Gustavo Bonato

Brazil's CSN iron ore terminal not operating after accident: sources

Apr 19 2017

SAO PAULO The loading of iron ore at Brazil's Itaguaí terminal operated by mining and steel firm Companhia Siderúrgica Nacional has been halted since Saturday due to an accident, sources and the Itaguaí Port Authority told Reuters on Wednesday.

Brazil farmers 'hope for a miracle,' hoard soybeans

Apr 11 2017

SÃO PAULO Faced with weak international prices and a record harvest, Brazil's soybean farmers have been hoarding their crop in hopes the market will rebound in the coming months, a strategy analysts warn could go badly wrong.

Terminal gives timely boost to Brazil's soy, sugar shipping capacity

Mar 14 2017

SANTOS, March 14 A new terminal near completion in Latin America's largest port in Santos, Brazil, is expected to add an extra 20 percent to its grains and sugar capacity, boosting shipping services just as the country produces bumper crops.

Brazil dry weather frees soybean trucks stuck on key Amazon export route

Mar 06 2017

SÃO PAULO, March 6 Dry weather improved conditions on a rugged Amazon road that serves as the key link between soy fields and northern ports, ending an immense backlog of trucks carrying the beans, the Army said Monday.

Thousands of soy trucks stranded on swamped Amazon highway in Brazil

Mar 01 2017

SAO PAULO About 3,000 trucks carrying soy beans are backed up on a major road to port through the Amazon region that has become impassible due to swamps caused by heavy rainfall, highway police said on Wednesday.

Weak road freights in Brazil anger truckers, benefit soybean crop

Jan 18 2017

RONDONOPOLIS, Brazil, Jan 18 Stiff competition among truckers will keep road freights in Brazil's main agricultural belt stable during the 2016/17 crop, transporters said, benefiting farmers as they harvest a record volume of soybeans but hurting margins for logistics companies.

Brazil soy export premiums surge on stronger currency

Jan 05 2017

SAO PAULO, Jan 5 Brazilian soybean export premiums have nearly doubled from a year ago as a stronger currency encouraged local producers to delay sales of an expected record crop, Thomson Reuters data showed on Thursday.

Vale sells fertilizer unit to Mosaic, to become top shareholder

Dec 20 2016

BRASILIA/SAO PAULO Vale SA's $2.5 billion sale of its fertilizer business to Mosaic Co, the latest step in the Brazilian iron ore miner's strategy to reduce debt, also makes it the U.S. company's biggest shareholder.

Brazil poultry farms tepid over clearance of US GMO corn

Oct 11 2016

SAO PAULO Brazil's northeastern poultry producers say they are not planning short-term purchases of U.S. corn, despite the government's recent decision to clear genetically modified varieties for import to ease tight supplies locally.

Monsanto's Intacta GMO soy to expand 57 percent in South America

Sep 14 2016

SAO PAULO South American farmers are expected to sow 57 percent more area with Monsanto Co's second-generation, genetically modified soybean seed Intacta RR2 Pro in the new planting season which kicks off on Thursday, a company executive said on Wednesday.

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