MercoPress. South Atlantic News Agency
Stories for December 12th 2023
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Tuesday, December 12th 2023 - 10:00 UTC
Brazil forecasts a grains harvest of 312 million tons, but climate conditions will hinder soybeans
Brazilian farmers are expected to harvest some 312 million tons of grains and oil seeds in the 2023/2024 crop, which will be 2,4% lower than the record volume of the previous crop.
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Tuesday, December 12th 2023 - 09:03 UTC
Chinese economy slower trend impacting the Brazilian beef market
The impact of a slower Chinese economy has started to be felt in Brazilian exports of proteins, mainly beef with considerable lower prices. Last November and ahead of the stock storing in China for the coming New Year celebrations next February, Brazilian sales increased 47% and reached 256.000 tons compared to 173.000 in 2022, but the overall revenue only grew from 872,4 million of one billion.
