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Montevideo, September 21st 2024 - 12:26 UTC

Tag: Brazil agriculture

  • Thursday, June 29th 2023 - 08:14 UTC

    Lula government promoting Brazilian agriculture with US$ 76 billion financial support

    The Agriculture Ministry said that the 2023/24 “Safra Plan” would provide 364.2 billion reais (US$ 76 billion) (27%) increase in financial farming support

    Brazilian president Lula da Silva has increased subsidized farm loans as part of a national agriculture funding plan as he aims to strengthen ties with the sector, which has been driving the economic activity of the country.

  • Tuesday, June 26th 2018 - 08:51 UTC

    Brazil's second corn crop lower, but export forecast remains at 28m tons

    Agroconsult kept a forecast for corn exports at 28 million tons despite uncertainty related to freight truck prices

    Consultancy Agroconsult lowered its forecast for Brazil's so-called second corn crop to 55.2 million tons on Monday but left its export projection unchanged after a survey of fields in four states affected by planting delays and a drought. Agroconsult had estimated last month that the second crop, which farmers are currently harvesting, would total 57 million tons.

  • Friday, April 20th 2018 - 09:08 UTC

    EU bans chicken imports from several suppliers in Brazil

     “I was in Europe last week and we were waiting for a definition of how many, if any plants, were going to be de-listed,” Agriculture Minister Blairo Maggi said

    Europe’s decision to ban meat imports from several Brazilian suppliers affects 30 to 35% of the country’s exports to the bloc and will force companies to find new markets while officials work to reverse the measure, Brazil’s Agriculture Minister said.

  • Friday, February 9th 2018 - 20:18 UTC

    Brazilian current soy crop estimated at 110.4m tons, but 3.2% less than last year

    After a slow start, the rainy season has been beneficial for the soybeans since early November and as a result, Conabs soybean estimate could move higher. Pic: Cadu Gomes/CB/D.A Press

    In their latest monthly report, Conab (National Supply Company) increased their estimate of the 2017/18 Brazilian soybean crop by 1.2 million tons and they slightly increased their Brazilian corn estimate. Conab is now estimating the 2017/18 Brazilian soybean crop at 110.4 million tons which is 1.2 million tons more than last month's estimate (109.1 million tons). If realized, the 2017/18 crop would be 3.6 million tons lower than the 114.0 million tons produced last year (-3.2%).