Acorn Advisor News Today

Weather concerns in South America has been a key factor driving soyabean and maize markets higher. Over the past couple of weeks, nearby Chicago soyabean futures have been hitting highs not seen since last August/September time.

Since the start of November last year, there has been an element of support for nearby Chicago soyabean prices.

A tale of two crops is developing in South America. Michael Cordonnier with Soybean and Corn Advisor says soybean planting is ahead of normal in Brazil. “Mato Grosso is doing really good, 83 percent planted. Parana about 50 percent planted, an...

As northern hemisphere harvests progress, focus has started to turn towards cropping intentions, plantings and crop development in South America for this season.

As northern hemisphere harvests progress, focus has started to turn towards cropping intentions, plantings and crop development in South America for this season.

Posted By: Jacob Just

Pierre, SD, USA / DRGNews Apr 13, 2021 7:32 AM Brazil last week announced it will lower the percentage of vegetable oil blended into petroleum diesel. Brazil will reduce the blend from 13 percent, or B13, to ten percent, or B10. Brazil’s government claims the change is the result of the high cost of biodiesel, citing the elevated price of domestic soybeans and soybean oil. Michael Cordonnier of Soybean and Corn Advisor Inc. writes, “The industry feels this will throw the biodiesel sector in...

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