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Grains Dec, 03, 2018 0

Brazil’s corn and rice exports are down

Meanwhile, ANEC predicts Brazil’s corn exports will feel the effects of the rise in transportation costs as a direct result of the minimum freight rate for trucks. As a result,…
Grains Dec, 03, 2018 0

Mato Grosso plants 90% of its soybean crops

According to agricultural consultancy AgRural, Mato Grosso, Brazil’s largest soybean producing state, has finished planting 90% of its soybean crop this year and is expecting an early harvest at the…
OTI Rankings Dec, 03, 2018 0

Mills in the Center-South region extend cane processing period

According to Brazilian cane industry group Unica, mills in the center-south region have extended cane processing due to the advent of heavy rain. The organ believed that 79 mills were…
OTI Rankings Dec, 03, 2018 0

Biosev SA plans to sell nine production units

Sugar producer Biosev SA has hired Rabobank to explore opportunities for potential sales of nine of its production units in Brazil’s center-south region. The company already sold two mills in…
OTI Rankings Dec, 03, 2018 0

Brazil to raise biodiesel-diesel blend to 15% by 2023

Brazil plans to increase the biodiesel-diesel blend sold at the pump to 11% in June 2019 and to 15% by 2023. The new mandate is expected to boost Brazil’s biodiesel…
OTI Rankings Dec, 03, 2018 0

Brazil’s sugar production hit 10 year low

Brazil’s sugar output reached a 10-year low between April 1 and November 16, down 27% to 25.13m tons YoY. The country’s cane crushing in the Center-South region fell as well,…
Economy Dec, 03, 2018 0

Brazil’s steel industry expects upturn as Bolsonaro takes over

Brazil’s steel industry is optimistic of an upturn in investments in the second semester of next year, following president-elect Bolsonaro’s intention to eradicate institutionalized corruption as he vowed to do…
Other Cargo Dec, 03, 2018 0

Brazil’s pulp production remains steady in October

Brazil’s pulp production remained steady in October at 1.6m tons YoY, while paper production rose 3.7% to 929,000 tons. Pulp sales rose 5.9% to 1.09m tons during the same period…
Other Cargo Dec, 03, 2018 0

Argentina on verge of nuclear power plant deal with China

Argentina is on the verge of closing a nuclear power plant deal with China worth US$8bn.  This would further cement China’s ties with Argentina, making the US more uncomfortable about…
Meat Dec, 03, 2018 0

Federal Police finds irregular tax practices at Marfrig

Last week, as part of an investigation entitled ‘Operation Computer Mud’, Brazil’s Federal Police (PF) uncovered irregular tax practices at Marfrig, the world’s second largest meat company.  Fortunately for the…