South America | Red River Farm Network

Grain Traders Keep an Eye on La Nina’s Impact on Global Production

Published September 25, 2021

Global corn and soybean ending stock numbers are tight enough that grain traders are watching for any hiccups in production. Bower Trading President Jim Bower says that includes how the developing La Nina impacts South American production. "If Brazil and…

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Traders Keep a Close Eye on South American Production

Published May 13, 2021

In the May WASDE report, USDA left Argentina’s corn and soybean production unchanged at 47 million metric tons. At the same time, USDA lowered Brazil’s corn production estimate to 102 million metric tons. "I think the trade will assume this…

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USDA Lowers Brazil’s Corn Production, Argentina Crop Unchanged in May Report

Published May 12, 2021

In the May WASDE report, USDA lowered Brazil’s corn production at 102 million tonnes, down from 109 million in the April report. Brazil’s soybean production is estimated at a record 136 million tonnes, unchanged from the April report. USDA left…

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Pay Close Attention to South America

Published April 14, 2021

NAU Country Vice President of Farm Services Rich Morrison says traders continue to pay close attention to the South American crop for any production and supply issues. "The Brazilian crop estimates have been big. Looking out at the satellite maps…

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Harvest Delays Mean Yield Declines for South American Crop

Published March 10, 2021

A wet weather pattern continues for Brazil. World Weather Incorporated Senior Ag Meteorologist Drew Lerner says that’s not uncommon for this time of the year. The problem is the late planted soybeans. "If the planting had happened normally, this wouldn't…

USDA Boosts Brazilian Soybean Production in March Report

Published March 9, 2021

USDA made slight changes to South American production estimates in the March Supply and Demand report. Brazil’s corn production is estimated at 109 million tonnes, unchanged from February. Brazilian soybean production was raised one million tonnes from February to 134…

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Tight Crop Supplies Continue to Concern Grain Trade

Published March 4, 2021

Global Commodity Analytics and Consulting President Mike Zuzolo says grain traders are still nervous about tight supplies following Thursday’s USDA weekly Export Sales report. "Weekly export sales weren't as nearly as disappointing for the soybeans and the soybean meal. I…

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While Northern Brazil Struggles, Other Areas May Have Decent Crop

Published February 24, 2021

While the northern part of Brazil is struggling to get soybeans harvested, CHS Hedging market analyst Steve Wagner says the rest of the country will have a good crop. "It's not any different in South America than it is in…

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Brazil Harvest Delays Push Second Crop Corn Planting

Published February 24, 2021

Farmers in northern Brazil are struggling with wet weather and deteriorating crop conditions as harvest lags. Brazilian agriculture consultant Kory Melby says getting the second crop corn planted is a priority. "That is more worrisome than the soybeans, because the…

The U.S. May Import More Soybeans in 2021

Published February 22, 2021

U.S. Commodities President Don Roose thinks USDA is expecting an increase in soybean imports into the U.S. "I think they've already tipped their hand on that. Typically, we bring in 15 to 25 million bushels of soybeans. This year, we'll…

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Articles tagged under: South America

Grain Traders Keep an Eye on La Nina’s Impact on Global Production

Traders Keep a Close Eye on South American Production

USDA Lowers Brazil’s Corn Production, Argentina Crop Unchanged in May Report

Pay Close Attention to South America

Harvest Delays Mean Yield Declines for South American Crop

USDA Boosts Brazilian Soybean Production in March Report

Tight Crop Supplies Continue to Concern Grain Trade

While Northern Brazil Struggles, Other Areas May Have Decent Crop

Brazil Harvest Delays Push Second Crop Corn Planting

The U.S. May Import More Soybeans in 2021

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