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Entries by Gelcy Bueno

Vetoquinol expands in Brazil, develops products for export

Vetoquinol, one of the largest veterinary companies in the world, expanded revenues in Brazil by 22% last year, to R$129.4 million. By 2026, the French multinational expects to double the size of the operation by creating and exporting products to nearby markets. Jorge Espanha, the company’s chief executive in Brazil, linked last year’s performance to […]

EU seeks companies in Brazil to encourage transition technologies

A Brazilian farmer who wants to adopt some practice that reduces greenhouse gas emissions in his property may not always know or have available the necessary technologies to put his ideas in place. But these technologies do exist, and the European Union is making its efforts to show that there may be companies in the […]

Agribusiness exports grow 65% in February

Brazilian agribusiness exports reached $10.51 billion last month, 65.8% more than a year earlier and a new record for February, according to data from the Secretariat of Foreign Trade (Secex) compiled by the Ministry of Agriculture. So far, the best February ever had been 2019. Both the average prices of exported products and volumes increased […]

Canada opens market for Brazilian beef, pork

Agriculture Minister Tereza Cristina said on Monday that Canada has authorized the start of imports of beef and pork produced in Brazil. She is in the country to meet Canadian executives to try and expand the potash supply to Brazil. “The opening means that we exceed the 200 markets set by me as a goal […]

Brazil commits to increase oil exports after U.S. request

The Brazilian government has committed to increase oil exports amid a U.S.-led effort to mitigate the impacts on global supply in the face of U.S. sanctions on Russian production and to contain the appreciation of the barrel on the international market. Yet, despite its growing share in global exports in recent years, Brazil has a […]

Foreign capital brings R$80bn to Brazilian stock market

The foreign investors have already brought almost R$80 billion to the Brazilian stock market this year, including purchases on the spot market, futures and stock offerings. In less than three months, Brazilian stock exchange B3 has already attracted 57% of the volume that came in last year. In the face of the Russia-Ukraine conflict, Brazil […]

Market projects higher benchmark interest rate

A scenario that was already difficult for the disinflation process took on even more complex contours, which is ex require a higher interest rate. The significant worsening of the balance of risks for inflation, in the wake of the war in Ukraine, knocks on the door of the Monetary Policy Committee (Copom) of the Central […]

A “state plan” for fertilizers without government investment

The National Fertilizer Plan will not receive direct financial contributions from the federal government. Instead, investments in new factories for the expansion of fertilizer production will come essentially from the private sector, although companies are likely to take advantage of fiscal and tax breaks – if these facilities actually get off the drawing board. The […]

High oil prices boost collection of states, municipalities

Besides putting pressure on fuel prices, high oil prices are likely to contribute this year to a greater-than-expected growth in revenues from royalties and special participations — an additional amount levied on specific fields — collected by the federal government, states and municipalities. The total value of government participation may increase to R$111.5 billion this […]

Cimed gears up to grow above market in 2022

Leader in sales volume of over-the-counter drugs expanded more than 20% in 2021 11/03/2022 Jose Roberto Lettiere — Foto: Silvia Zamboni/Valor Cimed, Brazil’s leader in OTC drugs in sales volume, grew twice as much as the country’s market for drugs last year and intends to repeat this performance in 2022. “There are still many open […]