Total Brazilian orange juice exports (FCOJ Equivalent to 66º Brix) registered an 18% increase in the first nine months of the 2019/20 harvest compared to the same period in the previous harvest. A total of 861,700 tons were shipped during the period, compared to 732,048 tons during the same period of the 2018/19 harvest. Revenues increased 6% to a total of US$1.445 billion compared to US$1.369 billion in the previous harvest.
Brazil’s Real fell on Wednesday to a fresh all-time low close to 5.40 per dollar, as expectations intensified that the central bank will cut interest rates significantly in the coming weeks to combat the coronavirus-fueled economic crisis.
Brazil's president Jair Bolsonaro on Sunday again attended a public rally and attacked lockdown measures meant to fight the coronavirus, as supporters of the right-wing leader joined political motorcades around the country.
Brazil's central bank president Roberto Campos Neto said this weekend that Latin America's largest economy will begin to recover from the coronavirus crisis in the fourth quarter, according to an interview in local media.
The governments of Argentina and Brazil are in talks to release water from the giant Itaipu Dam with a view to topping up the Parana River, where ebbing levels are conspiring against a US$ 20-billion-a-year crop export business.
They were rivals on the field in one of the greatest World Cup matches of all time but the former stars of Brazil and Italy have come together off it to help the South American nation fight the new coronavirus.
One of Brazil's most wanted criminals has been arrested in Mozambique after spending more than two decades on the run, officials say. Gilberto Aparecido dos Santos, known as Fuminho, is accused of running drug trafficking operations for one of Brazil's most powerful gangs.
Brazilian agriculture continues to penetrate the international market further. The month of March was marked by the opening of new markets for Brazilian products and the expansion of sales in other locations. Egypt, for example, has enabled 42 Brazilian establishments to supply meat – 27 for poultry and 15 for beef – in addition to the renewal of licenses for 95 companies – 82 for beef and 13 for poultry.
A 99-year-old World War II veteran in Brazil was released from the hospital with military honors on Tuesday after recovering from COVID-19. Second Lieutenant Ermando Piveta, who served in the Brazilian artillery in Africa during World War II, was brought out of the Armed Forces Hospital in Brasilia to a burst of trumpet music and applause.
Brazil likely has 12 times more cases of the new coronavirus than are being officially reported by the government, with too little testing and long waits to confirm the results, according to a study released this week.