The Brazilian Association of Vegetable Oil Industries (Abiove) reported that the soybean harvest in Brazil, already completed in 2023, exceeded expectations, leading to an upward revision in export forecasts for soybean grain, meal, and oil this year. Soy remains Brazil’s primary export product.
Brazilian president Lula da Silva has increased subsidized farm loans as part of a national agriculture funding plan as he aims to strengthen ties with the sector, which has been driving the economic activity of the country.
Consultants and banks estimate that fertilizer consumption in Brazil will increase this year, with projections suggesting a range of 2.5% to 10% growth in deliveries. This increase is driven by producers’ need to replenish the volumes used in their crops as input prices have fallen.
According to a survey released Tuesday by Global Forest Watch (GFW), a forest monitoring platform developed by the University of Maryland, Brazil has lost 1.8 million hectares of primary rainforests, mostly in the Amazon, a 15% increase between 2021 and 2022, thus topping the list of nations in such a situation, followed by the Republic of Congo, Bolivia, Indonesia, and Peru.
Case rapporteur Benedito Gonçalves Tuesday voted in favor of convicting former President Jair Bolsonaro in the Superior Electoral Court (TSE) trial for abuse of political power and undue use of the media, Agencia Brasil reported.
Brazil's Federal Public Ministry (MPF) has filed a public civil action requesting the cancellation of the three broadcasting licenses granted to the Jovem Pan group due to the alleged station's alignment with the disinformation campaign, Agencia Brasil reported. According to the MPF, some of Jovem Pan's content undermined the democratic regime.
During the Google for Brazil event in São Paulo, the company Tuesday launched an initiative against misinformation while adding sustainability to the work of reporters and their professional training.
Brazilian authorities Tuesday confirmed the detection of the first case of the highly pathogenic avian influenza virus (HPAI - H5N1) in a poultry bird in the municipality of Serra, in the State of Espírito Santo, but insisted commercial production remains safe. The South American country is the world's largest chicken exporter, with US$ 9.762 billion collected in 2022.
Argentine President Alberto Fernández Monday told his Brazilian colleague Luiz Inácio Lula da Silva that “when you are in trouble you ask your friends for help and friends are always there,” it was reported. Both leaders met Monday in Brasilia to celebrate 200 years of bilateral relations.
Brazilian President Luiz Inácio Lula da Silva Monday said that his country and Argentina have adopted almost 100 actions to give substance to joint development between South America's two largest economies, Agencia Brasil reported.