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Montevideo, June 6th 2025 - 11:50 UTC

Tag: Brazil soybean

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

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

    After a slow start, the rainy season has been beneficial for the soybeans since early November and as a result, Conabs soybean estimate could move higher. Pic: Cadu Gomes/CB/D.A Press

    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

    Agroconsult estimates a 3% rise in soybean planted area, to a record 35 million hectares, as more farmers opted to plant the oilseed instead of corn

    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

    Projection is that Brazilian soybean production will decline from 113.93 million tons of soybeans in the 2016-2017 harvest to 107 million tons in the 2017-2018 harvest.

    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

    Local prices to growers are down 29% from a year earlier, so farmers are stashing soybeans anywhere they can rather than sell, which is creating a storage crunch

    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

     Exports boosted by a record soy crop and rising auto sales reached US$ 19.8bn and imports US$ 12.2bn

    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

    Brazil, world’s largest soybean exporter, is expected to reap a record harvest of more than 100 million tons this year, according to government and private estimates

    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

    Agroconsult estimates Brazil soybean production at 102.6 MT for 2016/2017, which would  be in line with the 103.5 MMT  estimate by Brazil’s CONAB

    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’s CONAB has raised its soybean production estimate to 103.5 MMT, an increase of 1.9 MMT, and also increased soybean exports by 5 MMT

    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.

  • Tuesday, July 5th 2016 - 07:31 UTC

    Brazil manages US$23.6bn trade surplus in the first half of the year

    The director of the Department of Statistics and export support, Herlon Brandao, said that exports totaled US$ 90.2 billion in the first half.

    Brazilian exports exceeded imports by US$23.6 billion in the first half of the year - a record for the period. In addition to the basic products, sales grew strongly with the sale of vehicles for Latin America. The data were released by the Ministry of Industry Trade and Services.

  • Tuesday, June 14th 2016 - 08:32 UTC

    Brazil and Argentina crop problems raise demand for US supplies

    USDA trimmed its 2015/16 Brazil corn harvest outlook by 3.5mmetric tons to 77.50m metric tons and its Brazil soy harvest outlook by 2m metric tons to 97m tons

    Domestic supplies of corn and soybeans will be tighter than expected in the United States as problems with crops in Brazil and Argentina have raised demand for U.S. supplies from overseas buyers, the U.S. Agriculture Department. In its latest monthly supply and demand report, the government cut its new-crop and old-crop ending stocks outlooks for both corn and soybeans by more than analysts had forecast.