Edition:
United Kingdom

Roberto Samora

Brazil holds agricultural financing volume for 2019-20 steady, raises borrowing costs

18 Jun 2019

SAO PAULO, June 18 Brazilian farmers will have 222.7 billion reais ($57.7 billion) in financing for the 2019-20 crop, and interest rates will rise for the largest producers as the Brazilian government tries to curb its large deficit.

Some U.S. ethanol makers looking to buy Brazilian corn: RFA

18 Jun 2019

SAO PAULO Some U.S. ethanol makers are considering buying corn from Brazil to guarantee supply as domestic crop prices are rising, the chief of the Renewable Fuels Association (RFA) said on Tuesday.

Some U.S. ethanol makers looking to buy Brazilian corn - RFA

18 Jun 2019

SAO PAULO, June 18 Some U.S. ethanol makers are considering buying corn from Brazil to guarantee supply as domestic crop prices are rising, the chief of the Renewable Fuels Association (RFA) said on Tuesday.

Soaring corn prices pinch Brazil meatpackers amid Chinese meat bonanza

17 Jun 2019

SAO PAULO Brazilian pork and poultry processors, who have benefited from strong exports to China amid the African swine fever outbreak, are starting to feel the pinch now at home as prices soar for corn, the main ingredient in animal feed.

Soaring corn prices pinch Brazil meatpackers amid Chinese meat bonanza

17 Jun 2019

SAO PAULO, June 17 Brazilian pork and poultry processors, who have benefited from strong exports to China amid the African swine fever outbreak, are starting to feel the pinch now at home as prices soar for corn, the main ingredient in animal feed.

UPDATE 1-Brazilian oilseeds group: Traders may cut farmer credit due to defaults

11 Jun 2019

SAO PAULO, June 11 Abiove, Brazil's oilseeds industry group, said on Tuesday that commodities traders may reduce financing to farmers by around 50% for the new crop (2019/20) due to defaults and bankruptcy protection requests in the sector.

Brazil niobium miner may spend $774 million to boost capacity

06 Jun 2019

SAO PAULO Brazilian niobium miner Cia Brasileira de Metalurgica e Mineração is considering investing at least 3 billion reais ($773.49 million) to expand capacity should Chinese steel demand keep growing rapidly in the next few years, its chief executive said on Thursday.

Mexico buys Brazil corn cargo amid trade spat with U.S., says broker

05 Jun 2019

SAO PAULO, June 5 Mexican importers, who usually buy their corn from the United States, have booked a 35,000-tonne corn cargo from Brazil, amid a trade spat between Washington and Mexico City.

ADM ships Brazil corn to Smithfield Foods in the United States amid heavy rains

04 Jun 2019

SAO PAULO, June 4 Archer Daniels Midland Co and other grain traders are selling Brazilian corn to Smithfield Foods Inc in the United States, where wet weather has reduced plantings, said two sources with knowledge of the matter.

Brazil's Vale, China's CCCC to co-invest in steel plant

23 May 2019

SÃO PAULO State-owned China Communications Construction Co (CCCC) and iron ore miner Vale SA have agreed to set up a steel mill in Brazil's northern state of Pará with a $450 million investment, the state's government said on Thursday.

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