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Murray News

Abiove revises upwards estimates for soy production, exports in 2022

Harvest reached 126.9m tonnes, compared with 126.6m projected in August 09/15/2022 The Brazilian Association of Vegetable Oil Industries (Abiove) has revised upwards estimates for soybean harvest, processing, and exports in 2022. According to new figures released on Wednesday, the harvest reached 126.9 million tonnes, compared with 126.6 million calculated in August. Even so, the result […]

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15 de September de 2022/by Gelcy Bueno
Murray News

Analysis: Forex reserve target may intensify exchange rate fluctuations

Economy Ministry is studying band for volume of reserves 09/14/2022 Rule adds instability to the market because the Central Bank would also become a buyer of foreign currency in a moment of scarcity — Foto: Scott Eells/Bloomberg The eventual adoption of a target for foreign exchange reserves could usher in a procyclical exchange rate policy, […]

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14 de September de 2022/by Gelcy Bueno
Murray News

Rules for deforestation-free products may impact EU-Mercosur agreement

Brazil, along with 13 other commodity-producing countries, stressed recently the importance of being consulted before European decision 09/14/2022 Virginijus Sinkevicius — Foto: Silvia Zamboni/Valor The position adopted by the European Parliament on a regulation aimed at “deforestation-free” products will inevitably impact the European Union’s relations with Brazil, analysts say. “The question now is whether today’s […]

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14 de September de 2022/by Gelcy Bueno
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