Cargill has agreed to acquire Brazil-based SGS Microingredients for an undisclosed sum in a move to expand its business in the industrial oils segment. The acquisition of SGS Microingredients is said to be in line with Cargill’s ...
Tags: Cargill, Industrial Oils
The amount of sugarcane crushed in Brazil's Parana state in the first 15 days of November was down 31% year on year to 1.61 million mt, the Bioenergy Producers Association of Parana (Alcopar) said. Parana is one of the sugarcane producing ...
Dry conditions continue to slow Brazil's soybean planting season. Although sowing has advanced, forecasts indicate that the rains will remain irregular, and producers may have to work on replanting. In Mato Grosso, which is the largest ...
Tags: Soybean, soybean production
The US Department of Agriculture’s (USDA) Animal and Plant Health Inspection Service (APHIS) will allow fresh beef imports from Argentina and Brazil under certain conditions to reduce the risk of foot-and-mouth disease (FMD). The ...
Tags: Fresh Beef Imports, fresh beef
Mexico-based soft drink bottler Coca-Cola Femsa has plans to invest $200m to expand its operations in Brazil. The company intends to use the investment on developing different kinds of packaging such as minipets. It will also invest in ...
Tags: soft drink, Coca-Cola
Brazil is set to recommence meat exports to Saudi Arabia and China by the end of this year, Brazil’s agriculture minister Neri Geller said. This announcement follows China's decision to remove its ban on Brazilian beef and speed up ...
Tags: Brazilian beef, Agriculture
Monday's USDA Crop Production caught the market's attention for a short time, but since then, the focus has turned to the weather in key soybean-growing areas of South America. Though rainfall is forecast in some of those critical areas, ...
Tags: Soybean, Agriculture
Tyson Foods has signed a deal to sell its poultry operations in Mexico and Brazil to JBS for $575m, as part of efforts to pay down debt associated with its $7.7bn purchase of Hillshire Brands. Tyson's Mexican operations will be ...
Tags: Tyson Foods, Poultry, Foods
Egypt and Peru have imposed a ban on imports of beef from Brazil following the confirmation of a case of Bovine Spongiform Encephalopathy (BSE), or mad cow disease in Mato Grosso state, a major beef producer and importer in the country. ...
Tags: Egypt, Brazilian Beef
French carmaker Renault has announced a new investment of R$500 million ($223.5 million) over the 2014-2019 period. This investment will be channeled into the development of two new cars at Renault's plant in Curitiba, in the Brazilian ...
Tags: Renault, French carmaker
Domestic ethanol prices in center-south Brazil retreated on Friday following the early start of the 2014-15 harvest. The ex-mill Ribeirao hydrous ethanol assessment decreased to R$1,600/cu m -- the lowest in almost a month as traders ...
Brazil cuts corn & soybean crop production forecasts. Brazil revealed the first estimates of damage to its crop prospects from hot and dry weather, cutting forecast for corn and soybean production, but the downgrades failed to prevent ...
Tags: Agriculture, weather, soybean, Corn
Brazil revealed the first estimates of damage to its crop prospects from hot and dry weather, cutting forecast for corn and soybean production, but the downgrades failed to prevent a tumble in Chicago futures. The Conab crop bureau cut by ...
Tags: corn and soybean production, lack of rainfall, influenced by climate
PRC, Bearish news continues to dominate the newswires in China. Many pork producers continue to be constrained by negative margins as the industry grapples with oversupply. Meanwhile, the poultry industry remains rocked by the H79N virus ...
Tags: Agriculture, Food
Fuel ethanol traders have swamped the freight market with inquiries for westbound transatlantic rates as multi-year low prices in Rotterdam have prompted interest in exports to Brazil, where stocks could fall to razor-thin levels before the ...
Tags: Ethanol Exports, Chemicals