Drought conditions in the North of Brazil divert grain exports to the South
Drought conditions in northern Brazil are causing logistical problems due to low water levels in the main waterways of the Amazon basin, which is causing shipments of grains and oilseeds to be diverted to southern ports,” sources said. to AgriCensus. Trading houses are reportedly transferring volumes from […]
Mississippi River Barred Grain Volumes Fall 29% Below Five-Year Average
Total grain volumes transported by barge on the Mississippi River are nearly 30% below the five-year average due to low export sales and falling water levels, according to a United States Department of Agriculture (USDA) report released by World Grain. The quantities of grains dropped […]
Dollar starts to rise after strong data from the USA and with an eye on the Middle East
The dollar rose against the real this Tuesday, following the recovery of the US currency abroad after stronger than expected data from the United States, while investors monitor the war in the Middle East and wait for speeches from the Federal Reserve chair, Jerome Powell. At 10:29 am (Brasília time), the spot dollar advanced […]
Cargill and Solidaridad team up to help soy and palm oil producers improve climate and land use practices and increase income
Global agribusiness giant Cargill and international civil society organization Solidaridad have joined forces in five countries. The objective is to help soybean and palm oil producers. They aim to improve climate and land use practices, thus seeking an increase in income. The three-year program will reach approximately 3,400 […]
Wheat crops are already registering a loss of quality
Wheat cultivation has been facing a challenging reality in Brazil. The current situation is marked by significant variations between states, and the main influence falls on climatic conditions, especially excessive rainfall. According to data released by Conab's Weekly Crop Conditions Bulletin, abundant rains have exerted […]
Exchanges discourage corn exports
The decline in the dollar, the Chicago Stock Exchange and B3 had a negative impact on the Brazilian corn foreign market. TF Agroeconomic released this information. This ended up discouraging new sales. “Premiums remained at 1TP4Q83 for October shipments. In November, they fell sharply by $25 cents/bushel to $55. However, they rose […]
California is the first US state to ban brominated vegetable oil and three other chemicals in food
California has become the first state to ban brominated vegetable oil (BVO) and three other chemicals in foods, according to Food Safety News. Governor Gavin Newsom signed the California Food Safety Act. This is the first law in the US to ban four harmful chemicals. Therefore, […]
Agricultural leaders defend specific regulations for the bioinputs segment
With the presence of the Minister of Agriculture and Livestock (Mapa), Carlos Fávaro, agribusiness leaders gathered, this Monday (16), at the Bioinsumos Forum, in the capital of São Paulo, defending specific legislation for the segment. João Sereno Lammel, vice-president of Institutional Relations at Sindiveg, said that the sector has seen accelerated growth and that it needs regulation […]
Devaluation of the real impacts soybean prices
Soybean prices ended the week falling, according to information released by the International Center for Economic Analysis and Agricultural Market Studies (CEEMA) in its weekly report. “In Brazil, with the exchange rate devaluing to R$ 5.05 during the week, soybean prices also fell,” he stated. According to the report, in […]