Sowing of the summer crop 24/25
Sowing of the 2024/25 summer crop in Brazil advanced to 16.2% of the national area last week, according to Grão Direto. This index, however, is lower than the 18.3% recorded in the same period in 2023, according to data from Conab. The positive highlight was the progress observed in the South of the country, where the pace of […]
September fires exceed average by 30%
Recent data from the Burnings Program, from the National Institute for Space Research (INPE), reveal that 2024 is consolidating itself as one of the years with the highest number of fire outbreaks in the last decade. In September, the country registered more than 80 thousand outbreaks, a number about 30% higher than the historical average recorded since 1998 by INPE. […]
Soybeans: Positive performance driven by climate in Brazil
Soybean prices performed positively last week, with unfavorable weather in Brazil being one of the main supporting factors. According to Grão Direto’s market analysis, the heavy rainfall forecast for the second half of October is eagerly awaited by producers. However, until then, the scenario […]
Soybean prices soar more than 2% on the Chicago Stock Exchange
Soybean prices rose more than 2% on the Chicago Board of Trade (CBOT) this Friday, September 27, extending the gains recorded previously. At around 1:40 pm (Brasília time), the prices of the most traded contracts rose between 23.25 and 26.25 points. The November contract already reached US$ 10.66, while the May contract […]
Corn prices continue to rise in Brazil
According to the International Center for Economic Analysis and Agricultural Market Studies (Ceema), corn prices in Brazil have improved slightly, maintaining a slow but steady pace of growth. In Rio Grande do Sul, the average price was R$59.90 per bag, with local markets close to R$58.00. […]
Brazilian peanuts: Global expansion and challenges in the field
Brazil stands out as the 13th largest producer of raw peanuts in the world, with ABICAB (Brazilian Association of the Chocolate, Peanut and Candy Industry) representing 62% of the Brazilian market. According to ComexStat, in 2023, 401.9 thousand tons of peanuts were exported to 119 countries, generating revenue of 640.9 million dollars. […]
European Union to continue implementing anti-deforestation law
During the meeting of the Agriculture Committee of the World Trade Organization (WTO), the European Union reiterated that it will not postpone the implementation of the anti-deforestation law, officially known as EUDR (European Union Deforestation Regulation), even under pressure from agricultural exporting countries, such as Brazil. The EUDR is scheduled to come into force from 30 […]
US exports boost soybean prices
According to StoneX, soybean prices on the Chicago Board of Trade (CBOT) rose slightly last week, remaining above USD 10.00 per bushel. This positive movement in the market was strongly influenced by exports from the United States for the 2024/25 harvest, which totaled 1.6 million tons, a volume higher than […]
StoneX predicts growth in 24/25 cotton harvest
Consulting firm StoneX estimated on Wednesday that production in the 24/25 cotton harvest in Brazil will reach a record 3.82 million tons of lint, representing an increase of 5.4% compared to the previous season. The expansion of the planted area mainly drove this growth. According to StoneX, an increase in the area planted is expected […]
