Articles By Reese Ewing
Truckers in Brazil finally ended their blockade of the main terminal area of the Port of Santos, one of the last holdout pockets of a...
Brazil’s trucker strike is set to bring a fresh week of disruption to the country’s key ports, logistics roads, rail and cities, as...
Brazil’s state-controlled oil company Petrobras said it would slash wholesale diesel prices by 10% and keep them...
Brazil’s plan to increase its mandatory biodiesel blend by 50% to 15% in all retail diesel by 2025, could be a bonanza for the...
Brazil’s truckers have closed grains facilities and blockaded roads across 18 states in an open-ended protest at the spiralling cost...
A more favorable dollar-real exchange rate and early fertilizer orders point to another record soybean and bumper...
Investments from both Paraguay and Brazil are expanding the export capacity for the Paraguay River to move soybeans...
Last month, Mario Abdo Benitez, the former senator from the conservative Colorado Party who won the country’s...
Caramuru, Brazil’s only homegrown grain crushing group, and Rumo, the logistics division of local conglomerate Cosan, extended their 50-50 concession for the XXXIX grain export terminal in Santos for 25 years, pledging to nearly double its capacity with 252 million reais ($73 million) in investments.
Brazil’s fledgling corn ethanol industry is expected to triple its output in the current April-March fiscal year to 1.5 billion liters, consuming 3.75 million mt of the grain from the center-west growing region, Glauber de Silva president at Aprosoja told Agricensus.
Brazilian logistics firm Hidrovias do Brasil said it will invest 90 million reais ($27.3 million) to build a new fertilizer terminal in Miritituba in Para state in a further sign of the work going towards improving the infrastructure around Brazil’s northern ports.
Brazil’s biggest sugar and ethanol trader Copersucar expects 2018/19 ethanol output from the center-south cane crop to grow by 5.4% to 27.5 billion litres, despite a smaller regional crop versus last season.
Farmers in Brazil contracted 92 billion reais ($28 billion) in subsidized government financing since July 2017, the start of the current 2017/18 crop year, an increase of 12.4% from this time a year ago, the Agriculture Ministry said in a report on the farm credit markets.
Despite the sharp increase in international soybean and corn prices due to losses from the Argentine drought, Brazilian farmers are seeing margins that would have been healthy evaporate with skyrocketing freight costs.
Officials from Spain and Brazil signed a trade deal late last week that is intended to move up to 6 million mt of soybeans, corn and farm goods from the Port of Acu in Rio de Janeiro state to the Port of Las Palmas in Spain’s Canary Islands.
Brazil's main grain ports have seen a surge in corn exports at the expense of soybean, data from the country's trade ministry shows, as the industry starts to clear space ahead of the upcoming soybean crop.
Recent rains and forecasts for more wet weather across Brazil’s grain belt are likely to improve yields from the country’s second corn crop, which is behind schedule for planting this season.
Brazilian corn exports to Mexico jumped to 561,242 mt in 2017 from close to zero in 2016, according to Brazil's trade ministry.
Brazil is expected to export more soymeal in 2018 as crushing rates are expected to rise on demand for soybean oil as a fuel as well as a drought that is slashing the size of the Argentine crop, analysts have said this week.
Brazilian soybean farmers are being advised to limit early selling for this season’s harvest and instead stockpile it in silos on projections that the price of the commodity will rise due to weather losses in South America.