Sao Paulo | Reuters –– Brazil’s soy exports will likely slow because a six-day fire at a nearby fuel-storage facility has restricted access to Brazil’s largest port, Santos, a port official and the soy industry association Abiove said on Tuesday. Authorities have agreed to restrict truck access to some terminals at the port at least […] Read more
Brazil soy exports likely to slow after fire near Santos port
Soybeans cut swath through Prairie wheat belt
Winnipeg | Reuters –– Soybeans, once a novelty in western Canadian fields, are poised to reach record-large acreage again this year, and some of the world’s biggest seed companies are betting they have further room to grow in a region known for wheat and canola. Farmers on the eastern side of the Prairies are turning […] Read more
Argentine soy stocks double as farmer-government tensions rise
Buenos Aires | Reuters –– Argentine farmers have stockpiled more than twice as much soy this year than last, defying a government desperate to increase export tax revenue needed to finance rising state spending ahead of the October presidential election. Growers say the increase in soybean reserves, to 7.4 million tonnes from 3.4 million, comes […] Read more
Argentina says ‘worried’ about flooded soy fields
Buenos Aires | Reuters — Flooding in some of the soy-growing areas of Cordoba, Entre Rios and Santa Fe provinces has become “worrying” to the government as farmers get ready to start harvesting the 2014-15 crop, the agriculture ministry said in its weekly report on Friday. The northern part of the Pampas grains belt has […] Read more
Floods in Argentina expected to cause soy crop losses
Buenos Aires | Reuters –– Some of Argentina’s northern soy-growing areas were flooded by heavy rains in the past week, the Buenos Aires Grains Exchange said Thursday, warning that it may lower its 57 million-tonne 2014-15 harvest forecast in the coming weeks. The country is the world’s No. 3 soybean exporter and top supplier of […] Read more
Soybeans to see continued growth in Saskatchewan
CNS Canada — Soybeans are a relatively new crop in Saskatchewan, but are generating more traction and are expected to increase their footprint in 2015. Saskatchewan farmers planted 270,000 acres of soybeans in 2014, nearly double the previous year, according to Statistics Canada data. “We’re expecting soybean acres to rise again,” said Carl Potts, executive […] Read more
Argentina tracks soy hoarding by registering silo bag sales
Buenos Aires | Reuters — Argentina will keep an eye on how much soy is being hoarded on farms throughout the country by requiring that the sales of silo bags be reported to tax authorities, according to a government resolution announced Monday. The oblong industrial-strength plastic bags have come to dot the Pampas grains belt […] Read more
Brazil warns of fines for striking truckers
Brasilia | Reuters –– Brazil’s Justice Minister Jose Eduardo Cardozo said Thursday the government would impose fines of between 5,000 and 10,000 reais (C$2,167 to $4,334) per hour on striking truckers who have blocked roads in key agricultural states for nine days. The planned fines come a day after the government attempted to negotiate an […] Read more
Soybeans’ potential seen growing on Prairies
Winnipeg | CNS Canada — Soybean acres in Canada — particularly Western Canada — are expected to be on the rise, according to an analyst. “I’m basing that on new varieties as well as price,” Chris Beckman, oilseeds analyst for the grains and oilseeds division of Agriculture and Agri-Food Canada, told the annual Wild Oats […] Read more
Pearce: Monsanto’s next-gen weed control trait on deck
The question has been asked time and again for the past three or four years: when will we see Monsanto’s Xtend technology in Canada? The answer has been wrapped up in a long list of concerns and government procedure, but the first glint of opportunity for growers has cleared the next-to-last of a series hurdles. […] Read more
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