Articles tagged under: Brazil
Resolution Expected on Brazilian Tariff on U.S. Ethanol
Published September 7, 2020
Heading into the holiday weekend, Agriculture Secretary Sonny Perdue said an announcement is forthcoming that will resolve a tariff dispute between the U.S. and Brazil. At the end of August, Brazil’s tariff rate quota moved to 20 percent on U.S.…South American Corn Production Unchanged in June USDA Report
Published June 11, 2020
USDA raised left South America’s corn production unchanged with Brazil’s crop pegged at 101 million tonnes and Argentina’s corn crop at 50 million tonnes. Globally, old crop soybeans were estimated at 99.2 million tonnes, down from 100.3 million in May.…Instability in Brazil Could Bring More Business to U.S.
Published May 15, 2020
Bower Trading President Jim Bower is keeping an eye on the Brazilian government and economy. Bower says Brazil is experiencing some major instability that could have major market impacts. "Brazil is having problems with their president and leadership. They assassinated…Global Corn Production May Also Hit a Record
Published May 12, 2020
USDA expects record world 2020/21 corn production and use and larger ending stocks. Ending stock are expected to be 339.6 million metric tons. Global soybean production is forecast to be up 26.6 million tonnes to 362.8 million, with the Brazil…CONAB Lowers Soybean Production Estimates
Published April 9, 2020
Brazil’s government crop supply agency CONAB lowered its soybean production estimate by two million tonnes from its March estimate. CONAB now expects Brazil’s farmers to harvest a record 122 million metric tons of soybeans, down from 124 million metric tons…Melby: Brazil Soy Production Still Strong
Published April 8, 2020
Brazil’s soybean crop is expected to be slightly smaller due to dryness in southern Brazil. However, Brazilian Ag Consulting owner Kory Melby says northern Brazil will more than make up for a reduction in the southern production. "A few million…Record South American Soybean Crop Still Expected
Published March 16, 2020
Soybean and Corn Advisor President Michael Cordonnier says hot, dry weather is taking its toll on Argentina’s soybean crop. "It's been hot and dry about three weeks. It's hitting the soybeans as they're filling pods and it's really taken a…No Major Changes Made in March WASDE Report
Published March 10, 2020
As expected, the USDA didn’t make major changes in the March World Agricultural Supply and Demand Estimate report. U.S. wheat, corn and soybean production and ending stocks were all unchanged from the February report. USDA did raise global oil seed…A Trade Deal for the U.S. and Brazil?
Published March 9, 2020
President Trump met with Brazilian President Jair Bolsonaro this weekend in Florida. According to a joint statement that was released after the meeting, the two sides will discuss a bilateral trade package later this year.