Brazil soy and corn export tally to date

Excerpt from June 6th Conab special report

Nov 13 soybeans made their high for the year at 13.33 on June 7th.

Old crop was a different animal this past year but new crop peaked as expected.

July 26 comments

It has been an interesting week in Brazil for late July.

The Pope is here.

The wheat in southern Brazil froze along with many
other delicate crops such as fruits, veggies and
coffee trees.

I am in central Brazil. The last two nights we have
seen temps down to 10 deg Celsius or about 50 deg F.
We have been using the thick blankets. I bought them
1 year ago when it was 90 deg one day. It seemed
insane at the time, but we have been thankful for
them this week.

This is odd to have cool temps this late in the year.
If it is to get cool in these parts, it tends to happen
around the summer/winter solstice on June 21.

It is unheard of to have cool temps the end of July.

Back home in Northern MN it is also cool. They are
saying lows of about 40 deg for July 27 and 28th.
That is also a little bit batty.

Corn in Mato Grosso is 2 dollars per bushel spot.
Gov´t has kicked in with auctions to help move
the stuff. This will take time.

Safras says that soybean area for 2014 for Brazil
will be 28.9 million hectares. 1st and 2nd crop
corn area will be lower.

I have sent out 3 newsletters lately.

1. Land price evolution.
2. Acreage shift to soybeans over the last two years- from where to which crops
3. 2014 soybean cashflows for Mato Grosso  3 year analysis.

I have increased the cost of newsletter and flash updates.

For old subscribers I will honor earlier pricing.

Going forward I will tend to focus on my VIP clients
needs. Daily updates, port data, and specific
emails and research on a particular issue or data point.
Issues that are trending in Brazil at a specific time of year.
Machinery sales, fertilizer trends, land prices, and profit
and loss potential of various sectors.

The blog will become more active once planting
starts Sept 15th.

The year is zipping along quickly.
Good luck to those who have late planted crops.
Weather guys I watch are saying a chance for early
frosts in the Great lakes area in Sept.

Brazil soy and corn export totals to date 2013

Snap shot of cover page of Aug newsletter

July 7

Conab report July 9th. I will send out report.

Corn prices are now US$ 2.00 per bushel in Mato Grosso.

National strikes are being set for July 11th across the nation.

A Jatropha project that I have been watching thru the years
in Mato Grosso has been shut down.
Trees are being pulled up and the area will be planted to soybeans.
The elevator where the jatropha seeds were being stored
now has corn in it.

Hard to find a positive news item about Brazil these days.
The polarity has shifted.
I don´t think they are even saving kittens in Brazil these days.

Brazil got ahead of herself, time for correction and re-grouping of sorts.
How that will play out or what it will look like in two years is a crap shoot
these days.

DJ Brazil's Congress Acts on Reforms as New Protests Loom

DJ Brazil's Congress Acts on Reforms as New Protests Loom

 

  By Tom Murphy

 

  SAO PAULO--In a series of votes Tuesday night and into the early hours
Wednesday, Brazil's Congress began efforts to approve social and political
reforms, even as protestors prepared a new round of demonstrations for later
Wednesday.

 

  Brazil's Chamber of Deputies voted in favor of legislation that would
dedicate royalties from massive offshore oil reserves to public education and
health. The bill gives 75% of such revenue to education and 25% to health. The
legislation must now be approved by the Senate, where it is likely to pass.

 

  By a lopsided vote, the Chamber of Deputies defeated a proposed
constitutional amendment that would have limited the power of prosecutors to
investigate cases of corruption. The proposal was extremely unpopular with
voters and has been a frequent target of the protests that have rocked Brazil
for more than two weeks.

 

  In a speech Tuesday, Senate President Renan Calheiros, speaking in the name
of a broad coalition of congressional leaders, pledged to keep Congress in
session "for the next 10 to 15 days" in order to clear an existing agenda of
reforms. These include bills to increase federal transfer payments to states
and municipalities, a measure that should help localities improve
transportation, education and health services. Congress is also likely to vote
on a bill eliminating most taxes from a list of basic foodstuffs.

 

  Demonstrations have brought as many as a million Brazilians at a time into
the streets of more than a hundred cities. They are protesting issues such as
the high cost of living, rising bus fares, corruption and deteriorating public
services.

 

  At times, the protests have turned violent. At least four deaths have
occurred during demonstrations, according to police. Angry protestors have
clashed with police, who typically wield nightsticks and shields. The conflicts
have yielded hundreds of people injured or arrested. Protests also have turned
into episodes of looting and vandalism.

 

  Protestors were planning a new round of demonstrations for later Wednesday,
with the national capital of Brasilia and the inland metropolis of Belo
Horizonte as the focal points.

 

  In Brasilia, police were already toiling in the early hours of Wednesday to
cordon off an area around the city's downtown plaza, where the modernistic
structures of Brazil's federal government are located.

 

  For the first time since protests began, police in Brasilia will search bags
of demonstrators entering downtown areas. Police said they will also limit
vehicular traffic in certain areas of the city.

 

  In Belo Horizonte, protestors will focus on the city's huge sports stadium,
where Brazil will face off against Uruguay in a Confederations Cup soccer game
Wednesday afternoon.

 

  The Confederations Cup, a warm up to the 2014 World Soccer Cup, has also
been a frequent target for demonstrators, who bemoan the high cost to taxpayers
of preparing stadiums and other public works. Brazil is the host for both the
Confederations Cup and next year's World Cup, while Rio de Janeiro will host
the 2016 Olympics.

 

  Brazilian President Dilma Rousseff is expected to remain in Brasilia
Wednesday for more meetings with congressional leaders.

 

  In a televised news conference Tuesday night, Education Minister Aloizio
Mercadante said the administration was modifying a proposal on political reform
made by the president earlier this week. Instead of holding a referendum aimed
at creating a special constituent assembly on political reform, the
administration will ask Congress to schedule a public vote aimed at approval of
specific electoral and political party reforms.

 

  Congressional leaders and the president of the Brazilian Bar Association on
Tuesday criticized the original proposal as unworkable and, possibly,
unconstitutional.

 

  -Paulo Trevisani in Brasilia contributed to this article

 

  Write to Tom Murphy at tom.murphy@dowjones.com