Beef
Cattle Prices Surge in Brazil, Squeezing Meatpackers’ Margins
Since September, the cost of livestock has skyrocketed by 50%, with no clear consensus among experts on whether prices have peaked
International
Freight
Trading Firms, Rumo in Tough Negotiations Over Take-or-Pay Contracts
Grain trading houses have taken a tougher stance in negotiations with railway operator Rumo regarding next year’s grain transport contracts, especially under the take-or-pay clause. Still, Rumo CEO Pedro Palma expressed confidence in the pace of contract signings in the coming months, stating that they will close at the prices desired by the company as […]
Food inflation
Strong Beef Demand to Offset Rising Cattle Prices, Minerva Says
Strong demand for Brazilian beef, especially from the U.S. and China, is expected to offset rising cattle prices in the medium term, preserving beefpackers’ margins, according to executives at Minerva, South America’s major beef exporter. Cattle prices in Brazil have risen by about 50% in less than two months, raising analysts’ concerns on profit margins in the industry. In […]
Bankruptcy
Agrogalaxy Secures Seeds and Fertilizers for ‘Safrinha’ Corn
Agrogalaxy, a major crop inputs retailer that filed for bankruptcy protection, has been working to reach some deals with suppliers to secure products to sell for famers in Brazil’s second-corn crop, known as ‘safrinha’, which seedings starts in the first months of 2025. The arrangements are important to keep the company alive amid its judicial […]
Agtechs
David Friedberg-Backed Startup Extends Soil Testing to Mato Grosso
Testing soil nitrogen levels has been a challenge for farmers when deciding on fertilizer applications. With analysis mostly conducted in labs, results often take time to be delivered to growers, making these tests less appealing for farmers under the current model. Stenon, a German startup supported by David Friedberg, the founder of Climate Corp and […]
Logistics
Brazil Freight Prices Set to Rise Amid Record Crop, Tight Harvest Window
The logistics challenges of moving the oilseed from farms to ports are huge, a situation that may drive freight prices higher
Food Security
BRF Resumes International Growth Plan Aligned with Saudi Arabia's Kingdom
At the center of the BRF's strategy is the Middle East, a region with growing demand for processed food and halal-related demands
Private equity
Agrogalaxy Bankruptcy Exposes Aqua Capital’s Crisis
Agrogalaxy’s crisis is already affecting Aqua Capital and its controlling companies’ relationship with banks and credit managers
Regenera
Investors Are Eager for Regenerative Agriculture. The Challenge Is Connecting the Dots
Foreign investors are eager for information on know how to invest in Brazilian projects that aim for more sustainable food production