Soybeans
Rio Grande do Sul Struggles on Weather Losses. Again
Soybean output in the state has been affected by adverse weather for the fourth season in a row, raising concerns on farmers' finances
International
Tradings
How Cofco Prepares to Gain More Ground in Brazil’s Exports
In recent years, Cofco International has secured a leading position in Brazil’s commodity exports. Now, it is close to filling a crucial gap to gain an even larger share of shipments. By the end of March, the Chinese giant will start operations at its new terminal at Santos Port, tripling its export capacity at Latin […]
Logistics
Brazil’s Truck Obsession Keeps Rising as Railway Investments Fail
The share of railways in soybean transportation from farms to ports declined from 47% in 2010 to 33% in 2023, a study shows
Outlook
Record Harvest, Weak Real Poised to Drive Agribusiness Recovery
If the harvest proceeds as expected, farmers are likely to be in a better position to meet payment obligations in April and May
Commodities
Brazil Coffee Traders' Turmoil May Be Far From Over
Montesanto Tavares' protection request has highlighted the crisis faced by coffee trading companies, a working capital issue caused by an unprecedent price rally
The End of Submission Diplomacy: Brazillian Meatpackers Assert Their Power
Carrefour CEO apologized for a statement questoning the quality of Brazilian beef after meatpackers halted deliveries to the retail chain
Inputs
Boa Safra Cancels Orders Amid Payment Concerns
Boa Safra, Brazil’s largest soybean seed producer, has canceled orders from some distributors unable to provide sufficient payment guarantees. This decision affects major clients such as Agrogalaxy (AGXY3), controlled by Aqua Capital. In the third quarter, large retailers represented just 20% of Boa Safra’s portfolio, down from 40% last year. The company’s net revenue dropped 26% […]
Results
Marfrig to Distribute $434 Million in Dividends
Marfrig announced 2.5 billion reais ($434 million) in dividends, following a strong cash flow and record results from its subsidiary, the chicken giant BRF. Additionally, the 5.7 billion reais ($990 million) payment made by Minerva to Marfrig for the acquisition of 13 slaughterhouses in October will enable meatpacker to reward shareholders while reducing leverage from […]
Earnings
JBS Hits Record Margin in Brazil's Chicken Unit
In the U.S., Pilgrim’s Pride, another JBS subsidiary, also reported its best margin in seven years
Beef
Cattle Prices Surge in Brazil, Squeezing Meatpackers’ Margins
Since September, the cost of livestock has skyrocketed by 50%, with no clear consensus among experts on whether prices have peaked