Latest News From South America

An Important Wildcard In The 2024 Grain Storage Outlook
An Important Wildcard In The 2024 Grain Storage Outlook

According to a recent report from CoBank, an abundance of corn and soybeans has resulted in cheaper basis and bigger carries in futures markets.

El Nino's Effect on Crop Prices
El Nino's Effect on Crop Prices

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. 

4 Reasons Why You Should Care About South America
4 Reasons Why You Should Care About South America

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.

Brazil Clears Bottlenecks to Oust US as Top Corn Exporter
Brazil Clears Bottlenecks to Oust US as Top Corn Exporter

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.

Soybean Harvest Is Just Beginning in Brazil. Here’s What the Crop Looks Like
Soybean Harvest Is Just Beginning in Brazil. Here’s What the Crop Looks Like

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.

JUST IN: ADM sets record for single soybean shipment from northern Brazil
JUST IN: ADM sets record for single soybean shipment from northern Brazil

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

New White Mold Strain Could Become a Problem for Southern Farmers

A recent discovery in Brazil shows that white mold, while typically just a problem for northern states, could take root in southern states—if this strain makes it to the U.S.

New White Mold Strain Could Become a Problem for Southern Farmers
New White Mold Strain Could Become a Problem for Southern Farmers

A recent discovery in Brazil shows that white mold, while typically just a problem for northern states, could take root in southern states—if this strain makes it to the U.S.