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Weekly U.S. Soy, Corn, and Wheat Shipments Meet Market Expectations
The United States Department of Agriculture (USDA) has recently shared its weekly shipment data. The figures for soybeans, corn, and wheat closely match market...
Harvesting Prosperity: Brazil’s Farm Sector Leads GDP Rise
In 2023, Brazil saw its farm sector soar by 15.1%, a leap that pushed the nation's GDP up by 2.9%.
This growth outshone the 3%...
Wheat Sales from Paraguay Jump 109.3% in Early 2024
Paraguay witnessed a striking 109.3% boost in its wheat exports in January 2024, as announced by Capeco last Saturday.
This leap signals a strong start...
Brazil Set to Triple Soybean Exports in February Compared to January
According to the National Association of Cereal Exporters (Anec), Brazil plans to export 7.3 million tons of soybeans in February.
The association reported that this...
Wheat Prices Surge in Chicago Amid Short-Covering and Potential Sanctions on Russia
On Tuesday, Chicago's wheat futures experienced a notable rise of approximately 4%, recovering from recent lows.
This uptick was largely fueled by short-covering, spurred by...
Brazil’s 2024 Farming Shift: From Corn to Diverse Crops
In 2024, Brazil's farmers are pivoting from corn to a variety of crops for the second planting season.
The National Supply Company (Conab) forecasts a...
USDA Lowers Corn Outlook After Brazil’s Harvest Falls
The USDA has cut its forecast for global corn production, pointing to Brazil's reduced crop as the main reason.
This Thursday, the agency predicted a...
U.S. Turns to Brazilian Soybeans For the First Time Since 2019
In a surprising twist, low-priced Brazilian soybeans have caught the attention of U.S. buyers, including major poultry producer Perdue Farms.
Despite abundant local stocks post-harvest,...
Chicago Wheat Prices Dip Amid Global Factors
On January 31, 2024, Chicago Board of Trade (CBOT) wheat prices experienced a significant downturn, closing at $5.95 3/4 per bushel for March delivery.
This...
Weathering the Storm: El Niño’s Effect on Brazilian Growth
Brazil is facing a significant challenge from El Niño, a climate event affecting its economy and inflation battle.
This phenomenon is troubling, especially for agriculture,...
Brazil’s Harvest in Focus Amid Global Corn Plunge
Corn futures saw a dramatic 30% decline in 2023, marking the steepest drop in a decade as reported by the Chicago Board of Trade...
São Paulo Booms and Leads Brazil in Farming Exports
In the past 11 months, São Paulo's agribusiness has achieved a remarkable milestone by amassing $25 billion in exports and shown significant resilience and...
Brazil’s Crop Forecast: Growth and Challenges Ahead
In 2024, Brazil anticipates a 3.2% decrease in farming and agricultural production, translating to 306.2 million tons.
This projection by the Brazilian stats agency IBGE...
Brazil’s Agricultural Growth Forecasted at 14.5% for 2023
On December 6, 2023, the National Agriculture and Livestock Confederation (CNA) announced that Brazil's farming sector is projected to grow by 14.5% in 2023.
From...