Prolonged drought may give a respite in the Central-West and MATOPIBAPA
The prolonged drought in the Center-West and in the MATOPIBAPA region (Maranhão, Tocantins, Piauí, Bahia and Pará) presented challenges to farmers, delaying the planting of soybeans, corn and cotton. According to the National Supply Company (Conab), Mato Grosso, an important producer, records a 12% delay in sowing compared to the previous harvest. In the states of […]
Abiove and Vegetable Oil Association of India sign memorandum to strengthen trade between the two countries
The Brazilian Association of Vegetable Oil Industries (Abiove) and the Solvent Extractor's Association of India (SEA) signed a memorandum of understanding to strengthen trade relations between India and Brazil and facilitate the supply of soybean chain products to the Asian country . The agreement was signed at the International Seminar – Perspectives […]
LDC builds soybean processing plant in Ohio
Global agribusiness giant Louis Dreyfus Company (LDC) is building a soybean processing plant in Upper Sandusky, Ohio. The facility will offer integrated crushing, vegetable oil refining and lecithin production and packaging capabilities, the company said Oct. 20. “This development will further strengthen core commercialization capabilities […]
Brazilian companies and British multinational will build Tocantins' first corn ethanol plant
In partnership, Brazilian companies Agrojem and ACP and British company Czarnikow will build Tocantins Bioenergia, the first corn ethanol plant in the state. Construction is scheduled to begin in the second half of 2024; operations should begin in the second half of 2026. As reported by Globo Rural, in full operation, […]
Brazil and Argentina on alert due to wheat crops
Wheat farmers in the main Brazilian producing regions are on alert due to the weather conditions. After all, in Rio Grande do Sul, Emater reports that, as the harvest progresses, the initially expected quality and productivity are declining, due to the rainy weather. Furthermore, in Argentina, an important wheat producer, the drought that affected […]
Bunge profits fall 11% in third quarter
Third-quarter profits at global agribusiness giant Bunge fell by 11% compared to the same period last year. Earnings in the segment fell from US$528 million in the same quarter last year to US$472 million, the company announced on October 26. Agribusiness volumes were 18.85 […]