Brazil
Beyond China’s political goodwill purchases and Brazil’s soybean showdown, the U.S. is eyeing a 30% surge in domestic processing. To stay resilient, farmers are advised to focus on profit margins rather than volume.
Arlan Suderman says the U.S. is strengthening ties with Argentina to counter China’s growing influence — a global strategy that’s leaving many U.S. farmers and ranchers feeling sidelined.
Kevin Marcus gives insights from U.S. to South America to China growing and harvest seasons.
Agriculture is an export dependent business. At peak uncertainty, the industry could go either way: Gain ground with new trade deals or take a big hit as exports further decline.
The majority of respondents in the March Ag Economists’ Monthly Monitor agree the U.S. is currently in a trade war, but who wins? Ag economists say it’s not the U.S., Canada or Mexico but rather Brazil that could come out on top.
Russia and China are simply not our friends.
Chinese President Xi Jinping is set to hold meetings with Brazil’s President Luiz Inacio Lula da Silva on Wednesday.
USDA’s April WASDE report showed larger wheat and soybean ending stocks, but smaller ending stocks for corn. More surprising, still, was the lack of changes to South America’s crop estimates.
USDA cut its estimate for Brazil’s soybean production by 1 MMT in the March WASDE report, which was less than what the trade expected. USDA didn’t make any cuts to Brazil’s corn.
Ag economists have little doubt Brazil will remain the world’s top exporter of soybeans, but with potential safrinha corn production problems, economists aren’t confident Brazil can hang on to the top spot in corn.
Brazil is seeing a sudden shift in weather with heavy rains now forecasted over the next two weeks. While it will bring relief to drought areas, it could cause harvest delays and issues planting the safrinha corn crop.
According to the meteorologists at BAMwx, the upcoming month in Brazil could be comparable to this past August for U.S. soybeans.
AgResource Company forecasts 80% of the soybean crop is planted as of today, but for some farmers it’s been a year of replant for both corn and soybeans.
Recent WASDE reports had assumed another record Brazilian soybean crop and Argentina returning to normal, but the El Niño weather pattern might have something to say about that.
Let this sink in: One state in Brazil — Mato Grosso — produces the equivalent of Illinois and Iowa’s soybean production combined. Here’s a look at South America’s growing regions, crop calendar and production capacity.
We have gradually resigned ourselves to Brazil being the leader, but last year they also took the top spot for corn exports, a tougher fact to swallow. There is more going on for the 2023-2024 growing season in Brazil.
Brazil briefly wore the global corn export crown in 2012 because of the U.S. drought. With the ability to churn out three corn crops per year and a supply deal with China, Brazil might be set to maintain that title.
The 2022/23 crop season could post two records in Brazil: a record 313 million tons of soybeans, corn, cotton, rice and wheat and a record storage deficit of more than 100 million tons.
It didn’t start with the swing of an ax in the Amazon or by an explosion in Kiev. Both contributed, but the shifts in global grain flows is a multifaceted prism through which the future is continuing to evolve.
After a week in Mato Grosso, the AgResource team estimates a final yield estimate of 60.3 bu. per acre, which is 8 bu. more than CONAB’s current forecast.
Brazil is a top-five producer of 34 agricultural commodities. As Brazilian farmers start to plant this fall, forecasts show the 2022/23 crop harvest could be the largest ever.
By Nayara Figueiredo SAO PAULO, Feb 22 (Reuters) - U.S. grains merchant Archer-Daniels-Midland Co said on Tuesday it has carried out the largest soybean shipment in the history of the Ponta da Montanha
For the upcoming crop season, CONAB forecasts Brazilian farmers will produce more than 300 million tons of soybeans, corn, cotton, rice, wheat and soybeans. That’s an all-time high.
With threats to global food supplies, ag companies are stepping up to ensure wheat has a seat at everyone’s table. Embrapa is taking a shot at filling the wheat void through GMO wheat trials.
“Right now, Ukraine’s grain silos are full,” says David Beasley, executive director of the World Food Programme. “At the same time, 44 million people around the world are marching towards starvation.”
The end of the South American monsoon has come earlier than average this year due to La Niña. The drier finish on the Safrinha crops will limit their yield potential.
Volatility is here to stay in the grain markets — but so could higher prices.
AgResource Company released the latest soybean crop production estimate for Brazil, showing a crop size of 119.5 MMT. A recent crop tour shows the weather took a major toll on the crop in the Southern portion.