Tagged: Brazil

The News & What it Means – Quiet for Now but Market Attention to Soon Turn to South America

By John DePutter & Dave Milne – Oct. 16, 2018

 

The news:

“Brazilian farmers are planting the new soy crop at a record pace, reaching 20 percent of the projected area by Thursday, consultancy AgRural said on Monday.”
-Reuters, Oct. 15, 2018

 

What it means:

The impact on Chicago soybean futures may be negligible or even non-existent for now, but don’t go to sleep on it – Brazil is a major market factor.

 

The News and What it Means – Soybean Rally May Need More than Argentina Weather

By John DePutter & Dave Milne – January 30, 2018

 

The news:

“Argentinian production of soybean is to hit a five-year low of 52 million tonnes in the 2017/18 crop year, as yields are expected to fall 13% to 2.9 tonnes/hectare, according to a weekly market note by the Rosario Board of Trade.”

– AgriCENSUS, Jan. 29, 2018

The News & What it Means – Brazilian Soybean Planting Back on Pace, Experience Brazil this Winter

By John DePutter & Dave Milne – November 21, 2017

 

The news:

Brazilian producers have 73% of the estimated soybean area planted for the 2017/2018 crop. Now, the planting of Brazilian soybeans is no longer behind schedule. The rains that have fallen in all of the main producing regions have allowed the advance of the sowing.

– Successful Farming, Nov. 17, 2017

The News & What it Means – China’s Big Appetite & Brazil’s Evolution into an Ag Powerhouse

By John DePutter & Dave Milne – June 13, 2017

 

The news:

“The combination of more mouths to feed with even faster-growing wealth in the world’s most populous nation has made China a magnet for farm goods, especially from the US, which now sells more of its harvest to China than any other country.”

– Bloomberg, June 12, 2017