Brazil's exports of beef and pork have retaken volumes from before the pandemic, as reported by Canal Rural. For example foreign sales of fresh, frozen, or refrigerated beef generated US$ 785.557 million in June (16 working days), with a daily average of US$ 49.097 million. The total amount exported by the country reached 154,625 tons, with a daily average of 9,664 tons, while the average price per ton was US$ 5,080.40. Read full article
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Disclaimer & comment rulesLook, Brazil is accumulating a lot of capital. Many Brazilian companies, mainly those linked to agribusiness, are extremely capitalized, ready to make large investments. The next meeting of the Monetary Policy Committee will be the trigger for this to happen.
Jul 04th, 2023 - 12:24 pm - Link - Report abuse -1Brazil has never made as much money from foreign trade as it does now. Some analysts say this is just the beginning.
Looks like corn may be next: https://www.bbc.com/news/world-us-canada-66089408
Jul 07th, 2023 - 03:00 pm - Link - Report abuse 0Commenting for this story is now closed.
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