Articles tagged under: South America
South America Bottleneck Sending Business to United States
Published February 10, 2022
Van Ahn and Company CEO Jim Emter says there is a bottleneck in South America’s soybean exports. That's sending buyers to the United States. "Right now, the U.S. is cheaper than Brazilian soybeans out of the United States Gulf. You…USDA Lowers South America Production Slightly in February WASDE
Published February 9, 2022
In the February Supply and Demand report, the USDA lowered Brazil’s soybean ending stocks by six million metric tonnes to 134 million tons. USDA lowered Brazil’s corn ending stocks by one million tonnes to 114 million tonnes. USDA kept Argentina’s…China Makes More U.S. Grain Purchases Amid New Year Celebrations
Published February 4, 2022
USDA announced an old crop soybean sale of 380,000 metric tons to unknown destinations on Wednesday . Martinson Ag Risk Management President Randy Martinson says most traders suspect that's China. "It's impressive China is in buying oilseeds at a time…Soybean Markets Stronger on South American Production Concerns
Published February 1, 2022
South American soybean production is at risk this year, due to the drier than usual conditions. "A couple of prominent research teams lowered their South American soybean estimates this week. That means more buyers will come to the United States…Waiting on More Details About South America’s Crop
Published January 31, 2022
The soybean market is holding firm as traders wait for South America's production numbers. Total Farm Marketing Senior Market Advisor Naomi Blohm says there is a lot of uncertainty for traders. "I don't know how much higher soybeans can go,…Growing Concerns About the South American Crop
Published January 26, 2022
The northern growing regions of Brazil are expected to have good yields. NDSU Extension Marketing Education Specialist Frayne Olson says the southern crop growing areas of Brazil are dry. "We're starting to take yield potential and total production out of…Brazil Farmers Hesitant to Sell Soybeans
Published January 25, 2022
China is trying to make the switch to buying mostly Brazilian soybeans, but that hasn't happened yet. StoneX Group Chief Commodities Economist Arlan Suderman says Brazilian farmers don’t want to sell their soybeans yet. "Farmers are bulled up, because of…Market Influenced by Weather and Global Tension
Published January 24, 2022
South American weather remains a major driver of the corn and soybean markets. Progressive Ag Marketing market analyst Bryan Strommen says the recent rains in the southern parts of Brazil and Argentina were welcome "but there's also a lot of…Traders Await the South American Export Demand Shift
Published January 23, 2022
South America received good rains in mid-January, alleviating late season production concerns. Along with the weather, StoneX Group market analyst Phillip Claussen says traders are monitoring export demand. "Like most years in January or February, there's an eye on South…