Brazil Archives | Country Guide

U.S. livestock: Live cattle gain as slaughter rates, beef exports rise

October lean hogs up three-quarters of a cent

By P.J. Huffstutter August 13, 2020

Reading Time: < 1 minute Chicago | Reuters — Chicago Mercantile Exchange live cattle futures continued to rally Thursday, holding to a nearly six-month peak in prices, as exports to China also grew, traders said. China was a big buyer of U.S. beef in the latest week, with sales of 1,927 tonnes for the period through Aug. 6, the most […] Read more

Reuters

JBS invests $19-million in safety measures amid COVID-19 pandemic

By Ana Mano July 30, 2020

Reading Time: 2 minutes Sao Paulo | Reuters –Brazilian food processor JBS SA has invested more than 100 million reais ($19.3 million) in health, safety and contingency measures at all its Brazilian production units, according to a Wednesday company statement that comes as the novel coronavirus continues to ravage local meat plants. The company said the funds were invested […] Read more

Crops, Machinery, Reuters, Weather

Bayer launches carbon capture pilot for U.S., Brazilian farmers

Chem and seed firm expects to expand plan to other countries

By Karl Plume July 22, 2020

Reading Time: 2 minutes Chicago | Reuters — Bayer launched a pilot program in the United States and Brazil on Tuesday that will pay farmers for capturing carbon in cropland soils, making it the latest agriculture company to capitalize on environmental initiatives. The company seeks to enroll about 1,200 row crop growers in its Bayer Carbon Initiative in the […] Read more

Crops, Reuters

Argentina says hit by second locust swarm, farmers on alert

By Hugh Bronstein, Maximilian Heath July 22, 2020

Reading Time: < 1 minute Buenos Aires | Reuters — Grains powerhouse Argentina is getting hit by a second swarm of locusts arriving from neighbouring Paraguay, Argentina’s Senasa agricultural health inspection agency said on Tuesday, putting farmers on notice about possible crop damage. The new swarm is concentrated in the province of Formosa in north-east Argentina, on the Paraguay border. […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Weather the key for soybeans, corn

By Phil Franz-Warkentin - MarketsFarm July 15, 2020

Reading Time: < 1 minute MarketsFarm — Soybean and corn futures at the Chicago Board of Trade fell off nearby highs over the past week, with shifting weather forecasts directing the flow of money in the markets. “Ninety per cent of our price influence in a supply-side driven market during the growing season will be weather,” said analyst Sean Lusk […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat slips on bumper harvest, soy up on exports

Corn inches up on technical trading, weather questions

By P.J. Huffstutter June 18, 2020

Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures slid again on Thursday, dropping to their lowest in more than eight months amid a bumper U.S. harvest and well-timed European rains. Soybeans and corn edged higher, on technical trading and signs weather may not be so crop-friendly across the U.S. Corn Belt in coming days. The most-active […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans gain on China demand

Improved U.S. rating lifts expectations for bumper corn crop; wheat up on pre-report positioning

By Christopher Walljasper June 11, 2020

Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures gained on Wednesday, supported by solid demand from the world’s biggest importer, China, while corn edged lower on strong crop conditions. Wheat inched higher after falling for three consecutive sessions, but advances remained capped by a progressing winter wheat harvest in the U.S. southern Plains. Traders positioned ahead […] Read more

Livestock, Markets, Reuters

U.S. livestock: Hogs weaken on expectations for abundant supplies

Cattle futures seen as rangebound

By Tom Polansek June 11, 2020

Reading Time: 2 minutes Chicago | Reuters — U.S. lean hog futures fell on Wednesday on expectations for abundant pork supplies as meat processors work their way through pigs that backed up on farms when slaughterhouses shut due to the coronavirus pandemic. Traders expect meat packers to start eating into the backlog of hogs within the next two weeks […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Crop commodities rangebound

By Marlo Glass – MarketsFarm May 28, 2020

Reading Time: < 1 minute MarketsFarm — Favourable growing conditions across most of the U.S. — and a good start to the growing season — have kept commodity prices on the Chicago Board of Trade locked in a sideways range. In the crop progress report released Tuesday from the U.S. Department of Agriculture (USDA), the U.S. corn crop was approximately […] Read more

Corn, Crops, Markets

CBOT weekly outlook: Ag commodities steady

Slack demand for biofuel has dragged on corn

By Marlo Glass – MarketsFarm May 21, 2020

Reading Time: < 1 minute MarketsFarm — Crop commodity values on the Chicago Board of Trade (CBOT) have largely stabilized as COVID-19 restrictions are relaxed in several U.S. states. “We’ve been playing this virus for a few months now,” said Scott Capinegro of Barrington Commodities in Barrington, Ill. COVID-19-related lockdown measures decimated demand for ethanol, which put considerable pressure on […] Read more

ICE weekly outlook: Canola rebounds on U.S. futures support

Ginseng piling up in Canada despite Chinese demand

Plant-based protein maker Roquette sees short-term COVID-19 impact

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