StoneX cuts 2024/25 wheat production forecast in Brazil
StoneX updated its estimate for Brazil's 2024/25 wheat production, projecting a drop of 6.8%, from 9.22 to 8.59 million tons. At a time when attention is focused on Rio Grande do Sul (RS), after floods caused great material and human losses, authorities carried out a first cut […]
MP authorizes Conab to import 1 million tons of rice
Lula government publishes provisional measure authorizing Conab to import up to 1 million tons of rice, processed or in husk, exceptionally. Public auctions at market prices will carry out the operations, due to the tragedy that is plaguing Rio Grande do Sul, the largest food producer, an initiative that, on the other hand, goes against the interests of the sector. […]
