Nigeria to boost palm oil production by 700% over the next eight years
Nigeria plans to increase its palm oil production by 700% over the next eight years to improve its foreign exchange earnings, Bloomberg reported on June 14. The new policy will increase local production to about 5 million tonnes/year from the current 600,000 tonnes/year, investing up to 180 billion naira […]
Pig market begins July with drop in prices
The pig market had a slight devaluation in the last week. With the market still waiting for salaries, domestic demand remained contained, which made prices less firm. In the last seven days, on farms in São Paulo, the price of finished animals fell by 1.0%, being traded, on average, at R$102.00 per arroba. At the […]
Brazil and Argentina can close free trade with the USA
The president of Argentina, Maurício Macri, celebrated the agreement between Mercosur and the European Union and stated that our neighbors can join Brazil to close a free trade agreement with the United States. The Argentine president, however, did not give details about the possible agreement. “In a few months, we will go after […]