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Murray News

Appeals court keeps Brazil’s oil export tax on hold

Judge rejects federal appeal, leaving injunction in place for five oil companies until a full appellate panel rules on the case     04/10/2026 A federal appellate judge in Brazil has rejected the federal government’s request and upheld a preliminary injunction suspending collection of the oil export tax for five oil companies operating in the […]

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10 de April de 2026/by Gelcy Bueno
Murray News

War drives up Brazilian export shipping rates

Container freight from Brazil to Mediterranean-Middle East route jumps 67% in April from March levels as conflict tied to Iran disrupts capacity and raises costs 04/10/2026  Brazil’s ocean export freight rates surged in April amid uncertainty over the future of the war involving Iran. Data from Solve Shipping show that prices for container exports from […]

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10 de April de 2026/by Gelcy Bueno
Murray News

JBS sees cattle prices falling in H2 after China quota filled

Weaker demand may create surplus of Brazilian beef     04/09/2026  The expected filling of Brazil’s beef export quota to China by midyear, combined with a growing supply of feedlot cattle ready for slaughter, is likely to push cattle prices lower in the second half, JBS CEO Gilberto Tomazoni said on Tuesday. A potential drop […]

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10 de April de 2026/by Gelcy Bueno
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  • Appeals court keeps Brazil’s oil export tax on hold
  • War drives up Brazilian export shipping rates
  • JBS sees cattle prices falling in H2 after China quota filled
  • Risk premiums rise as confidence in credit market weakens
  • Brazil court suspends export tax for five foreign oil majors

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