A weekly report detailing South American agricultural markets. Includes the latest news and analysis, plus updated Brazilian and Argentine cash prices, exports, currencies, and our latest production and export estimates.

AgResource LATAM, Jun 15

BRL Real – Spot 1 USD = R$ 4,81 ARG Peso – Spot 1 USD = $ 248,46 Profit and Loss (P&L) Analysis of Soybean in Mato Grosso Brazil In recent years, seasonality in prices and volatility has constantly modified market conditions, encouraging and discouraging producers with decision-making on their properties, in addition to the…

AgResource LATAM, Jun 7

BRL Real – Spot 1 USD = R$ 4,92 ARG Peso – Spot 1 USD = $ 243,54   Brazil Commodities Exports Brazil’s soybean exports have seen a strong start just in March of 2023. But particularly in May the month achieved a record exports of 15.6 million metric tons (MMT). Notably, Argentina that faced…

AgResource LATAM, Jun 1

BRL Real – Spot 1 USD = R$ 5,06 ARG Peso – Spot 1 USD = $ 239,46   Conditions and production potential of Brazilian second corn crop Brazil is gearing up for a potentially record second corn harvest, leading to an expected surge in overall corn production. AgResource indicates that the total corn crop…

AgResource LATAM, May 24

BRL Real – Spot 1 USD = R$ 4,97 ARG Peso – Spot 1 USD = $ 235,72 Brazil’s crop estimates update. Soybeans Crop: The soybean harvest in Brazil is practically completed, and AgResource Brasil has updated the production estimate to 155,150 million metric tons (MMT) with 1,2 MMT more than the last estimates. This…

AgResource LATAM, May 17

BRL Real – Spot 1 USD = R$ 4,96 ARG Peso – Spot 1 USD = $ 228,46 South America’s fertilizers price and use 2023 x 2022. Due to the drop in grain prices, some Brazilian farmers are focused on their finances seeking to negotiate the grain in the market to honor their commitments and,…