Articles tagged under: Brazil
Brazil May Import U.S. Beans to Satisfy Global Demand
Published July 6, 2018
Brazil hasn’t been able to capitalize on the China-U.S. trade war in a big way yet. Brazilian agricultural consultant Kory Melby says soybeans are starting to move, but slowly because of the new truck freight rates. "It's been very difficult to…China Could Cancel U.S. Soybean Shipments
Published July 6, 2018
As the world’s top soybean buyer, China has yet to take delivery of about 1.14 million metric tons of U.S. soybeans booked for the current marketing year. USDA reported that China recently resold 123,000 tons of committed deliveries to Bangladesh…Harvest Progressing in Brazil
Published July 2, 2018
Brazilian farmers have harvested about ten percent of its second-crop corn. The analytical firm, AgRural, released that estimate on the Safrina corn crop. This harvest pace is behind last year’s 16 percent and the five-year average of 13 percent.A Logistical Mess in Brazil
Published June 25, 2018
The movement of soybeans to port and fertilizer away from Brazilian ports by truck is at a standstill. Soybean and Corn Advisor President Michael Cordonnier says it’s a logistical mess. "The problem now is dispute over the freight rates. When…Mixed Predictions for Brazilian and Argentine Production
Published June 12, 2018
USDA is forecasting Brazilian corn production at 85 million metric tons. That’s down two million tons from last month, but was within trade expectations. Brazilian soybean production is estimated at 119 million metric tons, up two million tons from last…Brazil Trucker Strike Near Chaos Conditions
Published May 30, 2018
Brazilian agriculture consultant Kory Melby says the trucker strike resulted in near chaos conditions in Brazil. "They got a little power hungry and are augmenting their demands. All of that is so out of Brazilian character. No one really knows…Brazil Trucker Strike Ends
Published May 28, 2018
The Brazilian government is conceding to the demands of truck drivers, ending a seven-day strike. As a result, the government will subsidize the cost of diesel fuel for the next two months. On Thursday, a deal seemed to be in…More Soybean Acres Expected in Brazil
Published May 17, 2018
Early sales of fertilizer in Brazil indicate an increase of soybean acres for 2019. Brazilian Agriculture Consulting owner Kory Melby cites Brazil’s national fertilizer association which is reporting a 25 percent increase year-over-year for April fertilizer sales. “Historically, that gives…A Big Brazil Bean Crop
Published May 10, 2018
Brazil’s crop supply agency, CONAB, raised Brazil’s 2018 soybean production to 117 million metric tons in Thursday’s report. Brazilian ag consultant and former Greenbush, Minnesota native, Kory Melby, says the soybean crop just keeps getting bigger. “Pre-report analysts nailed it,"…