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Monday, August 19, 2024
Brazil raises 2023/24 corn export forecast despite overall production decline
Brazil's national crop agency, Conab, increased its forecast for corn exports in the 2023/24 season to 36 million metric tonnes, up by 2.5 million tonnes from the previous estimate released in July 2024, Reuters reported.
Monday, July 15, 2024
Brazilian farmers project 90 million metric tonnes of second corn harvest despite smaller planted area
Brazil, one of the world's largest food producers, is expected to harvest 90 million metric tonnes of second corn in the current cycle, nearly 2 million tonnes more than forecast last month, according to crop agency Conab, Reuters reported.
Thursday, July 4, 2024
Brazilian corn exports surge in July as soybean shipments decline
Brazilian corn exports for July are estimated at 3.4 million metric tonnes, marking a significant rise of 2.4 million tonnes compared to June, according to grains traders lobby Anec, Reuters reported.
Friday, May 17, 2024
Brazil adjusts upward soybean and corn production estimates
Brazil's CONAB has slightly increased its expectations for soybean and corn production, Brownfield Ag News reported.
Wednesday, March 13, 2024
Brazil's soybean harvest reaches 55%, second corn crop planting nears completion
Brazil's soybean harvest for the 2023/24 cycle has surged to 55% of the planted area, marking a significant milestone in the agricultural calendar, according to agribusiness consultancy AgRural, Reuters reported.
Friday, February 2, 2024
Gro forecasts Brazilian corn yields this year not to meet 2023's levels
Brazil's 2024 corn yields are currently forecast to fall short of 2023's record levels, according to Gro's machine learning-based Brazil Corn Yield Forecast Model.
Friday, January 12, 2024
Brazil's CONAB adjusts downward soybean and corn production projections
Brazil's National Supply Company (CONAB), the equivalent of the United States Department of Agriculture (USDA), has revised its outlook downwards for soybean and corn production, attributing the month-to-month reductions to adverse weather ...
Monday, December 18, 2023
First corn crop of Parana, Brazil, expected to fetch three million tonnes in harvest
The planting of the first corn crop in Paraná, Brazil, has been completed, covering 312,000 hectares.
Thursday, November 30, 2023
China buys cheaper corn from Brazil, causing drop in US exports, agriculture official says
China took advantage of lower prices for corn in Brazil, leading to a nearly 20% drop in US exports to China, said US Agriculture Secretary Tom Vilsack on November 29.
Friday, October 20, 2023
Potential increase for Brazil's soybean production, corn to drop in 2023-2024 season
Brazil's soybean production will increase by nearly 5% while its corn production will fall by nearly 10% for the 2023-2024 season, according to CONAB.
Monday, October 16, 2023
Brazil's corn exports under threat from choking rivers in Amazon
A severe drought choking major rivers in the Amazon rainforest has disrupted ship traffic in Brazil near the region's biggest city and pushed up costs for northern shipping routes.
Wednesday, September 6, 2023
Brazil overtakes US as leading corn exporter, signalling long-term industry shift
For over 50 years, the US has held a dominant position as the world's foremost corn exporter, but in the agricultural year ending August 31, the US ceded its corn-exporting supremacy to Brazil, and the prospect of reclaiming this title seem ...
Tuesday, July 25, 2023
Brazilian supplies and high prices cast doubt on US corn and soybean
As the new marketing year approaches on September 1, US corn and soybean export potential is facing doubt due to abundant Brazilian supplies, high prices, and uncertainties about US crops, Reuters' analyst Karen Braun reported.
Thursday, July 13, 2023
Brazil poised to surpass US as top corn exporter with new China deal
The global corn export landscape is undergoing a significant shift as Brazil, backed by a new supply agreement with China, is expected to surpass the US as the world's leading corn exporter, Malaysia Sun reported.
Thursday, June 22, 2023
Taiwan's MFIG buys 65,000 tonnes of animal feed corn from Brazil
In an international tender on Wednesday, Taiwan's MFIG purchasing group has purchased approximately 65,000 metric tonnes of animal feed corn, expected to be sourced from Brazil, according to European traders familiar with the matter, Nasdaq ...
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