Tag: Brazil soybean

• Monday, June 4th 2018 - 07:06 UTC

  Truckers strike is estimated to have cost Brazilian agriculture some US$ 1.77 billion

  

  The 10-day-long Brazilian striking truckers protests are winding down and companies from meatpackers to soy crushers are resuming operations. Some problems persist in some sectors and will need time to recover. Primary estimates of losses for farmers' sector could reach US$ 1.77bn

• Thursday, February 22nd 2018 - 09:20 UTC

  US share of global sales of soybean and grains to shrink as South American competition grows

  

  The U.S. Department of Agriculture sees U.S. corn and soybean exports generally increasing over the coming decade but the U.S. share of global sales will shrink as competition from South American producers heats up, the government said in its annual report.

• Friday, February 9th 2018 - 20:18 UTC

  Brazilian current soy crop estimated at 110.4m tons, but 3.2% less than last year

  

  In their latest monthly report, Conab (National Supply Company) increased their estimate of the 2017/18 Brazilian soybean crop by 1.2 million tons and they slightly increased their Brazilian corn estimate. Conab is now estimating the 2017/18 Brazilian soybean crop at 110.4 million tons which is 1.2 million tons more than last month's estimate (109.1 million tons). If realized, the 2017/18 crop would be 3.6 million tons lower than the 114.0 million tons produced last year (-3.2%).

• Monday, November 27th 2017 - 12:16 UTC

  Brazil expects to harvest 111 million tons of soybeans in 2017/18 season

  

  Brazilian farmers are expected to collect 111 million tons of soybeans in the 2017/18 season, said consultancy firm Agroconsult, maintaining the same forecast it released in September.

• Wednesday, September 13th 2017 - 10:27 UTC

  Brazil's 2016/17 crop reached 238.7 million tons: 114 million tons of soybean

  

  Brazil's 2016/2017 crop is expected to reach 238.7 million tons which is 28% higher than the previous year, because of better climate conditions and improved productivity, according to Conab, the country's agriculture stats and food supply company. This includes 114 million tons of soybeans and 97.71 million tons of corn.

• Thursday, July 6th 2017 - 10:17 UTC

  Soybeans and corn record crops challenge Brazil's storage capacity

  

  Brazilian farmers are discovering a serious obstacle to becoming one of the world’s top producers of soybeans: they’re running out of room to store all the unsold supply. The biggest harvest in the country’s history is poised to leave domestic inventories at a record, data from the processors’ group Abiove show.

• Sunday, June 4th 2017 - 12:07 UTC

  Brazil record trade surplus and industrial production up 0.6% in April

  

  Encouraging news for Brazil's economic recovery: industrial output increased in April for the first time since December and the trade surplus rose to a record US$ 7.661bn during May, according to government data. Exports boosted by a record soy crop and rising auto sales reached US$ 19.8bn and imports US$ 12.2bn

• Wednesday, January 4th 2017 - 11:12 UTC

  Good weather prospects for Brazil's anticipated record soybean crop

  

  Rain showers forecast for this week should benefit soybean crops across Brazil and should not be heavy enough to hamper harvesting of the first shipments of the 2016-17 season, meteorologists said on Tuesday.

• Tuesday, November 29th 2016 - 08:37 UTC

  Brazil anticipates soy exports of 60m tons and 30m tons of corn from 2017

  

  Brazil is getting ready for a blockbuster 2017 harvest and booming exports, amid favorable weather forecasts, according to recent estimates. With a plentiful harvest expected, Brazil’s National Grain Association predicts grain exports will rebound, with soybean exports of 60 MT in 2017, compared with some 51 MT for 2016. Corn exports will increase to 30 MT, compared with some 18.5 MT in 2016, the association reported.

• Wednesday, November 16th 2016 - 08:55 UTC

  Brazil and Argentina crop and yield estimates on the increase

  

  Brazil and Argentina production estimates are going up, but hailstorms ruined soybean and corn crops in Argentina’s Santa Fe Province. However, La Niña is forecast to be relatively mild this year, according to NOAA forecasters.