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Entries by Gelcy Bueno

Chinese companies seek to deepen cooperation

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 […]

USDA projects Brazil’s soybean harvest at 158 million tonnes

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 […]

Severe weather punishes soybean production in Mato Grosso

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 […]

Local assets off to strong start of year driven by foreign investors

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 […]

BP Bunge gives up on selling assets after failing to find a buyer

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 […]

Delinquency rates cloud large banks’ results

Analysts predict that Brazil’s four largest banks will report divergent performances 01/31/2023 Bank’s earnings season starting Thursday is expected to show an even stronger growth of credit portfolios in the fourth quarter of 2022 and batter financial margins. The big unknown factor is the impact of the court-supervised reorganization of retail giant Americanas on the […]

Natura’s luxury brand Aesop attracts interested buyers at $2bn

LVHM, L’Oréal, and Shiseido are among those interested in buying business 01/31/2023 Aesop’s market capitalization of $2 billion is higher than expected, according to a report by Citi — Foto: Silvia Costanti/Valor Natura has started receiving preliminary consultations for the purchase of a stake in Aesop, a luxury brand of the Brazilian cosmetics giant, sources […]

Price of farmland for cereal grains rise 45% YoY in 2022

Strong investor demand and positive profitability of agricultural production were key factors, says global report 30/01/2023 Prices for farmland dedicated to cereal grains in Brazil rose by an average of 45% year-on-year in 2022. The average value per hectare of soybean and corn plantations, for example, rose to R$53.300 from R$36.700, driven by strong investor […]

Market sees Selic unchanged for a while

On the eve of the Copom meeting, de-anchored inflation worries agents 01/30/2023 Agents expect key interest rate Selic to remain at 13.75% on Wednesday — Foto: Marcello Casal Jr/Agência Brasil The recent criticism the current administration has made of inflation targets and the persistence of fiscal uncertainties have translated into a movement of de-anchoring of […]