Insights and Stories on Brazil

Dec. 21, 2016 at 6:20 pm CST

CNS Canada –– ICE Futures Canada canola contracts chopped around major support during the week ended Wednesday, as steady demand was countered by large supplies of oilseeds. Most traders rolled out of the January contract and into March, a move evidenced by the massive volumes on Monday and Tuesday. “People […]

By Dave Sims

Dec. 15, 2016 at 4:36 pm CST

Chicago | Reuters — U.S. soybean futures rose on Thursday, turning higher after testing key technical support levels, traders said. Corn and wheat futures weakened on a mild round of profit-taking. Wheat, which also was pressured by a firm U.S. dollar, had risen for the previous five days while corn […]

By Mark Weinraub

Nov. 30, 2016 at 6:45 pm CST

CNS Canada — Soybean futures at the Chicago Board of Trade look technically bearish, one U.S. analyst says, but spec-longs may keep support in the market. Corn futures, meanwhile, are expected to continue in a rangebound trend. “Corn is still basically in a trading range; it doesn’t excite people. Beans, […]

By Jade Markus

Oct. 26, 2016 at 4:18 pm CDT

Sao Paulo | Reuters — JBS SA has scrapped a program to move some operations outside Brazil after a government agency vetoed the move, sending shares of the world’s biggest beef exporter tumbling and dealing a blow to a plan to become a global food processing powerhouse. In a Wednesday […]

By Guillermo Parra-Bernal, Reese Ewing

Sep. 6, 2016 at 7:37 am CDT

Brasilia | Reuters — Brazilian police launched an investigation of fraud at state-run companies’ pension funds on Monday, as a judge ordered dozens of senior financiers and executives away from their firms, including the CEO of the world’s biggest beef exporter. Police carried out five arrests, more than two dozen […]

By Cesar Raizer