Brazilian pork exports (fresh and processed) recorded a 20.3% increase in February, totaling 81,100 tons compared to 67,400 tons registered in the same period in 2020. Revenues from sales in February totaled US$ 185.7 million, 19.9% higher than the second month of 2020 when sales reached US$ 154.9 million.
Brazilian soy shipments this month should reach 15 million tons, which could establish a new record for a month, according to the maritime agency Cargonave, considering the 250 ships in the export line-up, a growth of more than 40% compared to the number seen in the same period last year.
Brazilian meat-packers has asked the agriculture ministry for authorization to import live cattle from Paraguay, bur farmers organizations have strongly criticized the initiative. The request to import live cattle from Paraguay, made by a trade group based in Mato Grosso do Sul, which borders Paraguay, comes as Brazil's cattle availability has fallen in recent months due to strong demand from meat processors.
Some 864 head of cattle aboard the ship Karim Allah are to be sacrificed, Spanish authorities confirmed on Saturday, following days of controversy over the animals' health.
A US$ 5.4bn green hydrogen hub has been planned in Ceará, northeast Brazil, and most probably the first-of-its-kind in Latin America. Set to be located at the Pecém Industrial and Port Complex (CIPP), 60km from Fortaleza, the hub will be built by Australia’s Enegix Energy.
Brazil should only begin free trade talks with Indonesia if it adopts recommendations made by a World Trade Organization panel in 2017 after a dispute over halal chicken, Brazil's meat lobby ABPA said in a letter sent to three government ministries.
There is no chance at the moment that France will ratify a free-trade deal between the European Union and the Mercosur group, an official at the presidential palace in Paris said on Monday.
FAO's Cereals Supply and Demand Brief point to record wheat and rice production in 2020 and looking ahead to 2021 cereal output, early prospects indicate a likely modest increase for winter wheat crops in the northern hemisphere, buoyed by acreage increases in France, India, the Russian Federation and the US.
Despite confusing news from Argentina following president Alberto Fernandez's announcement that he is prepared to reimpose levies on grains and oilseeds exports if food prices keep increasing, oilseed crushers said they had reached a deal with the government to hold down domestic edible oil prices.
Global food prices rose in January for the eighth consecutive month, led by cereals, vegetable oils and sugar, according to the Food and Agriculture Organization of the United Nations (FAO).