Articles tagged under: Brazil
Brazil Elects New President
Published October 29, 2018
Jair Bolsonaro is a conservative and is often compared to U.S. President Donald Trump. During the campaign, Bolsonaro frequently criticized China, saying China should not be allowed to own land or control key industries in Brazil. China has spent billions…Near Record Brazilian Soybean Crop Expected
Published October 11, 2018
Brazil’s crop supply agency, CONAB, is expecting another record or near record soybean crop for the upcoming 2018/19 crop year. In the latest production estimate report, CONAB expects the soybean crop to range from 117 to 119.4 million metric tons,…Short-Term Trade Pain Could Have Long-Term Consequences
Published September 25, 2018
When it comes to trade, University of Minnesota Grain Marketing Specialist Ed Usset says short term pain may become long-term pain. "I am very concerned that even if tomorrow we all kissed and made up and got back to business…Brazilian Farmers Take Advantage of the Trade War
Published September 24, 2018
Soybean and Corn Advisor President Michael Cordonnier says South American farmers are trying to take advantage of the trade war between China and the U.S. "Brazilian farmers think they are in the driver's seat. I'd have to agree with them.…Global Poultry Prices Under Pressure
Published September 24, 2018
According to a Rabobank report, a historic drop in poultry exports from Brazil is shaking up trade in the commodity. Global poultry prices declined by an average of five-to-ten percent in the second quarter of 2018. While the prices are…U.S. Beans Still Needed to Meet Global Demand
Published September 21, 2018
Brazilian ag consultant Kory Melby expects China to need more U.S. soybeans this fall. "It looks like China needs up to 10 million tons of soybeans for the fourth quarter and until Brazil can come on line again in February,…Trucking Issues Continue in Brazil
Published September 6, 2018
The Brazilian government has raised the minimum truck freight rates by an average of five percent. The government stepped in with a plan to address freight rates to end a trucker strike in late May. Brazilian farm groups are upset,…ADM Expands Presence in Brazil
Published August 17, 2018
Archer Daniels Midland has an agreement to purchase two oilseed processing plants in Brazil. The deal is expected to be wrapped up by the end of the year. In addition to the new crush facilities, ADM also gains access to…Brazilian Judge Halts Glyphosate Use
Published August 14, 2018
A Brazilian judge has halted new registrations of products containing glyphosate. According to a Reuters report, existing registrations will be suspended while the Brazilian government reevaluates the toxicity of glyphosate products. Brazil’s public health agency and Agriculture Ministry have announced…