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BrazilWeatherMap

South America Calling

Favorable Rain Boosts Brazil Crops

Private Brazil crop analytical firm Safras and Mercado put a new benchmark on Brazil soybean production at the end of the week. The projection from this firm is 106 million metric tons — a new record and well-above the 96.50 mmt crop estimate for the 2016 harvest. The Safras projection is 4 mmt above the latest USDA figure in its World Agricultural Supply and Demand Estimates (WASDE) report. Read more

Brazil

Brazil opens two new rail-port grain terminals in north

Source: DTN, Alastair Stewart South America Correspondent

VLI, a Brazilian logistics operator, announced it had opened two new grain terminals in the northern state of Tocantins, continuing the improvement in logistics in Brazil’s expansion regions.

The terminals serve the north-south railroad, also essentially controlled by VLI, on which beans and corn from Maranhao, Tocantins, Piaui, Bahia and eastern Mato Grosso will be transported to the northern port of Itaqui.

The R$264 million ($73 million) investment will increase grain capacity along the north-south route by up to 6 million metric tons (mmt), estimates VLI. Read more

Market analyst Bruce Trotter gave an overview of the grain markets to farmers attending the Chatham-Kent Farm Show on Thursday, January 29, 2015. BLAIR ANDREWS/ QMI Agency

Grain analyst warns of leaner years ahead for Ontario growers

By Blair Andrews, QMI Agency

The next few years will be leaner when it comes to grain prices, a market analyst for an international feed and grain company warned Thursday at the Chatham-Kent Farm Show.

Bruce Trotter based his sobering outlook on a few factors, including lower growth expectations for China and the ethanol industry.

Trotter, who works in Blenheim as the managing director for the Canadian branch of Dutch-based Cefetra, said the era from 2006 to 2011 was a time of rising land prices and better crop margins driven by bio-fuel mandates and very high growth in China.

But the mandated growth in ethanol and bio-diesel is over, and he described the most recent years as an “ethanol hangover.” Read more

BrazilSoybeanPlanting_cropped

Brazilian farmers planting soybeans at half the average pace

From  Soybean and Corn Advisor: Nov. 4, 2014

With the soil moisture improving across much of Brazil, most farmers are actively plating their 2014/15 soybean crop. The rainfall in Mato Grosso has been adequate in some areas and lighter than desired in other areas. The rainfall though has been lighter as you move east into states like Goias, Bahia, Sao Paulo, and Minas Gerais. In southern Brazil the soil moisture remains very favorable with too much rain in fact in parts of Rio Grande do Sul. The forecast looks favorable for more rainfall over the next two weeks in the more western areas of Brazil, but still dryer than desired for the more eastern areas.

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