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luisvieira
Senior Contributor

Brazil, Argentina

The USDA is confirmed what it had projected for the Brazilian soybeans crop. The estimates for the 2012/13 season continue to be at 81 million tons. If that trend becomes reality, Brazil will dethrone the US as the biggest soybean producer.

 

For Argentina, the USDA predicts a 55 million tons soybean crop in 2012/13. However, they already have 17 municipalities in state of emergency because of flood which are affecting the crops in the Buenos Aires province.

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12 Replies
giolucas
Veteran Advisor

Re: Brazil, Argentina

Last year drought in Argentina and Brazil  and now Floods in Argentina.....what the heck?!!  If there are any problems with the Brazilian Objective of 81 million tons  then where is this price going $ 25-$ 30.? Who knows but things are looking uncertain to say the least.

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sw363535
Honored Advisor

Re: Brazil, Argentina

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sw363535
Honored Advisor

Re: Brazil, Argentina

That would be vegitarian apple pie.

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marketeye
Veteran Advisor

Re: Brazil, Argentina

Luis,

 

It was announced this morning (Friday the 14th) tha Argentina will allow 2.75 metric tons more of corn on the export market. Now, it looks like Brazil and Argentina will provide more competition for the U.S. on the global export market.

 

Luis, my question to you is how much of a factor do you see Argentina being on the corn export stage? Also, I  understand you are going to Argentina soon. What will you be reporting about when you get there?

 

It appears the U.S. is facing more and more corn production competition.

 

Mike

luisvieira
Senior Contributor

Re: Brazil, Argentina

I will be working on assignments about corn and soybeans there. I would confirm your insights. Currently, the USDA is saying that the Argentina corn production will shrink 0.5 percent to 272 million tons, but the Argentinian minister of Agriculture, Norberto Yauhar, is projecting that 16.45 million tons of it will be exported - which is 15 percent more than last year.

 

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floydboy
Frequent Contributor

Re: Brazil, Argentina

Reuters News yesterday quoted the Buenos Aires Grain Exchange as saying that the heavy rain "only affected a small portion of the 2012/13 wheat crop and the heavy rains have been beneficial in many areas."

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giolucas
Veteran Advisor

Re: Brazil, Argentina

sw,

 

never had an apple pie with meat before.  That sounds like a pot pie Smiley Happy

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sw363535
Honored Advisor

Re: Brazil, Argentina

Giolucas,

 

Sorry a bit busy today,    But here's my thought-----------your on the ground floor here--------------

 

After a few trips to the gettin place with the boss, I have learned that for most folks in that store-----------------no meat in apple pie----------------------------((they don't know that)).  

 

 

And I have learned that they will pay a few dollar more for vegitarian/or organic anything.  

So I figure the label(whats on the wrapper) is all they care about------they'll eat anything, the "EVIDENCE IS IN THE CART".

as long as the label contains the right words.-------------------like that ever popular product that sells for $4+ per ounce-------------------------------FIVE HOUR ENERGY-------------------------they'll eat anything, the "EVIDENCE IS IN THE CART".

 

this could go on for a while but I gotta get to your great idea.

 

Giolucas,---------------------------You have got something there, but it sounds like you are way ahead of me on it.

 

                                                                                                     

-------------------------------------------------------------------------------(POT) PIE------------

Its an old idea from the 60's "BUTT"---------it'll sell.  Smiley Happy

 

 

 

 

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giolucas
Veteran Advisor

Re: Brazil, Argentina

Sw ,
i hear you loud and clear. Smiley Wink
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