Daily Network News

More News →

Tag Archives Brazil

(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy, corn can’t keep their distance from Argentina

By
Reading Time: 2 minutes CNS Canada — Soybean futures at the Chicago Board of Trade posted sharp gains over the past week, as weather concerns in Argentina and a bullish U.S. Department of Agriculture report sparked a rally. South American weather also underpinned the corn market — and both commodities will be following the forecasts out of the region […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Canola chops around waiting for New Year

By
Reading Time: < 1 minute CNS Canada –– ICE Futures Canada canola contracts chopped around major support during the week ended Wednesday, as steady demand was countered by large supplies of oilseeds. Most traders rolled out of the January contract and into March, a move evidenced by the massive volumes on Monday and Tuesday. “People holding contracts may get nervous; […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Soy firms on technicals

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Thursday, turning higher after testing key technical support levels, traders said. Corn and wheat futures weakened on a mild round of profit-taking. Wheat, which also was pressured by a firm U.S. dollar, had risen for the previous five days while corn was coming off a four […] Read more
(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Technicals trump recent support in soy

By
Reading Time: 2 minutes CNS Canada — Soybean futures at the Chicago Board of Trade look technically bearish, one U.S. analyst says, but spec-longs may keep support in the market. Corn futures, meanwhile, are expected to continue in a rangebound trend. “Corn is still basically in a trading range; it doesn’t excite people. Beans, they’re all over the place,” […] Read more
(JBSS.infoinvest.com.br)
Livestock, Reuters

JBS CEO ordered to step aside in Brazil pension fund probe

By
Reading Time: 3 minutes Brasilia | Reuters — Brazilian police launched an investigation of fraud at state-run companies’ pension funds on Monday, as a judge ordered dozens of senior financiers and executives away from their firms, including the CEO of the world’s biggest beef exporter. Police carried out five arrests, more than two dozen interrogations and over 100 search […] Read more
(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Yield prospects key for soybeans, corn

By
Reading Time: 2 minutes CNS Canada — Corn and soybean futures at the Chicago Board of Trade recorded losses during the week ended Wednesday, as expectations of massive crops and high yields edge closer to becoming a reality. “Since weather isn’t a major issue anymore, (traders) will be watching for potential record crop production sizes in the U.S.,” said […] Read more
(Canada Beef Inc. photo)
Beef Cattle, Livestock, Markets, Reuters

U.S. opens up to Brazil fresh beef imports

By
Reading Time: 1 minute Brasilia | Reuters –– The U.S. and Brazilian governments exchanged food safety equivalence documents on Monday that will open up their respective markets to fresh beef exports, a window expected to boost Brazil’s exports to the U.S. by US$900 million. The U.S. Department of Agriculture said its Food Safety and Inspection Service had determined that […] Read more
(MonsantoStore.corpmerchandise.com)
Crops, Machinery, Reuters

Monsanto, Microsoft to invest in ag technology in Brazil

By
Reading Time: < 1 minute Sao Paulo | Reuters — U.S. biotech company Monsanto and U.S. software and tech firm Microsoft announced on Monday a partnership to invest in agricultural technology startups in Brazil. Monsanto will join a Brazilian investment fund with up to 300 million reais (C$118 million), managed by Microsoft, evaluating ideas for new digital tools to be […] Read more
Saputo’s Canadian dairy division includes brands such as Dairyland, Neilson, Nutrilait, Baxter and Armstrong. (Dave Bedard photo)
Dairy Cattle, Livestock, Reuters

Saputo eyes Brazil for acquisitions

By
Reading Time: 2 minutes Reuters — Saputo Inc., one of Canada’s largest dairy producers, has an eye on Brazil for possible acquisitions, and could make deals worth as much as $3.5 billion, its CEO said Thursday. The struggling global dairy industry is fragmented, potentially yielding opportunities, Lino Saputo Jr. said. The company would like to buy cheesemaking plants in […] Read more

Latest Market News

More Market News →