Brazil corn demand to jump in 2020; sharp drop in exports likely

SAO PAULO, (Reuters) – Domestic demand for corn is expected to grow six percent in Brazil in 2020, driven by increasing corn-ethanol production and buying from the meat industry, which uses the cereal to make livestock feed, Dutch bank Rabobank projected on Thursday. That outlook would likely reduce exports from one of the world’s top […] Read more

Brazil’s new soybean crop seen reaching record above 121 mln tonnes

SAO PAULO, (Reuters) – Planting of Brazil’s new soybean crop is about to start in most producing regions and output is expected to increase by 5.5 percent compared with the previous crop to a record 121.41 million tonnes, broker and consultancy INTL FCStone said on Thursday. It expects planting growth of 1.6 percent in the […] Read more



Dreyfus sees Brazil, Argentina soy flows surging on U.S.-China dispute

PAULO,  (Reuters) – Global commodities trader Luis Dreyfus Co is prepared for another unusually strong second half for Brazil’s soy exports to Asia as the U.S.-China trade war drags on, with Argentina poised to profit as well this year, a senior executive told Reuters. Dreyfus benefited the most from last year’s surprise second-half boom in […] Read more

China’s COFCO plans to boost Brazil ops

SAO PAULO, (Reuters) – Chinese commodities trader COFCO plans to increase investments in Brazilian operations as the business environment in the country is likely to improve after approval of economic reforms, the company’s chairman, Johnny Chi, said on Monday. Speaking at Brazil’s 2019 Agribusiness Congress, Chi said COFCO is looking at investments such as new […] Read more


U.S. agricultural machine maker AGCO Corp said on Tuesday it would launch its flagship Fendt line of equipment in Brazil later this year, targeting large soybean farmers in the vast center-west region. | File photo

U.S. tractor maker AGCO rolls out Fendt line for Brazil farmers

SAO PAULO, April 23 (Reuters) – U.S. agricultural machine maker AGCO Corp said on Tuesday it would launch its flagship Fendt line of equipment in Brazil later this year, targeting large soybean farmers in the vast center-west region. AGCO will first bring the German-made line of Fendt Vario high-power tractors to Brazil’s grain heartland, the […] Read more