Tag: South America
Showers in Brazil Crop Weather Forecast – DTN Mar 25, 2022
The crop season continues in Argentina as much of the late-planted corn and soybeans are in reproductive or filling stages of growth. But the attention is starting to turn northward […]
South American Weather: Showers, But Below-Normal Precipitation in Brazil – DTN Mar 18, 2022
Outside of a couple of stretches of better rainfall in South America since spring, southern Brazil and Argentina have been very dry and crop conditions have suffered. The fate has […]
Soybean Prices Rise as Drought in South America Reduces Harvest Feb 28, 2022
Brazil, Argentina, and Paraguay, which account for more than 50% of the world’s soybean supply, are expecting smaller harvests this crop season. Major agricultural agencies and consultancies have already slashed […]
South American Weather: March Forecast Difficult for Safrinha Corn in Brazil – DTN Feb 25, 2022
Attention in South America has been focused across the southern half of the continent over the last couple of months — and rightly so. Dryness and drought have built into […]
Global Markets: Oilseeds – Shrinking South America Soybean Production Constricts Trade, Boosts Prices Feb 12, 2022
Dry weather in South America over the past 2 months has significantly depressed forecast soybean yields and slashed production. In the first USDA forecast released in May 2021, the combined […]
South American Corn, Soybeans: La Nina Continues to Affect Crops Feb 11, 2022
The influence of La Nina on the weather conditions in South America this crop season cannot be overstated. But this recent La Nina event has not been a particularly strong […]
Wheat: Checking the 2021/22 Global Crop Ahead of Aug. WASDE Report Aug 6, 2021
The effects of weather on the 2021/22 global wheat crop have sparked a run-up in prices even as harvest progresses in the Northern Hemisphere. Given the market’s supply concerns, U.S. Wheat Associates […]
Soybeans: New South American Futures Contract Launches in Sept. Aug 24, 2020
CME Group, the world’s leading and most diverse derivatives marketplace, will launch South American Soybean (Platts) Futures on September 21, 2020, pending all relevant regulatory review periods. This contract will […]
Global Markets: Rice – Nigeria a Significant Global Importer Dec 11, 2018
Over the past several years, the Nigerian government has been promoting the concept of greater self-sufficiency in rice by supporting the local production and aiming to curtail foreign trade. Nigeria […]
Soybeans: Tough Marketing Decisions for New Crop Aug 20, 2018
November soybean futures prices dropped significantly after the release of the August USDA reports. The November futures price closed at $8.93 on August 17, higher last week on the news […]