Stories by Marcelo Teixeira | Canadian Cattlemen

Brazil Amazon deforestation soars to 11-year high

By Marcelo Teixeira November 18, 2019

Sao Jose dos Campos, Brazil | Reuters — Deforestation in Brazil’s Amazon rainforest rose to its highest in over a decade this year, government data on Monday showed, confirming a sharp increase under the leadership of right-wing President Jair Bolsonaro. The data from Brazil’s INPE space research agency, which showed deforestation soaring 29.5 per cent […] Read more

Hogs, Livestock, Reuters

Chinese pork imports seen doubling over two years by 2020

By Marcelo Teixeira August 26, 2019

Sao Paulo | Reuters — Chinese pork meat imports are projected to sharply rise from 2.1 million tonnes in 2018 to 3.3 million tonnes in 2019 and 4.2 million tonnes in 2020, because of the African swine fever outbreak, broker and consultancy INTL FCStone said on Monday. FCStone estimated during a commodities outlook conference in […] Read more

Reuters

Bunge, BP team up for Brazil sugar and ethanol venture

By Marcelo Teixeira July 22, 2019

Sao Paulo | Reuters – U.S. commodities trader Bunge Ltd and British energy company BP Plc said on Monday they will merge their Brazilian sugar and ethanol operations to create the world’s third-largest sugarcane processor. The joint venture is the largest deal in Brazil’s bioenergy sector since Royal Dutch Shell joined forces with Cosan to […] Read more

Reuters, Soybeans

Brazil in talks to boost soymeal exports to China

By Marcelo Teixeira November 5, 2018

Sao Paulo | Reuters – Brazil’s soy processing executives are in talks with Chinese government officials over ways to increase soymeal exports to the Asian nation, industry group Abiove said on Monday. China already buys around 80 percent of Brazilian soybean exports. According to official data, Brazil exported 55 million tonnes of soybeans to China […] Read more

Corn, Crops, Reuters, Soybeans

Brazilian grain growers explore increased use of Panama Canal

By Marcelo Teixeira March 15, 2018

Sao Paulo | Reuters — Brazilian farmers in top soy state Mato Grosso signed a memorandum of understanding with the Panama Canal Authority to evaluate ways to cut transportation costs and boost Brazilian grain volumes using the waterway, the authority’s chief administrator said. The canal’s administration is looking to increase its participation in rising Brazilian […] Read more

Beef Cattle, Livestock, Reuters

JBS plans U.S. IPO for international unit

By Marcelo Teixeira December 6, 2016

Sao Paulo | Reuters –– Brazilian food maker JBS SA, the world’s largest beef processor, plans to launch shares of its subsidiary JBS Foods International B.V. in the U.S. in the first half of 2017 as a part of a larger reorganization, the company said on Monday. Under the plan, the unit currently based in […] Read more

General, Markets, Reuters

Brazil truckers continue some roadblocks after crackdown

By Caroline Stauffer, Marcelo Teixeira March 2, 2015

Sao Paulo | Reuters — Striking truck drivers resumed some roadblocks in Brazil on Monday, disrupting grain and meat shipments to southern ports even as the government cracked down on protesters and promised to give new benefits to the transport sector. By mid-afternoon there were 23 road blockages in three southern states, down from 99 […] Read more

Crops, Markets, Reuters, Soybeans

Brazil truck strike grinds into second week, port access cleared

By Marcelo Teixeira, Reese Ewing February 25, 2015

Sao Paulo | Reuters — Truckers staged nearly 100 roadblocks across Brazil’s farm belt on Wednesday as protests stretched into their eighth day, though access to the country’s biggest port was cleared after police clashed with protesters who had briefly halted traffic there. The steadily widening blockades have sparked growing fuel and supply shortages and […] Read more

U.S. livestock: Hogs rally again, cattle up on cash strength

U.S. grains: Wheat, corn ease after rallies

Fraser: In ag marketing, emotions need to start trumping facts

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