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Thursday, December 3, 2020
US soy futures dip following Brazil rain forecasts
Soybean futures on the benchmark Chicago Board of Trade (CBOT) dropped to its lowest in 2 and 1/2 weeks on December 2, as traders said Brazil rain forecasts for its crop area triggered a round of long liquidation and profit-taking, Reuters ...
Monday, November 16, 2020
AgRural analyst says Brazil won't have bumper soybean harvest due to drought
Fernando Muraro, an analyst with AgRural, an agribusiness consultancy said a bumper soybean harvest for the 2020 / 2021 season is not on the cards for Mato Grosso state, Brazil's biggest grain state due to irregular rains, Reuters reported.
Monday, November 9, 2020
Brazil issues regulation to facilitate imports of US GMO soybeans
Brazil's Agriculture Ministry issued a regulation to facilitate United States genetically modified (GMO) soybeans, giving legal security to imports of grains from the US by recognising the equivalence of GMO events approved in the US and Br ...
Tuesday, November 3, 2020
US grain export terminal loading 38,000 tonnes of soybeans for shipment to Brazil
A Southport Agencies shipping lineup showed 38,000 tonnes of soybeans from the United States is being shipped to Brazil at a Baton Rouge, Louisiana grain export terminal, Reuters reported.
Tuesday, November 3, 2020
Soy farmers in Brazil plant 1 million hectares daily to catch up on sowing delays
Consultancy AgRural said Brazilian soy farmers planted about 1 million hectares of soybean daily last week to catch up on sowing delays for the new grain season, Reuters reported.
Monday, October 26, 2020
China imports 51% more soybeans year-on-year from Brazil in September
China's General Administration of Customs said the country had imported 51.4% more soybeans in September compared to the same month in 2019, as cargos bought earlier this year cleared customs, Reuters reported.
Thursday, October 22, 2020
Despite tight supplies, Brazil not likely to import US soybeans: FAS
The United States Department of Agriculture's Foreign Ag Service (FAS) says it is unlikely that Brazil will import soybeans from the US, even while the country is facing tight supplies, Brownfield Ag News reported.
Monday, October 19, 2020
Brazil corn and soy tariffs suspended until early-2021
Brazil's Economy Ministry said it will suspend corn and soy import tariffs from countries outside the Mercosur trade bloc until early-2021 to lower food prices that are increasing inflation, Reuters reported.
Tuesday, October 13, 2020
Brazil's President Jair Bolsonaro to meet soy farmers over inflated soybean prices
Brazilian President Jair Bolsonaro will meet domestic soy farmers next week to talk about increased soy prices, Brazil's most important export commodity, Reuters reported.
Tuesday, September 29, 2020
Brazilian soy farmers group splits from Brazil Agribusiness Association over Amazon deforestation issue
Aprosoja, Brazil's biggest soy farmers lobby group has left the Brazil Agribusiness Association (Abag) because of the latter's support for an initiative requesting the Brazilian government to stop increased Amazon rainforest deforestation, ...
Thursday, September 17, 2020
Brazil soy farms set to expand by more than 6% in the 2020 / 2021 crop season
Soy farmers in Brazil's north and northeast, where the Amazon rainforest and Cerrado savanna are located, are projected to expand their soy farms by more than 6% in the 2020 / 2021 crop season, its fastest rate in four years, Reuters report ...
Monday, July 27, 2020
China's June soybean imports from Brazil hit record high
Data from China's General Administration of Customs showed China's June soybean imports from Brazil rose to a record high following higher demand for the oilseed due to China's steadily recovering swine herds, Reuters reported.
Thursday, July 23, 2020
Brazil's soybean exports dive 34% in July
In the first three weeks of July, Brazil's soybean exports plunged 34% on the month, the country's trade data showed, S&P Global reported.
Monday, July 6, 2020
Cofco plans to implement full traceability for its Brazilian soybean purchases
Cofco International said it has vowed full traceability for its purchases of Brazil soybean by 2023, verified by a third party, aimed at slowing down deforestation, Bloomberg reported.
Friday, June 26, 2020
Soy exporters in Brazil cannot guarantee shipments to China free from COVID-19
The association representing local grain traders, ANEC said Brazilian grain exporters should not declare shipments to China free from COVID-19 as that needs more testing, Reuters reported.
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