Articles tagged under: South America
Traders Focus More on South America Weather
Published December 4, 2019
Traders will focus more and more on the South American Crop as we move further into December. Northstar Commodity Chief Analyst Mark Schultz says so far South American weather has been favorable for the crops. "Brazil looks good. There's plenty…Grain Traders Shifting Focus Toward South America Soon
Published November 6, 2019
Bower Trading President Jim Bower says once Friday’s USDA reports are released, the focus of traders will quickly shift to South American production. "Argentina has dry issues like Brazil, but with the next storm fronts approaching, it looks like 80…A Corn and Soy Boost for South America
Published May 10, 2019
USDA bumped Argentina’s corn production in the May Supply and Demand report from April estimate of 48.2 to 49 million tonnes. Brazil’s corn production increased from 96.6 million tonnes to 100 million tonnes. Brazil’s soybean production is estimated at 117…South America Seeks Infrastructure Improvements
Published May 2, 2019
Recently, House Agriculture Committee Chairman Collin Peterson led a delegation to South America. The group learned during meetings that South America is seeking billions in private investments to improve infrastructure. In particular, the country is seeking to expand the capacity…USDA South American Production Estimates Mostly Unchanged
Published March 8, 2019
USDA reports Argentine corn production is at 46 million metric tons, unchanged from one month ago. This is also close to trade expectations. Soybean production is at 55 million metric tons, unchanged from one month ago and slightly below trade…Dry Conditions Taking Toll on Brazil Crops
Published January 18, 2019
South American weather continues to have influence in the grain markets, though not much has changed for the weather outlook. World Weather Incorporated Senior Agricultural Meteorologist Drew Lerner says it's still pretty dry in Brazil. As a result, Brazilian corn…Global Demand Growth Expected for Frozen Potatoes
Published January 14, 2019
During the Potato Expo, the new CEO of J.R. Simplot Company, Garrett Lofto, visited with the Red River Farm Network about the future of the company and how trade is impacting the business. Lofto said global demand for frozen potato…INTL FCStone Lowers Brazil Soybean Production Estimates
Published January 4, 2019
INTL FCStone lowered its Brazilian soybean production estimate from last month. INTL FCStone market analyst Phillip Claussen says dry weather is taking a toll on the soybean crop. "There's pretty good heat and some lack of moisture in parts of central…Brazilian Farmers Take Advantage of the Trade War
Published September 24, 2018
Soybean and Corn Advisor President Michael Cordonnier says South American farmers are trying to take advantage of the trade war between China and the U.S. "Brazilian farmers think they are in the driver's seat. I'd have to agree with them.…