Estimates of agribusiness in Rio Grande do Sul amid floods
Flooding still continues in Rio Grande do Sul and is generating significant concerns, especially in the agricultural sector. Marcos Rubin, founder of @Veeries Agronegócio, expressed his concern about the challenges arising from these adverse weather conditions. Excessive humidity has caused serious damage to soybean and corn crops, resulting in discounts for producers and […]
Amaggi starts testing with pure biodiesel
This Wednesday (15), Amaggi announced the start of testing the use of pure biodiesel, B100, in its river fleet. Therefore, this marked the first time in Brazilian history that a vessel was entirely powered by this type of fuel. The pusher “Arlindo Cavalca” left last Saturday (11) from Porto Velho (RO), […]
Floods: rice is the crop that causes the most concern
According to data from Itaú BBA's Radar Agro report, excess rain, the result of the combination of a still active El Niño and a warmer Atlantic Ocean, affected rice production. Rio Grande do Sul is responsible for approximately 70% of national rice production. Due to El Niño, planting […]
US soybean futures fall
Last night, US soybean futures declined, driven by ample global supply and the advance of domestic planting. Furthermore, according to the most recent reports from the US Department of Agriculture, global ending stocks for the 2024-2025 marketing season are projected at 128.5 million metric tons, an increase […]
Indian palm oil imports reach peak in April
India's palm oil imports rose to the highest level in three months in April as lower prices attracted buyers, while imports of competing soybean oil fell, a leading trade body said on Tuesday. Palm oil imports grew by 40.9% in April in […]
Brazilian wheat may become less profitable in the 2024 harvest
Amid a global scenario of increasing wheat production, with records and high productivity in the main producing countries, Brazil faces a challenge that could compromise the national harvest, particularly in Rio Grande do Sul, which accounts for at least 39% of production from the country. This state has suffered from excessive rainfall […]
Losses in RS soybeans total at least 2.4 million tons
Brazil's soybean harvest in 2023/24 was estimated this Monday at 142.82 million tons, considering a loss of 2.4 million tons in production in Rio Grande do Sul, consultancy firm Pátria AgroNegócios pointed out in a report. Positive adjustments in other states partially offset the reduction in Rio Grande do Sul. In comparison […]
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. […]
