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Murray News

Drought in South region makes crop projections plunge

The drought in the South of Brazil, which has caused losses in crops in Paraná and Rio Grande do Sul, made the National Supply Company (Conab) on Tuesday to reduce its estimate for harvest of grains and fibers in 2021/22, to 284.39 million tonnes. Last month, when forecasts were positive, they were at 291.07 million […]

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12 de January de 2022/by Gelcy Bueno
Murray News

Ocean freights remain at record levels in Brazil driven by pandemic

After two years of pandemic, ocean freights remain at record levels in Brazil. On the one hand, the industry believes that prices in the short-term market have peaked and are unlikely to rise further. On the other hand, the persistence of the pandemic still generates a lot of uncertainty and makes forecasts difficult. In Brazil, […]

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12 de January de 2022/by Gelcy Bueno
Murray News

Votorantim-CPPIB deal values Cesp at R$9.1bn

The minority shareholders of Cesp, a São Paulo-based power generating company, managed to improve the conditions of the deal that will merge assets of Votorantim and the Canadian pension fund CPPIB. Led by Felipe Dutra, from the activist management firm Squadra, the independent committee set by Cesp to negotiate the deal recommended to the board […]

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11 de January de 2022/by Gelcy Bueno
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