South America Calling

Monsanto Says RR2 Available for Around 9% of Brazil Area in 2013-14

Tue, 11 Jun 2013 21:30:00 GMT

Intacta RR2 Pro soybeans could account for as much as 9% of Brazilian soybean planted area in 2013-14.

Brazil's Ag Minister to Lobby China for RR2 Clearance

Thu, 06 Jun 2013 20:36:00 GMT

Brazil Ag Minister Antonio Andrade will lobby Chinese authorities to approve Monsanto's Intacta RR2 Pro soybeans so farmers can employ the genetically modified technology in the upcoming harvest.

Brazil Announces Credit Budget for Next Crop

Tue, 04 Jun 2013 18:25:00 GMT

Brazil's government announces an 18% jump in farm credit for 2013-14 season and a new line of financing for storage.

Mitsubishi Acquires Brazil's Los Grobo Ceagro

Mon, 03 Jun 2013 20:11:00 GMT

Japanese Mitsubishi paid a reported $500 million for control of Los Grobo's Ceagro grain supply operation in Brazil. The purchase is part of the conglomerate's strategy to increase stake in Asian grain business.

Brazil Forestry Code

Thu, 30 May 2013 20:08:00 GMT

Brazil passed a new forestry code one year ago amid celebrations among farmers, who hoped the new environmental legislation would spell the beginning of an era of more sustainable agriculture. But little has been done to implement the code in the intervening 12 months.

Brazil's Next Crop Soy Sales Sluggish

Wed, 29 May 2013 19:31:00 GMT

Brazilian farmers have sold only 5% of their next soybean crop amid uncertainties over price, margins and buyer reticence in assuming logistics risk.

Brazil Produces Record Corn Crop and Logistics Headaches

Tue, 28 May 2013 22:52:00 GMT

Brazil remains on course to produce a massive second corn crop and now needs to export its excess.

Monsanto Suffers Key Court Loss on Brazil RR1 Royalties

Fri, 17 May 2013 20:04:00 GMT

In another legal setback for Monsanto, Brazil's top appeals court ruled the patent on first-generation RoundUp Ready soy ran out in September 2010.

Brazil Senate Approves New Port Law

Fri, 17 May 2013 01:43:00 GMT

Brazil's Senate Thursday evening voted new port regulations into law. The government hopes the new rules will stimulate port investment, which will help ease the current grain export bottlenecks.

Brazil Waits on Senate Port Vote as Stevedores End Strike

Thu, 16 May 2013 18:58:00 GMT

Governors hope Brazil's Senate this evening will vote on new port legislation aimed at attracting much-needed investment. Bottlenecks at ports have caused massive delays to grain shipments this season.

Brazil's Sugarcane Harvest Off to Fast Start

Wed, 15 May 2013 19:42:00 GMT

Brazil will produce more sugarcane and ethanol in 2013-14, but ethanol exports are seen falling.

Massive Soy Ship Line-ups Persist at Brazil's Ports

Tue, 14 May 2013 13:51:00 GMT

Halfway through the fourth month of the Brazilian soybean marketing season, ship line-ups at port remain huge.

Brazil Must Export Corn or See Local Prices Pressured

Fri, 10 May 2013 22:21:00 GMT

Brazil is stressing over what it is going to do with a potentially huge corn crop. Prices are not attractive, but it simply must export to relieve pressure on the domestic market.

Argentine Farm Rental Model Cedes Space

Thu, 09 May 2013 16:09:00 GMT

A growing crisis and shrinking margins will prompt Argentina's pools to pull back in 2013-14. They are still going to plant, though.

Brazil's Ports Go 24 Hours

Mon, 22 Apr 2013 17:43:00 GMT

Brazil's government decreed last week that ports would operate 24 hours in order to increase efficiency. According to new rules, officials will no longer work office hours. The problem is no more officials will be hired and no budget has been set aside for overtime.