Brazil | Red River Farm Network

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,"…

Mitsui & Co to Close Brazilian Commodity Business

Published May 8, 2018

The Japanese trading firm, Mitsui & Company, plans to close its Multigrain business unit in Brazil by the end of the year. Mitsui was a part of a joint venture with CHS before acquiring 100 percent ownership in Multigrain for…

Brazil Meat Packer Purchases a Stake of National Beef

Published April 10, 2018

Brazil meat packer Marfrig Global Foods will purchase a stake of the U.S.-based National Beef Packing Company. The $969 million agreement will hand over 51 percent of the company to Marfrig and would create the world's second-largest beef processor. National…

Hopeful for a Positive Trade Resolution

Published April 5, 2018

The Chinese are saying the potential soybean tariffs are based on steps taken by the Trump Administration. China is the buyer for more than 60 percent of the total U.S. soybean exports. American Soybean Association Treasurer Bill Gordon is hopeful…

Articles tagged under: Brazil

Mixed Predictions for Brazilian and Argentine Production

Brazil Trucker Strike Near Chaos Conditions

Brazil Trucker Strike Ends

More Soybean Acres Expected in Brazil

A Big Brazil Bean Crop

Mitsui & Co to Close Brazilian Commodity Business

Brazil Meat Packer Purchases a Stake of National Beef

Hopeful for a Positive Trade Resolution

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