down new taxes on the domestic soy market

The country is the world's leading exporter of soybeans

Brazil's Congress struck down this week a proposal to impose new taxes on the internal soy market after fierce opposition from the country's agricultural sector. An amendment to apply a tax known as PIS/Cofins on soybean sales to some domestic buyers had been removed from a bill to simplify taxation of Brazilian companies abroad that was passed by the lower chamber late on Tuesday.

Thursday, October 31st 2013 - 03:49 UTC

Greater ports congestion forecasted in Brazil with record soy crop and delayed sugar shipments

“The real choke-point in Brazil’s infrastructure is the capacity to load grain at the ports”

Brazil’s delays loading soybeans for export may worsen in 2014 due to a bigger crop and as some grain facilities are used for sugar shipments, crop analyst Soybean & Corn Advisor Inc. said.

Thursday, October 17th 2013 - 21:09 UTC

New highway in clogged-Brazil opens more possibilities for grain exports

Last year ships in ports on the southern coast had to wait for 60 days to load grains

A highway, decades in the making, will finally open in Brazil offering a shortcut through the Amazon jungle to north-eastern waterways for the growing corn and soybean trade. The BR-163 highway connecting Mato Grosso state's soy belt to two key river ports will boost grain exports by some 3 million tons next year, offering a bit of relief to congested ports in the southeast, where most shipments originate.

Wednesday, July 31st 2013 - 06:00 UTC

Brazil’s next soybean crop expected to increase 9% to a record 89.1 million tons

Matto Grosso the country’s leading soybean producing state is expected to add another 592.000 hectares

Brazil’s 2013/14 soybean crop that starts planting in September is expected to grow by 9% under normal weather conditions to a record 89.1 million tons, local crop analyst AgRural said in a release.

Wednesday, July 10th 2013 - 17:35 UTC

Brazil’s research company which turned the country into world breadbasket turns 40

Mauricio Lopes, Embrapa's recently-appointed president

Embrapa (Empresa Brasileira de Pesquisas Agropecuarias) created tropical agriculture in Brazil, thus allowing the country to become the giant food producer it is today. Hailed for the work done in adapting soybeans to the hot, humid, acidic climes of the Cerrado savannah, where nearly 17% of the world's beans are now cultivated, the state-run research company is a national treasure.

Thursday, June 6th 2013 - 06:06 UTC

Brazil signs bill expanding private sector participation in the clogged ports

Chief of staff Gleisi Hoffmann said 12bn dollars in investments are in the pipeline

Brazilian President Dilma Rousseff signed into law on Wednesday new regulations to make its ports more efficient and attract up to 12 billion dollars in investments as the country finally begins to tackle logistics bottlenecks hampering vast farm exports.

Tuesday, April 2nd 2013 - 20:15 UTC

Brazil’s boom crops expose port congestion and lack of infrastructure

Soybean production in one year jumped from 65 million to 82 million tons

Brazil’s soybean production has reached record levels this season which could make the country the world’s leading producer but port congestion and lack of storage capacity are impeding exports of soybean as producers fear losing international markets.

Thursday, March 7th 2013 - 06:33 UTC

US soy exports with a price edge over Brazil plagued with logistical shipment problems

In Paranagua, waiting times for ships loading soy beans reached a peak of 45 days in 2012

US farm officials forecast a tough autumn battle between Brazilian and US soybean exports, as Brazil attempts to make up for a poor start to 2012-13, with shipments hurt by logistical hiccups. US Department of Agriculture staff in Brasilia, while cutting their forecast of the Brazilian soybean crop to 82.5m tons, stood by a forecast of soybean exports of 39m tons for 2012-13, report agrimoney.

Saturday, January 5th 2013 - 05:41 UTC

Blackouts and agriculture collapse forecasted in drought stricken north-east Brazil

Despite President Rousseff’s ‘ridiculous’ comments, hydro-power in the north-east is below generating capacity

North-east Brazil is suffering its worst drought in decades, threatening hydro-power supplies in an area prone to blackouts and potentially slowing economic growth in one of the country's emerging agricultural frontiers.

Thursday, January 3rd 2013 - 15:41 UTC

Brazil posts smallest annual trade surplus since 2002; sales to Argentina drop 20.7%

Soy beans and iron ore remain Brazil’s main export items

Brazil posted its smallest annual trade surplus in a decade last year as a sluggish global economy curbed demand for its products despite government efforts to boost exports. Brazil's trade surplus fell 35% to 19.44 billion dollars from the prior year, the weakest performance since 2002, Trade Ministry data showed on Wednesday.


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