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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, 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 ...
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.
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.
Friday, April 14, 2023
Brazil's soybean harvest reaches record high, corn production up
Brazilian farmers will harvest a record 153.6 million tonnes of soybeans this season, up 2.2 million tonnes from a March forecast as harvesting concludes in the world's largest soybean exporter, Nasdaq reported.
Wednesday, March 15, 2023
Brazil's corn shipments to China decline in February due to focus on soybeans
Brazil's corn shipments to China dropped sharply in February 2023 due to the increased focus on soybean shipments, and the shift in Chinese buyers towards other countries such as the US and Ukraine for their corn supplies, Nasdaq reported.
Thursday, March 2, 2023
Brazil's soybean and corn crop forecasts for 2022/23 season raised
Financial services organisation StoneX has forecast a record soybean crop for Brazil for the 2022/23 season at 154.663 million tonnes, and for corn at another record of 130.61 million tonnes, Nasdaq reported.
Thursday, April 21, 2022
Brazil farmers grow more soybeans and corn
Brazilian government agency Conab said local farmers have planted less sugarcane in the 2021/22 season, choosing to grow more soybeans and corn as global grain prices soar to record levels, Reuters reported.
Wednesday, April 21, 2021
Brazil's ABPA says the US and Ukraine will benefit from soybean and corn tariff waivers
Ricardo Santin, president of Brazilian meat lobby ABPA, said the government's decision to suspend import tariffs for soybean and corn will benefit the United States and Ukraine, as two countries could export corn to Brazil as livestock feed ...
Tuesday, April 20, 2021
Brazil Agriculture Ministry suspends import duties on soy and corn until end-2021
Brazil's Agriculture Ministry has suspended import duties on soy, soybean meal, soybean oil, and corn until the end of this year as the country looks to slow down inflation caused by surging commodities prices globally, Reuters 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.
Wednesday, April 1, 2020
Brazil's Parana expects more soy, less corn crops
Brazil's Parana raised its forecast for the current 2019-20 soybean crop to a record of over 20 million tonnes, while its estimate for the winter corn crop (safrinha) fell on a lack of recent rainfall stressing plantations in some areas.
Monday, February 19, 2018
Brazil soy production estimate for 2017-18 revised higher, corn lower
Brazil's state crop supply agency Conab [Companhia Nacional de Abastecimento] increased its Brazilian soybean production estimate but lowered that for corn for 2017-2018 crop season.
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