Brazilian supply drops soybeans in Chicago – Agrolink Analysis
The price of soybeans on the Chicago Grain Exchange recorded a drop of 7.25 cents in the May/17 contract on Tuesday (18.04), closing at US$ 9.46 per bushel. The July/17 contract fell 7.50 Dollar cents, while the August/17 contract depreciated 7.25 Dollar cents.
Canada wants to double soybean area in 10 years
Canada has a major goal for soybean planting by 2027: reaching 4.04 million hectares annually. The surface would be practically double the current one, with an eye on the growing Chinese demand for the oilseed, according to a report on the website Agriculture.com, which was present at the Soy Canada Symposium.
Brazilian producer prefers combination of technologies in transgenics
When choosing transgenic seeds, Brazilian producers prefer the combination of RI/TH (insect and herbicide tolerant) technologies in both soybeans and corn and cotton. This is what the “3rd Agricultural Biotechnology Adoption Survey in Brazil, 2016/17 Harvest”, produced by Consultoria Céleres, points out.
