Tag: Brazil soybean

Brazil soybean
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.

Friday, December 12th 2014 - 07:06 UTC

Brazil hikes soybean harvest estimate by 5.3m to 95.8 million tons

Total plantings were estimated at 31.7m hectares, some 370,000 hectares above the mid-point of the range that Conab had estimated

Brazil's commodities bureau, Conab hiked by 5.3 million tons to 95.8 million tons its forecast for the country's soybean crop, reversing the negative trend in harvest forecasts, citing the benefit from rains in some southern areas. The previous estimate for the crop to be harvested early next year was 90.5m tons.

Friday, September 19th 2014 - 07:19 UTC

Brazilian 2013/14 grains and oilseeds crop reached a record 195.46 million tons

The soybean output was confirmed at 86.12 million tons, a new record, with 31.6 million hectares planted

The Brazilian production of grains in 2013/2014 has reached 195.46 million tons, according to the country’s National Supply Company, Conab. The number is a 3.6% (6.8 million tons) increase compared to the previous season.

Thursday, July 17th 2014 - 06:24 UTC

Brazil looking ahead to another year of record grains crop: 192.5 million tons

 Soy, corn and rice take up 85% of the planted area and 91% of total production

Brazil which has become one of the world’s food powerhouses is forecasting a record harvest of 192.5 million tons of grains, up 2.3% over the previous period, according to the latest report from the Brazilian Stats and Geography Institute, IBGE.

Thursday, June 12th 2014 - 06:30 UTC

Brazil increases cultivation area and expects record grain harvest in 2014

Soybean, corn and rice are the main items making up 91% of the entire harvest

Brazil, one of the world's leading agricultural producers, expects a record grain harvest this year of 192.3 million tons, up 2.2% from 2013, the IBGE statistics agency said this week.

Wednesday, April 23rd 2014 - 05:37 UTC

Brazil anticipates lower soy exports because of a weaker Chinese demand

Anyhow the export volume is expected to reach 43 million tons

Brazilian soy crushing association Abiove said on Tuesday the nation would export 43 million tons of soybeans from this season's nearly harvested crop, down from its forecast of 44 million tons a month earlier due to weaker Chinese demand.

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.


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