Brazil’s trade deficit with the US shrinks 92% in 2023 amid steep decline in fuel imports 01/12/2024 Abrão Neto — Foto: Divulgação Trade between Brazil and the United States in 2023 saw a decline in export revenue and overall trade flow compared to 2022. However, exports of industrial goods reached a historic high of $29.9 […]
Ministry of Agriculture is considering line with the Brazilian Development Bank to help industry renegotiate debts of producers affected by crop failure 01/12/2024 Carlos Augustin — Foto: Guilherme Martimon/MAPA AGRO The forecast of a drop in grain production in the 2023/24 season and the fall in profitability in the countryside, with the maintenance of high […]
Lack of resources in 2023 among challenges to solve illegal mining problem 01/11/2024 Illegal mining in Yanomani indigenous territory — Foto: MMA/Divulgação The rebound in the humanitarian crisis in the Yanomami indigenous territory has as its backdrop an internal crisis in the government. Since the intervention in the first days of 2023, when scenes of […]
Expansion plan for the coming years includes two bidding processes in 2024, with investments of R$24.7bn 01/11/2024 Thiago Prado — Foto: Wenderson Araujo/Valor Investments in new transmission lines could reach R$56.2 billion in the coming years. The estimate is part of the Transmission Expansion Program (PET) and the Long-Term Expansion Plan (PELP) for the second […]
Plans for reindustrialization and need to expand infrastructure are among motives attracting investors from China 01/10/2024 Plans for reindustrialization, the need to expand infrastructure and low investment risks have put Brazil in the sights of Chinese investors. During the Brazil China Meeting forum, which began on Wednesday in Shenzhen, companies that have already won auctions […]
Projection is lower than the 161 million tonnes in December’s report 01/10/2024 The scenario could result in a loss of productivity for the country’s crops, currently estimated at 3,507 kilos per hectare — Foto: Wenderson Araujo/CNA The United States Department of Agriculture (USDA) attaché in Brasilia estimated Brazilian soybean production at 158 million tonnes for […]
Early harvests in the state show a drop of more than 50% in yields 01/10/2024 Soy plantation affected by the weather in Mato Grosso — Foto: Sadi Beledelli/Arquivo Pessoal The start of the 2023/24 soybean harvest in the state of Mato Grosso, Brazil’s largest producer, is a portrait of the deleterious effects of the adverse […]
Yet Brazil’s advance looks tepid amid global rally 02/01/2023 Brazil’s benchmark stock index Ibovespa gained 3.4% over the month influenced by the upward movement of international stock markets — Foto: Divulgação/B3 Given the turmoil investors faced at the beginning of 2023, January was a good month for risk assets. Driven by foreign capital, the stock […]
Controlling shareholders concluded that bids “were not satisfactory” 02/01/2023 BP Bunge Bioenergia, valued by the market at around R$9 billion, can process 33 million tonnes of sugarcane per harvest — Foto: Divulgação The sale of the sugar-and-ethanol joint venture formed by U.S. company Bunge and British oil company BP will be formally called off due […]