Tag: Brazil soybean

• 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.

• Saturday, February 22nd 2020 - 09:24 UTC

  Intense rains in Brazil limiting soybean harvest and delaying exports

  

  Intense rains in parts of Brazil have limited the advance of the soybean harvest over the past few days while also delaying exports of the oilseed, agribusiness consultancy Arc Mercosul said on Friday.

• Friday, September 13th 2019 - 19:17 UTC

  Brazil's soybean and corn sowing seasons delayed because of very dry conditions

  

  Brazil’s soybean sowing season for the 2019-20 harvest is officially underway, but there might not be too many planters out in the fields just yet as conditions are extremely dry.

• Tuesday, August 27th 2019 - 11:47 UTC

  Argentina and Brazil replacing US as main soybean suppliers of China

  

  Amid trade tensions with the US, China's July soybean imports from Argentina increased 328% month on month and 269% year on year to 1.07 million metric tons, according to customs data.

• Friday, August 9th 2019 - 08:27 UTC

  Soybean sales in Brazil booming helped by a weaker currency and port premiums

  

  The price of Brazilian soybeans in local currency reached the highest level in almost two months, driven by a spike in port premiums for soybeans and a weaker currency, both caused by the trade dispute between China and the United States.