Tag: Brazil soybean

Saturday, December 17th 2022 - 07:09 UTC
Fears of a record breaking global soybean harvest, and insufficient demand

Brazil is on track for a record-high Brazilian soybean harvest in the marketing year 2022-23 (January-December 2023), based on forecasts from commodity consultancies and government-owned institutions. The likely estimate means a looming oversupply expected to remain until at least mid-2023.
Monday, November 21st 2022 - 10:13 UTC
Brazilian 2022 exports of soybean estimated to reach 78 million tons, and corn some 40 million tons

Brazil’s soybean exports are expected to reach 78 million tons this year, 9.3% down from 86.3 million tons in 2021, according to the grain exporters’ association Anec. But the figure is 2.5 million tons higher than the previous 75.5 million tons estimate for full-year soybean shipments.
Friday, August 5th 2022 - 08:47 UTC
Brazil soybean exports down 8,87% in first half of 2022 compared to 2021

Brazil shipped 55.1 million tons of soybeans in the first half of 2022, which is 8.87% less than in the same period of 2021 (60.5 million tons), according to the National Association of Cereal Exporters. (Anec).
Tuesday, July 12th 2022 - 19:32 UTC
Brazilian record corn crop stored in the open; 11 million tons of soybeans remain unsold

Warehouses in Brazil are still full of soybeans, harvested just a few months before corn. In the state of Mato Grosso, soybean production was high this season, but at the same time sales are slower than usual, leaving warehouses with no space for corn, according to Cleiton Gauer, superintendent of the Mato Grosso Institute of Agricultural Economics (IMEA).
Tuesday, May 3rd 2022 - 08:01 UTC
Brazil ready to take advantage of the “food inflation” despite higher production costs

Soybeans, corn, sugar, coffee, beef, pork, and chicken are the main goods in Brazil’s export portfolio, and should benefit from the current 'food inflation' in world markets until probably 2023, says analyst Elizabeth Johnson from the TS Lombardy consultancy.
Thursday, August 5th 2021 - 08:44 UTC
Brazilian farmers plan to expand soybean area; protein producers short of corn import from Argentina

Brazilian farmers are planning to expand their soy area for the 15th consecutive year, according to a survey by consulting firm Datagro. The world’s largest soybean producer and exporter will increase the area sown by 4%, to 40.57 million hectares in the 2021/2022 season.
Monday, July 26th 2021 - 17:50 UTC
Brazil targets 300 million tons of grain for the 2024/25 harvest

Brazil should collect more than 300 million tons of grain by the 2024/25 harvest, three seasons earlier than initially planned, according to new projections by the Ministry of Agriculture. The previous forecast was to reach the target in the 2027/28 cycle.
Friday, February 5th 2021 - 18:26 UTC
Brazil anticipates bumper soybean and corn crops despite late drought

Brazil expects to harvest bumper soybean and corn crops in spite of planting and harvesting delays in 2020. A drought late last year delayed sowing of Brazil’s soybeans, and excess rainfall disrupted harvesting in January. This delayed delivery of grain to trading companies and affected Brazil’s ability to export.
Monday, December 7th 2020 - 08:59 UTC
Brazil has sold in advance 56,5% of its 2020/21 soybeans crop

Brazilian farmers have sold 56.5% of their beans in advance through December 4, Safras & Mercado, an agribusiness consultancy, said in a statement last Friday. Considering Brazil is poised to collect 133.517 million tons of the oilseeds this season, the volume of pre-sold soy amounts to an estimated 75.403 million tons, Safras said.
Thursday, June 11th 2020 - 08:00 UTC
Brazil forecasted to harvest 245,9 million tons of cereals and oil seeds

According to the Systematic Survey of Agricultural Production (LSPA), released on Tuesday, June 9th, by the IBGE, the country will harvest 245.9 million tons of cereals, legumes and oilseeds by the end of the year, up 1.8% (4.4 million tons more) compared to 2019.