SAO PAULO Soybean trading in Brazil has gained momentum in recent days, driven by a wave of Chinese demand, boosting prices and premiums paid at ports amid a weakening of the Brazilian currency, according to analysts.
SAO PAULO, May 13 Brazil soybean premiums for
June rose to $0.92 per bushel on Monday, in reaction to a
U.S.-China trade war that is expected to spur demand, according
to the Center for Studies in Advanced Applied Economics (Cepea).
(This March 28 story corrects to reflect that annual sales estimate includes iron ore pellets in first and sixth paragraphs)
SAO PAULO Brazilian iron ore miner Vale SA said in a securities filing late on Tuesday that within 72 hours it expects to resume operations at the Brucutu mine, its largest in Minas Gerais state.
SAO PAULO Terra Forte, one of the largest Brazilian coffee exporters, has filed for bankruptcy protection in a Sao Paulo state court, lawyers for the company said on Wednesday.
SAO PAULO Brazilian iron ore miner Vale on Wednesday announced a series of writedowns and provisions related to the Brumadinho tailings dam collapse that killed some 300 people two months ago, saying there would be an affect on future results.
SAO PAULO, March 25 Brazil's Raízen Energia SA,
the world's largest sugar maker, raised 900 million reais ($233
million) using Agribusiness Receivables Certificates (CRA), the
company's chief financial officer told Reuters on Monday.
BUENOS AIRES/SAO PAULO Farmers in Brazil and Argentina are concerned about Brazilian President Jair Bolsonaro's agreement to import 750,000 tonnes of wheat from the United States and other countries outside the Mercosur trade bloc without the 10 percent tariff that is usually required for such purchases.
SAO PAULO, March 7 Two riverside ports in Pará
state could run out of soybeans by Friday due to closures on the
BR-163 highway linking the country's grain belt to port
facilities in the north, Daniel Amaral, chief economist at
oilseeds group Abiove, said on Thursday.
SAO PAULO Brazil's soybean exports are expected to fall in March due to U.S. competition, farmer hoarding of beans due to low prices and forecasts for lower output in the world's top exporter of the oilseeds, according to market participants and shipping data.